Steve Hilton, one of the Republican candidates for California governor, said he wanted to scrap income tax for high earners.

Republican Steve Hilton is running to be California governor on a promise that — much like Donald Trump’s Republican-crafted tax proposal taking center stage in Washington this week — sounds too good to be true: Hilton wants to eliminate the state income tax.

California Gov. Gavin Newsom has unveiled a $322 billion budget proposal that aims to address a projected $12 billion deficit.

Some families in the Golden state may see an increase in their federal child tax credit, but thousands could lose it.

Gov. Gavin Newsom said California’s budget is facing a $16 billion deficit that he blames on tariffs. He’s proposing to save $5 billion by pausing a Medi-Cal expansion to immigrants.

It’s important for both residents and businesses to understand California state income tax brackets and how they impact what you owe yearly.

The Republican tax plan would raise the $10,000 cap for the state and local property tax deduction to $30,000 for families making up to $400,000.

As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a subject of intense debate.