California Tax Foundation
Tax Watch
October 18, 2017
Updated Through the End of the 2017 Legislative Session
SACRAMENTO – California state lawmakers this year proposed $373.4 billion in higher annual taxes and fees, the nonpartisan California Tax Foundation reported today.
“The $373.4 billion cumulative cost of proposals introduced in 2017 is the highest amount identified since we began publishing Tax Watch in 2015,” California Tax Foundation Director Robert Gutierrez said. “To put this number in context, it is nearly $200 billion per year more than the total amount of taxes and fees currently collected by the state government.”
The Foundation’s Tax Watch report identifies all tax and fee proposals introduced during the first year of the 2017-18 legislative session, with information on which measures were signed into law, which failed, and which remain alive for possible consideration when the Legislature reconvenes next year.
The three proposals with the largest impact on taxpayers:
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SB 562, which would increase taxes by $200 billion annually to pay for a single-payer healthcare system where all costs are paid by the State of California.
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SB 640, a $122.63 billion sales tax on services.
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ACA 2 , an $8.65 billion tax on groceries, snacks and candy.