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Eliminating a corporate tax break is pitched as a way to make up for federal health care cuts in California

SACRAMENTO, Calif. — A corporate tax policy that costs California billions in lost tax revenue each year could be coming to an end as the state struggles to backfill federal cuts and resolve a looming budget deficit. The proposed legislation, ...

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March 18, 2026 | 12:00 AM UTCUpdated 3h ago

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Eliminating a corporate tax break is pitched as a way to make up for federal health care cuts in California

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Eliminating a corporate tax break is pitched as a way to make up for federal health care cuts in California

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