Newsom signs laws protecting California workers from AI risks
California Gov. Gavin Newsom signed laws aimed at protecting workers from the threats of artificial intelligence, including potential job losses and workplace surveillance.
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California Gov. Gavin Newsom signed laws aimed at protecting workers from the threats of artificial intelligence, including potential job losses and workplace surveillance.
Proposition 40 would impose a one-time 5% tax on California billionaires, while competing Props. 41 and 42 could prevent it from taking effect after the November election.
California Gov. Gavin Newsom's office has released tax returns showing he and his wife made between $1.7 million and $2 million annually from 2022 through 2024.
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
As California Gov. Gavin Newsom eyes a 2028 presidential bid, he's calling for a national tax on billionaires and a public stake in AI, though he opposes a state ballot measure to tax billionaires.
Californians will vote in November on a controversial proposal to impose a one-time tax on billionaires to help fund federal funding cuts to healthcare for low-income people.
A proposed tax on billionaires' assets is now eligible for the November 2026 ballot in California, the Secretary of State's office announced Wednesday.
Voters in California may decide this fall on a proposal that would make tax increases on high-income earners to fund education permanent, officials said.
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
Six in 10 Americans say they pay more than their fair share in taxes, recent polling shows. Only one-third believe they pay the right amount.
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
Workers who claim the new deduction will see an average tax cut of around $1,400, although some could realize larger savings.
Forecasters predicted filers would benefit from larger checks this year due to a series of new tax provisions in the "one big, beautiful" bill.
The IRS started accepting tax returns on Jan. 26. Here's everything you need to know about getting your tax refund.
A new tax deduction for senior citizens is kicking in this tax season, potentially providing bigger refunds to millions, the AARP says.
Taxpayers can start filing their 2025 tax returns on Jan. 26, 2026, the IRS says.
California will face a projected $18 billion deficit next year, according to a report by the nonpartisan Legislative Analyst's Office.
Many IRS workers are furloughed due to the government shutdown, but taxpayers are still required to file their extensions this week.
California officially eliminated a 25% tax increase on the legal cannabis industry on Monday, with Gov. Gavin Newsom's signature on Assembly Bill 564.
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.
Waiters and bartenders are included in a proposed list of jobs that could qualify for a federal tax break on tips, as well as some workers who don't traditionally get gratuities.
Under the One Big Beautiful Bill Act, clean energy tax credits are set to expire earlier than originally planned.
President Trump said he's considering using money generated by U.S. tariffs to offer a "little rebate" to Americans.
The new tax cuts and spending law signed by President Trump on July 4 could provide savings for all income groups, an analysis finds.
The tax and spending bill signed into law by President Trump on July 4 includes a limited tax break for car buyers.
