Effort to End California Home Office Tax Break Advances
A Senate committee backed Gov. Brown’s plan to end the $23 million home office tax deduction for California insurance companies, moving a constitutional amendment to the floor. The measure would require only a simple majority to repeal the deduction, currently costing the state treasury.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Brown
Senate
Revenue and Taxation
Roberti
Treasury
Brown moves into state's apartment in Capitol area
Gov. Brown has relocated to a state owned apartment near the Capitol in Sacramento. He has not signed a lease and plans to stay in the top floor unit while rejecting the proposed governor's mansion. Two units share basic furnishings from a department pool and rent totals 500 dollars a month. A housekeeper may be hired but no cook is planned.
MENTIONED IN THIS ARTICLE
Sacramento
Brown
Capitol
Dave Jensen
Jensen
Carmichael
General Services Administration
Sweepstake Winner Faces Tax Evasion Indictment
An Oakland man who won $128 410 in the 1973 Irish sweepstakes was indicted by a federal grand jury and arrested on income tax evasion charges. Frank McNulty, 59, allegedly avoided paying $35 014 in federal taxes by not filing a 1973 return on $122 660 taxable income.
MENTIONED IN THIS ARTICLE
San Francisco
Oakland
California tax board passes over small dodgers in system
Sacramento AP report says the Franchise Tax Board will not pursue returns under a threshold, leaving 288,578 nonfilers from 1972 uncollected. Auditors estimate $8.7 million in lost revenue as the agency focuses on major taxes and out-of-state accounts.
MENTIONED IN THIS ARTICLE
Sacramento
California
FTB
Martin Huff
Ray Mills
Huff
Inflation income tax cuts eyed by California lawmakers
In Sacramento two inflation related tax cut bills advance to study their cost in lost state revenue. Assemblyman Waddie Deddeh and Assemblyman Mike Antonovich back measures to shorten personal income taxes on income rising solely from inflation. A committee analysis notes the bills would adjust brackets to reflect cost of living changes.
MENTIONED IN THIS ARTICLE
Sacramento
Deddeh
Mike Antonovich
Glendale
Antonovich
Daniel Boatwright
Concord
Assembly
Leo McCarthy
San Francisco
Boatwright
Revenue and Taxation Committee
Assembly Ways and Means Committee
Berkeley engineer named to California energy commission
A Berkeley chemical engineer, Alan D. Pasternak, 40, was appointed Wednesday to California's new powerful energy commission by Gov. Brown. He has been an assistant leader on a coal gasification project at Lawrence Livermore Laboratory while serving at UC. The article notes related tax reform discussions and a separate bill by Assemblyman Bannai to ease capital gains taxes for seniors on home sales under certain income and price limits.
MENTIONED IN THIS ARTICLE
Sacramento
Berkeley
Energy Commission
Brown
Alan D. Pasternak
University of California
Lawrence Livermore Laboratory
Prop 9 Director Named Sacramento Leader
The Fair Political Practices Commission appointed Michael Bennett 36 as executive director to lead enforcement of Prop 9 the Political Reform Act of 1974 which voters passed last June. Commission Chairman Daniel Lowenstein announced the appointment.
MENTIONED IN THIS ARTICLE
Sacramento
Fair Political Practices Commission
National
Legal Services Corporation
Michael Bennett
Commission
Daniel Lowenstein
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