California billionaire tax secures enough signatures to make ballot
The measure would impose a one-time, 5% tax on the state's roughly 200 billionaires to fund public programs.
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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.
California Gov. Gavin Newsom suggested withholding the state's taxes amid reports the Trump administration may cut funding for the state's universities.
California lawmakers on Monday unanimously approved a bill that would pause an impending 25% tax increase on the state's legal cannabis industry, as it struggles to compete with the black market.
A business owner in Solano County is facing multiple federal charges for allegedly not paying more than $2 million in trust fund taxes, instead spending the money on luxury items, including an expensive sports car, prosecutors said.
The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.
President Trump says steep tariffs on U.S. imports will lead to lower taxes for Americans. Is he right?
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
Most Americans don't know their own tax rate or what others pay to the IRS, yet most feel their taxes are too high.
With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.
Sacramento State students logging into Canvas were redirected to a page displaying a message from a hacking group. The message claimed that the group had obtained sensitive data and threatened to leak it unless a ransom was paid.
Law enforcement officials are investigating after a statue of Cotton Rosser, one of the most influential figures in professional rodeo history, was vandalized in the city of Marysville.
One person was killed in a crash that resulted in major traffic backups on Interstate 80 in Davis on Thursday afternoon, officials said.
Three of the nation's major scholarly groups challenged the Trump administration's cuts to humanities grants.
Netflix will air the Week 1 matchup between the San Francisco 49ers and Los Angeles Rams in Melbourne, Australia, a person familiar with the move told The Associated Press on Thursday.
California’s population may be shrinking, but parts of the Sacramento region are still growing fast.
Sacramento State students logging into Canvas were redirected to a page displaying a message from a hacking group. The message claimed that the group had obtained sensitive data and threatened to leak it unless a ransom was paid.
A new dispute is brewing over the massive California Forever development in Solano County, with neighboring Rio Vista warning the project could open the door to large-scale data centers — a claim both the developer and Suisun City strongly deny.
Law enforcement officials are investigating after a statue of Cotton Rosser, one of the most influential figures in professional rodeo history, was vandalized in the city of Marysville.
A home in the Arroyo Grande area was searched Wednesday in connection with the disappearance of Kristin Smart.
Sacramento State students logging into Canvas were redirected to a page displaying a message from a hacking group. The message claimed that the group had obtained sensitive data and threatened to leak it unless a ransom was paid.
There are new proposed cuts that include eliminating the mounted patrol unit, terminating contracts with Regional Transit and the Natomas Unified School District for resource officers, and ending the ShotSpotter program in some parts of the city.
After postponing its originally planned 2025 stop in the capital city, X Games is moving forward with its return to Sacramento this summer — now with a major music lineup attached.
Opening statements began in the trial of two people charged in the 2022 K Street shooting, the deadliest mass shooting in Sacramento's history.
The aerial dance troupe Bandaloop dangled from the side of Sacramento's Memorial Auditorium as part of this year's celebration. Artists from across the state attended an awards ceremony marking the 50th anniversary of the California Arts Council.
A spring storm has hit farmers in what many consider the cherry capital of the world.
An early morning earthquake in Nevada on Friday was felt as far west as the Sacramento Valley.
The sunny skies and warmer weather in Northern California are increasing the chance of seeing snakes, and this year, there's been a big spike in the number of fatal rattlesnake bites in the state.
The new Department of Motor Vehicles regulations allow law enforcement agencies to issue notices of traffic violations to autonomous vehicle companies when their cars commit moving violations.
A massive sea lion is stealing all the attention at San Francisco's Pier 39, along with most of the dock.
Netflix will air the Week 1 matchup between the San Francisco 49ers and Los Angeles Rams in Melbourne, Australia, a person familiar with the move told The Associated Press on Thursday.
Pinch-hitter Ty France delivered a two-run triple in the seventh inning to put San Diego ahead to stay as the Padres picked up a 5-1 win over the San Francisco Giants on Wednesday.
Edmundo Sosa hit a go-ahead two-run single in the eighth inning, Adolis García homered and the Philadelphia Phillies rallied to beat the Athletics 6-3.
Colby Thomas, Zack Gelof and Tyler Soderstrom homered to back a strong start by Aaron Civale and the Athletics beat the Cleveland Guardian 7-1 on Sunday to avoid a series sweep.
Jonathan Aranda hit a game-ending single in the 10th inning to cap a 4-for-5 afternoon, and the Tampa Bay Rays beat the San Francisco Giants 2-1 to complete a three-game sweep.
Three of the nation's major scholarly groups challenged the Trump administration's cuts to humanities grants.
The acting attorney general is touting the administration's stepped-up denaturalization efforts.
A former cellmate has previously claimed that the note was written by Epstein after a failed suicide attempt less than a month before his death.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
There are new proposed cuts that include eliminating the mounted patrol unit, terminating contracts with Regional Transit and the Natomas Unified School District for resource officers, and ending the ShotSpotter program in some parts of the city.
The FDA announced its first authorization of fruit-flavored electronic cigarettes intended for adult smokers, a major policy shift after months of appeals to President Trump from the vaping industry.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Public health officials say they've confirmed two cases of measles in Sacramento County.
Multiple elephant seal pups along the Northern California coast have tested positive for the deadly avian influenza, or bird flu, according to new research from the University of California.
Fresh off their undefeated season and conference championship win, the women on the team are speaking out for the first time.
Finding the perfect dress isn't easy, but now, selling them could become a lot more challenging.
This weekend, Placer County is hosting its annual Sip Into Spring event, offering free or discounted tastings at more than 20 wineries along what's known as the Placer Wine Trail.
From fruits and veggies to car parts, economists project that businesses will pass along the cost of the tariffs to customers.
An economic blackout was underway Friday as activists nationwide encouraged people not to spend their money at large corporations, retailers and fast-food chains for 24 hours.
President Trump and Gov. Gavin Newsom have made several different claims about California gas prices. Here's what we found.
This year-long investigation provides an unprecedented look at California's one-party supermajority legislature through the eyes of grieving parents who discover how California lawmakers kill popular bills by not voting.
This year-long investigation by CBS News California investigative correspondent Julie Watts examines the many components of California's new tougher-on-crime law.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
The California Highway Patrol captain accused of workers' compensation fraud was the commander in charge of the fatal Mahaney Park shootout in Roseville, three officers who worked under him at the time of the shootout said.
CBS13 and the Call Kurtis consumer investigative team devised an idea on how to lower what consumers owe on their credit cards -- and it begins with a simple phone call.
No one wants to think about death. However, it's important to plan on what happens to your digital assets after you die.
After spending $18,000 on waterproof laminate floors, a Natomas couple spotted damage after the first cleaning.
More than a year after Hai Pham canceled the trial membership, he kept getting charged every month for it.
A Natomas mother demanded that her daughter be exhumed and cremated after a Sacramento cemetery moved her grave without telling the family.
Six months after a California wildfire destroyed dozens of homes in the Tuolumne County community of Chinese Camp, officials say debris removal is now complete and properties are being returned to their owners.
A man has been arrested and charged in connection with the Tiger Fire that burned 118 acres in California's Amador County last summer and forced evacuations near Pioneer.
A major home developer is rethinking how communities are built in wildfire-prone areas and the future is taking shape in El Dorado County.
San Joaquin County secured a grant aimed at helping to build a wildfire protection plan for the entire county.
More than two dozen structures were destroyed in a wildfire in the eastern Sierra Nevada mountains on Wednesday afternoon, officials said.
A Sacramento County dog picked up thousands of miles from home after he went missing five years ago was reunited with his family on Wednesday.
What started as a suspicious circumstances call for Rancho Cordova police ended with a newborn surprise.
A once-empty lot behind Church of the Cross in north Modesto now hosts a thriving community garden with more than 140 plots and growers from across the globe.
A Sacramento-area middle school history and English teacher is in the running to win big as America's Favorite Teacher, a title her students think she is more than worthy of being awarded.
Junior Romello Bruhn of Woodland Christian High School is closer than ever to scoring 3,000 career points, something only 13 high school athletes have accomplished in California state history.
Here is a look at your next seven days of weather!
Nina Burns reports.
One person was killed in a crash that resulted in major traffic backups on Interstate 80 in Davis on Thursday afternoon, officials said.
Brady Halbleib reports.
Find out what kind of weather we're expecting as we end the week.