Open Policy Discussion

A Single Tax Return

by | Feb 5, 2025 | California Taxes, Economic Opportunity

Hours are wasted by Californians having to fill out a separate income tax form, different from their federal returns. For individuals, the state income tax should be a set percentage of what the individual pays in federal income tax. The only departures from this should be what federal law compels: for instance, that interest on federal bonds and the interest earned on bonds issued by other states cannot be taxed by the states.


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