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U.S. Rep. Cliff Bentz, R-Ore., said Wednesday that the nation鈥檚 spending on Medicaid programs is unsustainable, and he urged patience as Republicans in Congress formulate their plan to dramatically reduce spending on the health care program.
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The state's latest economic and revenue forecast includes some heartening news but plenty of caution.
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In Oregon, a record $5.6 billion in revenue surplus will be returned to its taxpayers in the form of an income tax credit next year.
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American Medical Response has poured more than $3 million into a November 2024 initiative to raise requirements for levying taxes and fees. The company says it鈥檚 looking out for patients, but local officials say it鈥檚 about the money.
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A new ban on flavored tobacco products is accelerating a decline in nicotine tax revenue that funds California鈥檚 early childhood services. Some programs are already making cuts.
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A lawyer for Oregon Recovers said in a letter that restaurant owner and Commissioner Kiauna Floyd has a conflict of interest.
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The vote in Ashland to redirect the city鈥檚 tax on prepared foods and restaurant meals to fund parks is hanging by a thread. As of Wednesday morning, the measure is being narrowly rejected by voters, with just 40 votes separating the two sides.
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Tax increases are sensitive business in politics. So it didn鈥檛 take long Wednesday 鈥 all of two hours 鈥 for Gov. Gavin Newsom to swiftly and decisively reject the latest idea from Democratic lawmakers to balance California鈥檚 budget by pumping businesses for more cash.
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In May, Ashland voters will decide whether or not to dedicate its special tax on prepared food to the city鈥檚 parks department.
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A proposal from Governor Gavin Newsom to impose a 鈥減rice-gouging penalty鈥 on oil companies in response to record gas prices last year received a skeptical reception from state lawmakers during its first hearing Wednesday.
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The state's latest revenue forecast suggests lawmakers will have nearly $700 million more to spend in coming years. But taxpayers have a big refund on the way.
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Art, property, stocks, cash and investments owned by Californians worth more than $50 million could be subject to a wealth tax proposed by Assembly member Alex Lee (D-San Jose).
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Tax returns are used by the state government to send Californians money. But some of the people who could most use the money don鈥檛 get it 鈥 if their incomes are low, they may not be required to file taxes, and if they choose not to, they might miss out.
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When might Californians get more details about Gov. Gavin Newsom鈥檚 proposal to enact a windfall profits tax on oil companies, which newly elected state lawmakers are set to consider in a special legislative session beginning on Dec. 5?