The California Supreme Court has given a victory to taxpayers in its unanimous ruling that the City of Long Beach must recognize class claims to refund illegally collected telephone taxes.
The Internal Revenue Service (IRS) has overpaid the Earned Income Tax Credit by at least $110.8 billion since 2000, according to a recent Treasury Department inspector general report.
Overall state tax revenues increased by 5.2 percent in the fourth quarter of 2012, this according to the Nelson A. Rockefeller Institute of Government's latest quarterly report on taxes.
The California High-Speed Rail Authority is overestimating ridership by 65 to 77 percent and will need $124 million to $373 million a year from taxpayers to cover its operating costs and financial