Posts Tagged ‘california tax rates 2009’

California Tax Overhaul Proposal – The Winners and Losers Revealed in Upcoming Webinar

Saturday, October 31st, 2009

http://www.reuters.com/article/pressRelease/idUS244597+30-Oct-2009+PRN20091030

 

December 9, 2009 (Wed.) – 9:30-11:00 PST – Bureau of National Affairs (BNA) will be conducting a national webinar which will provide participants with an overview of the dramatic decrease in state revenues and what this means for business and personal taxpayers. 

In addition to discussing the steepest drop in state revenues in 50 years, we will be focusing on the business and personal impact of the California tax overhaul proposed by the Commission for the 21st Century Economy last month.

As detailed in posts earlier this month, the proposal includes elimination of corporate income taxes, a reduction of personal tax rates to 6.5%, reduction of sales tax rates, and the introduction of a controversial Business Net Receipts Tax (BNRT).