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Proposition (year) Status About Proposition 4 (1911) Passed: Granting women the constitutional right to vote in California. Proposition 7 (1911) Passed: Establishing the constitutional direct democracy powers of initiative and referendum in California. Proposition 8 (1911) Passed: Establishing the constitutional direct democracy power of recall ...
The federal standard deduction for tax year 2023 is: ... California Tax Deductions & Credits . ... California State Tax Guide 2024: Income, Sales, ...
A married couple of two 65+ adults would take a total deduction of $27,700 (standard deduction) plus $1,500 for one 65+ adult plus $1,500 for second 65+ adult — a total of $30,700.
Makes permanent the existing tax on managed health care insurance plans, currently set to expire in 2026. It would also require the revenues generated by the tax to only be used for specified Medi-Cal services, and prohibit the revenue from being used to replace other existing Medi-Cal funding. [30] 36: Passed
Proposition 35, titled Managed Care Organization Tax Authorization Initiative, was a successful California ballot proposition in the 2024 general election on November 5. [1] The proposition makes permanent an existing tax on managed health care insurance plans to fund Medi-Cal services pending federal approval.
Proposition 35, permanent Medi-Cal funding: Prop. 35 would make permanent a tax on health insurers, also known as the MCO tax, which is currently set to expire in 2026. Newsom and legislative ...
There is an additional 1% tax (the California Mental Health Services Act tax) if your taxable income is more than $1,000,000, which results in a top income tax rate of 13.3% in California which is the highest statewide income tax rate in the United States. [42] The standard deduction is $4,601 for 2020. [43]
Proposition 5 is a California ballot proposition that was voted on as part of the 2024 California elections on November 5. It failed, with 55.0% of voters voting "no." [ 1 ] If passed, the proposition would have amended the California Constitution to reduce the supermajority requirement from two-thirds of the vote to 55% for local bond measures ...