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.
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
The BART Board of Directors approved Thursday a plan to close stations and make other service cuts if voters reject a sales tax measure that is expected to be on the ballot later this year.
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.
Mayor Matt Mahan of San Jose speaks to CBS News Bay Area's Reed Cowan about his opposition to a proposed ballot initiative that seeks to impose a one-time, 5% wealth tax on residents with over $1 billion in assets.
California will face a projected $18 billion deficit next year, according to a report by the nonpartisan Legislative Analyst's Office.
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
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.
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.
Two executives of a San Francisco Bay Area company face federal prison after pleading guilty to not paying millions of dollars in employment taxes to the IRS, spending the money on themselves, prosecutors said.
The White House says the U.S. and China have agreed to suspend for 90 days most of the tariffs imposed against each other over the last couple months.
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.
The IRS has agreed to share immigrants' tax data with ICE for to help authorities identify and deport undocumented immigrants.
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.
IRS' top lawyer replaced amid DOGE's alleged push to share taxpayer info with other federal agencies.
As the Trump administration's 10% tax on Chinese goods goes into effect, a bike shop owner in the East Bay is trying to adjust to the price increases. Katie Nielsen reports.
With tax season underway, here's what you need to know about tracking your tax refund and your new 2025 tax brackets.
The new tax season is here. Read on to learn when you can file your 2024 tax return and get your refund.
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.
Owners of vacation homes in Northern California's South Lake Tahoe could face a significant tax increase if voters in the mountain resort town approve a measure on Tuesday's ballot that pits affordable housing against private property rights.
A shooting in the Sunset District early Sunday morning left one person dead, the San Francisco Fire Department said.
A witness said the driver tried to run from the scene but was stopped by people in the area.
Casey Schmitt hit two home runs and drove in three, Trevor McDonald struck out five in 6 2/3 innings, and the San Francisco Giants beat the Athletics 6-4.
Pollution from the Port of Oakland and nearby freeways has long been a social equity issue for some residents – and now, there is a push for another freeway, Interstate 580, to shoulder some of that burden.
A man's body was found floating in the water along the Big Sur coastline early Saturday afternoon as hazardous ocean conditions hit the area.
A shooting in the Sunset District early Sunday morning left one person dead, the San Francisco Fire Department said.
A witness said the driver tried to run from the scene but was stopped by people in the area.
Casey Schmitt hit two home runs and drove in three, Trevor McDonald struck out five in 6 2/3 innings, and the San Francisco Giants beat the Athletics 6-4.
Pollution from the Port of Oakland and nearby freeways has long been a social equity issue for some residents – and now, there is a push for another freeway, Interstate 580, to shoulder some of that burden.
A man's body was found floating in the water along the Big Sur coastline early Saturday afternoon as hazardous ocean conditions hit the area.
A shooting in the Sunset District early Sunday morning left one person dead, the San Francisco Fire Department said.
Led by CEO Katherine Bella, the private nonprofit library and cultural institution has spent nearly two centuries adapting to the needs of the community while preserving its historic roots.
Bay Area fans of the K-pop superstar group BTS flocked swarmed Stanford University more than 24 hours before the first of three shows on campus.
For San Francisco-based rapper Aft, stoops were a part of his upbringing in the Fillmore District.
Police in San Francisco on Thursday announced the recent arrests of four people suspected in dozens of retail thefts targeting stores and coffee shops around the city.
A witness said the driver tried to run from the scene but was stopped by people in the area.
Pollution from the Port of Oakland and nearby freeways has long been a social equity issue for some residents – and now, there is a push for another freeway, Interstate 580, to shoulder some of that burden.
Police in Concord said they are searching for several suspects following a smash-and-grab robbery at a mall Wednesday afternoon, in which an employee was pepper sprayed.
San Leandro Police Chief Angela Averiett has been placed on administrative leave after being charged in a 2025 hit-and-run collision, authorities said on Wednesday.
A family injured in a massive explosion in their Hayward home from a gas leak in December 2025 filed a lawsuit against Pacific Gas and Electric and Alameda County on Wednesday, their attorneys said.
A driver crashed into a Sunnyvale Safeway on Friday and traveled about 70 feet into the store before coming to a stop, the department of public safety said.
A series of retail thefts in the South Bay involving boxes of golf balls resulted in the arrest of a suspect earlier this month, police said Friday.
Police in Santa Clara released additional details in connection with a deadly shooting and house fire last week, saying the suspect shot his estranged brother before setting the fire.
Authorities in the South Bay have identified two people who died in a deadly shooting and suspicious fire that took place in a Santa Clara neighborhood last week.
A portion of a South Bay park is closed and an investigation is underway after a dog was sickened by suspected rat poison.
Fire agencies across the North Bay are preparing for elevated wildfire danger this weekend as forecasters warn of strong winds and low humidity - conditions that often signal the start of fire season in Sonoma, Napa, and Marin counties.
Residents living near the Charles M. Schulz Sonoma County Airport say the skies above their neighborhoods are getting louder as passenger traffic and jet service continue to grow.
Health officials in Napa County are warning the public not to eat wild mushrooms after three people were poisoned.
At least one person has died in a multi-vehicle crash in Napa County on Tuesday afternoon involving two vehicles and a motorcycle, authorities said.
A suspect driver surrendered to police following a fatal hit-and-run crash that killed a wheelchair user in Santa Rosa on Monday, the department said Tuesday.
Casey Schmitt hit two home runs and drove in three, Trevor McDonald struck out five in 6 2/3 innings, and the San Francisco Giants beat the Athletics 6-4.
Nick Kurtz homered for a third straight game, hitting a go-ahead three-run shot in the fifth inning and the Athletics beat the San Francisco Giants 5-2 on Friday night.
Rickea Jackson knocked down a 3-pointer with 1:41 remaining to help clinch it and scored 18 points, Skylar Diggins added 15 points, seven assists and five assists, and the Chicago Sky beat the Golden State Valkyries 69-63.
Shohei Ohtani tossed four-hit ball over seven shutout innings, leading the Los Angeles Dodgers to a 4-0 win over the San Francisco Giants.
The San Francisco 49ers will host the Minnesota Vikings for a game in Mexico City this fall, National Football League officials confirmed Wednesday.
A shooting in the Sunset District early Sunday morning left one person dead, the San Francisco Fire Department said.
A witness said the driver tried to run from the scene but was stopped by people in the area.
A series of retail thefts in the South Bay involving boxes of golf balls resulted in the arrest of a suspect earlier this month, police said Friday.
Kars4Kids is banned from using its ads in California after a court found that the funds from donated cars were used for teenagers' international trips and a $16.5 million building in Israel.
Police in Santa Clara released additional details in connection with a deadly shooting and house fire last week, saying the suspect shot his estranged brother before setting the fire.
AI companies are recruiting a wide range of temp workers, from writers to wine enthusiasts, for hourly-paid gigs to help train their language models.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
Three men from Tennessee have been indicted on federal charges, including attempted kidnapping, in connection with an alleged crime spree targeting cryptocurrency owners in California.
A hacking group named ShinyHunters claimed responsibility for the Canvas breach and threatened to leak data involving 275 million individuals if schools did not pay a ransom.
GameStop CEO Ryan Cohen had argued that his company's retail locations would help eBay build a "national network."
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.
Health officials in Napa County are warning the public not to eat wild mushrooms after three people were poisoned.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
A Sacramento County resident is among four Californians being monitored for possible exposure to the Andes hantavirus linked to a deadly cruise ship outbreak, state health officials announced.
San Francisco Bay Area health officials provided an update on a resident who was exposed to the hantavirus during a cruise in the Atlantic, adding that the risk to the public remains low.
The Supreme Court on Friday rejected a bid by Virginia Democrats to revive its new voter-approved congressional map that was drawn to advantage the party for the upcoming midterm elections.
President Trump's trip to China could bolster economic relations, but failed to deliver a breakthrough deal, some trade and energy experts said.
Steve Large breaks down the California governor's debate in San Francisco.
Top gubernatorial candidates faced off in a debate hosted Thursday by CBS News California and the San Francisco Examiner.
Top gubernatorial candidates met onstage Thursday at a debate hosted by CBS News California and the San Francisco Examiner.
Jason Collins, the NBA's first openly gay player, who went on to become a pioneer for inclusion and an ambassador for the league, has died, his family announced Tuesday.
Philz Coffee will once again sport the Pride flag at its cafés after a directive to have them and other flags removed created a backlash.
The Trump administration agreed to restore the Stonewall National Monument's Pride flag in Greenwich Village after it was removed.
Philz Coffee's move to remove the Pride flag and all other flags from their stores is brewing up some strong reaction.
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
Bay Area fans of the K-pop superstar group BTS flocked swarmed Stanford University more than 24 hours before the first of three shows on campus.
City officials in Elk Grove were finalizing preparations on Friday for a visit by country superstar Luke Bryan and an expected attendance of over 20,000 of his fans on Saturday.
For San Francisco-based rapper Aft, stoops were a part of his upbringing in the Fillmore District.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
Authorities in the East Bay have charged two men for allegedly organizing a sideshow in Oakland that broke out as internet sensation IShowSpeed was visiting the area.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
with Jennifer McDermed.
With Zoe Mintz.
Officials say they are not favoring a position, only gathering data.
Visitors are being advised to watch out for sneaker waves and rip currents that are stronger than normal.
Loureen Ayyoub visits a Bay Area library founded in 1854 for this week's Bay Area Beat.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.