Statewide ballot measures tend to come in waves. Four months ago, there were only five citizen-sponsored initiatives attempting to make the 2026 ballot — today there are 25.
Last week, Governor Newsom proposed a $322 billion budget, with no deficit. Then the Los Angeles fires happened. As part of the state’s response, it is giving all taxpayers in L.A. County until October 15 to file California tax returns on their 2024 income. Quarterly tax payments have also been postponed (for details, check out the latest CalTax Report). This delay in tax payments could significantly impact California’s notoriously volatile tax revenue, potentially pushing the state budget into the red. Here’s what you need to know…
From Hollywood to Silicon Valley, California was built on dreams. However, in recent years, many found that California has not lived up to its ideal as the Golden State and have left. But despite the exodus, California recently experienced its first population bump in three years, albeit a very small increase. Yet, there are other signs that California’s dynamism and spirit of dreaming big haven’t disappeared.
