By Levi Sumagaysay | CalMatters If you live in California, use tax-funded roads, schools and other services, you’re on the Silicon Valley financial roller…
Shares of top tech companies helped boost state revenue last year, making the health of the tech industry more important than ever for California. If you
By Levi Sumagaysay California is ending the year facing a multitude of economic challenges, including a budget deficit, flat tax revenue, sluggish job growth and massive unemployment insurance debt. The state’s budget surplus turned into a $32 billion deficit in 2023 a result of its heavy reliance on personal income taxes, which are tied to the […]