California
Below is a list of tax expenditure reports published in the states.
It's the first official week of summer, and while many of us are planning vacations, state lawmakers remain busy finalizing and debating tax proposals.
From surcharges on the income of high-earners to higher taxes on second homes, here are recent steps states have taken to tax the rich.
The effects of last year’s federal tax and spending cuts continue to ripple through the states. With gas prices soaring due to the Iran war, some states are attempting to provide a bit of relief in the form of gas tax reductions and suspensions.
State Rundown 4/30: Aloha to Tax Cuts, Hawaiʻi Lawmakers Address Revenue Gap with High-End Tax Changes
April 30, 2026 • By ITEP Staff
This week Hawaiʻi lawmakers reached a compromise to balance the state budget and maintain tax cuts for most residents by, in part, raising rates on the richest Hawaiians. Other states are working to generate revenue from their wealthiest residents, too.
Center on Budget and Policy Priorities: It’s Time To End Corporate Tax Avoidance in California by Closing the Water’s Edge Loophole
April 27, 2026 • By ITEP Staff
ITEP cited in testimony in favor of a California policy that would close a profit shifting loophole and ensure that corporations pay their fair share. Read more.
While States Debate New Trump Tax Changes, Equity Must Be at the Core
April 20, 2026 • By Brakeyshia Samms
States continue to debate whether and how to link their state tax codes to the 2025 federal tax law. This is not just a technical debate.
Tax Break for Ultra-wealthy Investors Takes a Hit in Maine and Oregon
April 15, 2026 • By Nick Johnson
Policymakers in Maine and Oregon wisely said “no” last week to an income tax break for deep-pocketed tech investors and venture capitalists that was expanded in last year’s federal tax bill.
California Gov. Gavin Newsom went to Texas recently and claimed: “Texas taxes poor folks more than we tax our richest." He’s right.
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ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
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