Federal District Court Judge Tosses Key Parts of DoMA (Defense of Marriage Act)

But if you read the CA law that I posted a link to, you will see that whatever the tax rate is, the withholding tables are statutorily set up to collect 10% more than that. Maybe the law is unconstitutional, but I think not, since the state constitution allows the governor to declare a fiscal emergency, which is what led to this bill. In any case, I'm not aware of any court challenges at this time.

Unfortunately, the FTB web site has virtually no 2010 information yet. However, check this press release, which as of Jan. 12, 2010, states:

"A new tax law raises California?s personal income tax rates by .25 percent for 2009 and 2010."

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So, if your position is correct, that would imply an even newer tax increase has been passed in the last six months, since the date of the press release. One would think there would be some news about that

*somewhere* ...

Oh well, see you back here in six months or less when the 2010 CA tax rate schedules are published...

-Mark Bole

Reply to
Mark Bole
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The only bill passed by the CA legislature in 2009 & 2010 and signed by the Governor that affected personal income tax rates was AB X3 3. It temporarily increased the tax rates by .25% in 2009 and 2010 unless the Director of Finance sent out some form of notice before 4/1/09 in which case the rates were to only go up .125%. No notice was sent, so the individual tax brackets were increased in 2009 by .25%. That's where they stand for 2010 as no additional legislation has passed. The withholding rates, as previously mentioned, are not the tax rates.

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Reply to
Alan

Considering that the press release for the 2009 increase wasn't posted until January 2010, how do you reasonably conclude that a 2010 increase should already be posted?

Exactly my point. The withholding charts have [historically] been equal to the precise tax rates imposed, so there's no reason NOT to assume that an actual tax increase has not happened....

Should this merely be an overwithholding, then alot more people are going to be filing for refunds during 2011. Technically, California cannot issue warrants for tax refunds because a tax refund [of an original return] is an overdeposit of money that the State does NOT have a right to in the first place. Only when an assessment is made (and paid) does the state have a right to take the money and call it its own (and that includes refunds from amended returns). Therefore, California better have the cash on hand to satisfy the refund surge, especially since it usually comes in before the payment surge in mid-April.

Reply to
D. Stussy

You guys can debate this all you want. All I can tell you is that there is no law on the books that changes the individual tax rates from 2009 to 2010. Unless the legislature passes a new law, your 2010 CA tax rates will be the same as 2009. In addition, without a new law, the 2011 tax rates will be .25% less. Lastly, CA does index the brackets for inflation. That is why, you don't see anything from the CA FTB for 2010.

Reply to
Alan

As a reference.. the President signed the U.S. Manufacturing Enhancement Act of 2010 (H.R. 4380) today. By the third quarter of 2014 for large corporations, the amount of estimated tax payments will be higher than the actual amount by 1%.

Reply to
Alan

CA posted the 2010 tax rates today... same as 2009.

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Reply to
Alan

2009.http://www.ftb.ca.gov/forms/2010_California_Tax_Rates_and_Exemptions.... The rates are the same. but the thresholds are not the same. 2008 thresholds were still better. 2008 - 9.3% rate starts at $47,055 2009 - 9.55% rate starts at $46,349 2010 - 9.55% rate starts at $46,766

Similar remarks for all the other tax rates.

2008 - single standard deduction $3,692 2009 - single standard deduction $3,637 2010 - single standard deduction $3,670

The single exemption has gone from $99 to $98 to $99.

Reply to
removeps-groups

2009.http://www.ftb.ca.gov/forms/2010_California_Tax_Rates_and_Exemptions....>

These changes are all due to indexing for inflation/deflation -- which has been required in California for many years. Note that the brackets and standard deduction went DOWN between 2008 and 2009 and are still not back up to 2008 levels.

Katie in San Diego

Reply to
Katie

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