Sen. Kelly Pushes AI Tax Measures to Fund Workforce SupportSen. Mark Kelly (D-Ariz.) introduced a bill Thursday that would place three excise taxes on artificial intelligence to feed a federal trust fund dedicated to retraining a displaced American workforce.Bloomberg Tax News14d agoWhole story →TechnologySecurityMark Kellyai tax bill introduction
California Court Backs County Tax to Offset Federal Funding CutsSanta Clara County properly held a special election to get voter approval of a sales tax increase to address budget shortfalls created by federal cuts to Medicaid and SNAP benefits, a state court ruled.Bloomberg Tax News14d agoWhole story →GovernmentHealthcalifornia tax ruling
California Extends, Expands Home Hardening Income Tax ExemptionThe California Governor signed a revenue trailer bill with statutory changes related to home hardening necessary to implement the 2026 Budget Act. The law includes: 1) adding certain mitigation payments ...Bloomberg Tax News14d agoWhole story →EconomyPlanetcalifornia tax exemption update
Corporate Bill ‘Not Possible’ Minus Tax Clause, EU Official SaysA senior EU official warned countries Thursday not to water down the ambition of the bloc’s company law bill, especially a clause that would delay taxing stock options for startups.Bloomberg Tax News14d agoWhole story →EconomyPlaneteu company law bill debate
