Bezos says bottom half of U.S. earners should pay no federal income tax
The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
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The Amazon founder said eliminating taxes for lower-income Americans could ease financial pressure and encourage entrepreneurship.
The Democratic-controlled House Ways and Means Committee released six years of former President Donald Trump's tax returns, ending Trump's years-long legal battle to keep them secret. Meanwhile, the Jan. 6 committee has released another round of witness transcripts. Scott MacFarlane reports.
After a long legal fight, a House panel investigating the former president on Friday released new details of his tax returns.
Tax agency will forgo some late fees for people who were affected by health crisis, with average refund of $750.
A Los Angeles state lawmaker has co-sponsored a bill to exempt teachers from paying state income tax after five years in the classroom.
Tax Day 2016 is not on April 15 as usual. Instead, it has been moved to April 17 because of Washington D.C.'s Emancipation Day. Here is a look at why Tax Day is on April 15 to begin with, what Emancipation Day is, and when Tax Day can be moved to a later date.
Tax breaks can make raising children a little more affordable.
Disgraced former Bell city manger Robert Rizzo Monday pleaded guilty to charges that he filed a false federal income-tax return.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
So you've prepared your tax return and found that you owe. What should you do if you can't pay?
The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven't started preparing your taxes yet, do it.
The campaign for a November ballot initiative that seeks to raise most California income taxes to fund public schools is phasing out a TV ad that criticizes a rival tax initiative pushed by Gov. Jerry Brown.
Gov. Jerry Brown kicked off his campaign for tax increases at a Sacramento high school on Wednesday, warning that passing Proposition 30 is the only way to avoid billions of dollars in cuts to schools and higher education.
The legal troubles are not over for Lindsay Lohan. The actress now is facing a lien for more than $93,000 in unpaid federal taxes, according to TMZ.
Lindsay Lohan has a brand new $93,000 problem -- the federal government claims the actress never paid her 2009 income tax -- and now Uncle Sam is finally out to collect.
Gov. Jerry Brown is unveiling a controversial new budget proposal that will force Californians to choose between higher taxes and deep education cuts.
The city said it's working to identify the cause of the mistake.
According to the USGS interactive map, the earthquake could be felt in cities as far as Corona, Pomona, Beaumont, Crestline and Murrieta.
Nick Reiner is accused of stabbing his parents Rob and Michele Singer Reiner to death at their home in December.
It is unclear what led up to the shooting and if the man was armed at the time he was shot.
Stellantis is recalling almost 1.08 million Jeep Wranglers and Gladiators in the U.S. that could catch fire even when they're parked and turned off, federal regulators say.
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
The city said it's working to identify the cause of the mistake.
According to the USGS interactive map, the earthquake could be felt in cities as far as Corona, Pomona, Beaumont, Crestline and Murrieta.
Nick Reiner is accused of stabbing his parents Rob and Michele Singer Reiner to death at their home in December.
It is unclear what led up to the shooting and if the man was armed at the time he was shot.
According to the USGS interactive map, the earthquake could be felt in cities as far as Corona, Pomona, Beaumont, Crestline and Murrieta.
It is unclear what led up to the shooting and if the man was armed at the time he was shot.
Santa Monica city officials are urging people to stop feeding the squirrels at Palisades Park due to a swelling population and potential environmental concerns.
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
According to prosecutors, the shooting continued intermittently for at least 20 minutes before Justin Derek Jennings surrendered to authorities.
Police arrested the 28-year-old man after he crashed and attempted to hide in thick brush near Hayes Avenue and De Luz Road in Murrieta.
One person was taken into custody for the stabbing, which deputies said may be gang-related.
Garden Grove residents urged their city council to close the GKN Aerospace facility at the center of a chemical leak in late May.
GKN Aerospace officials have announced a series of community support initiatives intended to help the thousands of Orange County residents who were forced to evacuate their homes when the Garden Grove-based facility became the center of a chemical crisis in late May.
Under the oversight of the OC Health Care Agency, South Coast AQMD, and GKN Aerospace, MMA from the tank is scheduled to be pumped out and removed between Thursday and Friday.
Hermosa Beach police arrested a suspect who allegedly broke into a home while the residents, including two small children, were still inside early Monday morning.
Banning police are investigating an assault that left a man in critical condition after he was allegedly attacked by a person with a baseball bat on Sunday afternoon.
An 18-year-old man was killed in an off-roading crash near Menifee over the weekend, according to the California Highway Patrol.
Police arrested the 28-year-old man after he crashed and attempted to hide in thick brush near Hayes Avenue and De Luz Road in Murrieta.
Deputies say that eight teens were inside a speeding Dodge Charger when the driver lost control, causing the car to roll onto its side. One of the occupants was ejected, and all of the teens were taken to nearby hospitals, where a 17-year-old boy succumbed to his injuries.
Nick Reiner is accused of stabbing his parents Rob and Michele Singer Reiner to death at their home in December.
President Trump abruptly ended an interview with NBC News when repeatedly challenged on his claims of election fraud
New York Fed survey shows growing concern about household finances and the job market, even as the job market remains solid.
The Trump administration on Monday announced it is seeking to revoke the citizenship of 17 U.S. citizens accused of immigration fraud.
The lawsuit calls the event "deeply corrupt" and argues that it seeks to enrich the president and his allies and lacks proper authorization.
Donald Trump was booed loudly by fans inside Madison Square Garden when he was shown on video screens during the national anthem prior to Game 3 of the NBA Finals on Monday.
CBS News projects that incumbent Los Angeles Mayor Karen Bass will face off against Nithya Raman in November's runoff election.
President Trump abruptly ended an interview with NBC News when repeatedly challenged on his claims of election fraud
The Trump administration on Monday announced it is seeking to revoke the citizenship of 17 U.S. citizens accused of immigration fraud.
Los Angeles City Council member Nithya Raman surged past Spencer Pratt on Sunday in the race for LA mayor. The California governor's race remains undecided.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
San Francisco officials said Tuesday that the city has filed a lawsuit against leading manufacturers of ultra-processed foods, accusing them of producing products linked to serious health issues and alleging that the companies knowingly made the foods addictive.
A bill that would reverse a 25% tax increase on California's legal cannabis industry is heading to Gov. Gavin Newsom's desk, after being approved by the legislature.
Los Angeles County health officials on Saturday confirmed the fifth measles case of the year in an international traveler who arrived at Los Angeles International Airport earlier in the week.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
California public health officials said on Wednesday that they have identified a fifth resident who may have been exposed to the Andes hantavirus due to the outbreak on the MV Hondius cruise ship.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Three passengers have been evacuated from a cruise ship hit by a hantavirus outbreak, as related cases are confirmed in Switzerland and South Africa.
The California State Assembly passed a new bill that they hope can rein in a black market in restaurant reservations.
Voters in California may soon decide on a ballot measure that seeks to help the state's middle class afford to buy a home, by establishing a $25 billion loan program that would provide down payment assistance.
Some Trader Joe's shoppers will get a payout after a lawsuit alleged that the retailer's customer receipts put shoppers at risk of ID theft.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
A home-based food movement has been heating up in California, with home cooks turning their beloved family recipes into small businesses.
Jose Altuve scored the go-ahead run in the 10th inning on a popout to shallow center field, and Houston Astros left fielder Brice Matthews threw out Mike Trout at home plate in the bottom half to preserve a 5-4 victory over the Los Angeles Angels.
Backup catcher Sebastián Rivero went 5 for 5 with six RBIs, leading the Los Angeles Angels to a 13-5 victory over the Dodgers.
Nelly Korda won the 81st U.S. Women's Open for her second consecutive major victory.
The Los Angeles Angels have placed pitcher Jack Kochanowicz on the 15-day injured list because of right elbow inflammation.
In his fourth major final, Alexander Zverev beat Flavio Cobolli 6-1, 4-6, 6-4, 6-7 (5), 6-1 for the French Open title on Sunday.
Peabo Bryson, a two-time Grammy-winning singer and songwriter known for Disney movie hits "Beauty and the Beast" and "A Whole New World," has died at age 75.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
Sonny Rollins, the legendary tenor saxophonist known for his bold tone and constant experimentation, has died at 95.
The CBS LA American Music Awards Red Carpet Special will capture the moments as the stars arrive at the MGM Grand Garden Arena in Las Vegas and airs from 4 p.m. to 5 p.m. PDT on CBS LA and streaming online on CBS News Los Angeles.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.
A warming trend will begin in Southern California on Tuesday. Inland communities will be about five degrees warmer.
Los Angeles County deputies are investigating a deadly shooting that happened in Lennox late Monday.
Lesley Marin reports from Perris, where residents and city officials are set to take up the issue of data center construction within city limits.
In this episode of Look At This!, Desmond Shaw takes us to check out the Mirlo Gate Lodge Tower, which leads into the Palos Verdes Estates.
Nicole Comstock reports from Santa Monica, where city officials and wildlife experts are urging the public to stop feeding the squirrels, which could be causing issues as large as erosion.
Some of golf's best are facing off at the U.S. Women's Open at the Riviera Country Club in the Pacific Palisades over the weekend. The event runs from June 2 to June 7.
Widely considered the greatest architect of his time, Frank Gehry helped shape Los Angeles' skyline.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Franklin Fire in Malibu quickly grew overnight and threatened several homes. Evacuation orders were issued and Pepperdine University instructed students to shelter in place.
