California Explores Mileage-Based Road Charge to Replace Gas Tax
As electric vehicles gain popularity, California considers replacing its nation-leading gas tax with a mileage-based road charge program. The shift aims to address projected $5 billion revenue shortfalls by 2035 while creating a more equitable system for funding road maintenance.
California's Elite Income Club: The $1 Million Threshold to Join the Top 1%
New data reveals Californians need to earn over $1 million annually to join the state's top 1% of earners, placing it among just five states with such a high threshold. This requirement stands at more than 13 times the average U.S. household income, highlighting California's position as one of America's most economically competitive states.
Lake Tahoe Vacation Home Tax Proposal Sparks Debate on Community Sustainability
California voters are set to decide on a controversial tax targeting vacation homes in Lake Tahoe. The measure aims to address affordable housing issues but faces opposition from tourism industry stakeholders concerned about economic impacts.