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Debt Consolidation in California

California MapCalifornia is the most populated State in our country and their residents know access to beautiful, sunny weather and ocean views equate to a much higher cost of living. As such, Californianís are all too familiar with huge mortgage payments and real estate taxes that, for many, have created a reliance on credit card usage and a growing debt balance. The average homeowner in California owes more than $300,000 on their home and struggles to ever pay down any of their debt. Debt consolidation is one way for consumers to improve their financial picture.

California, also called the Golden State, has the largest economy in the U.S and itís even greater than most countries entire gross domestic product. Manufacturing, vineyards, among other agricultural productions, entertainment and tourism generate trillions of dollars each year. However, Californians were not immune to the recent downturn in the U.S. economy.

This Stateís unemployment rate ranks among the fifth highest in the U.S. Many dual income families have, unfortunately, become single income families in the last several years. For those that have managed to return to the work place their paycheck is likely lower than before, making it harder for individuals and families to turnaround their financial outlook. Saving for retirement and college have taken a back seat for many residents that are living paycheck to paycheck.

Debt consolidation offers one avenue for Californians to reduce their monthly payments, pay off debt and start concentrating on the future. Debt consolidation can also remove a tremendous amount of stress- eliminating the burden of managing too many financial obligations.

 

GOP pours cash into bid to repeal California gas tax hike - and save House majority

A campaign to repeal California's gas tax hike could be Republicans' golden ticket to save the Golden State -- and the U.S. House -- from a Democratic wave. House Majority Leader Kevin McCarthy and other top Republicans are putting big money behind an ...

Published:  Sat, 19 May 2018 05:06:00 GMT



California Just Reduced Its Marijuana Tax Revenue Estimates

Over the past 22 years, the green rush has engulfed North America. In 2001, Canada legalized medical marijuana, and it's fully expected to become the first developed country in the world to OK the sale of adult-use recreational cannabis by this summer.

Published:  Sat, 19 May 2018 04:28:00 GMT



California lags other high-tax states on state and local deduction workaround

The California Senate passed a state and local taxes workaround bill by state Senate President Pro Tem Kevin de LeŪ≥n in January, but it hasn't gotten anywhere in the Assembly. New York, New Jersey and Connecticut have already passed bills intending to ...

Published:  Sat, 19 May 2018 06:00:00 GMT



California Ballot Initiative to Expand Property Tax Breaks for Wealthy Seniors Could Be Another Boon to GOP

Ballot initiatives are a central fact of political life in California, dating back to the Progressive era when they were a token of "direct democracy." But initiatives backed by wealthy and powerful interests are often not progressive at all.

Published:  Fri, 18 May 2018 09:00:00 GMT



Initiative to expand Proposition 13's tax benefits heads for the November ballot

A plan to allow homeowners 55 and older to take a portion of their Proposition 13 property tax benefits with them when they move to a new California home is eligible for the statewide ballot in November, Secretary of State Alex Padilla said in a release ...

Published:  Thu, 17 May 2018 19:09:00 GMT



California (Hopefully) Learns A Lesson About Marijuana Taxes And The Laffer Curve

I wanted California to decriminalize marijuana because I believe in freedom. Smoking pot may not be a wise choice in many cases, but it's not the role of government to dictate private behavior so long as people aren't violating the rights of others.

Published:  Fri, 18 May 2018 06:53:00 GMT



Chuck Schwab expects more companies to flee high-tax states like California after changes to federal law

The Charles Schwab Corp. annual meeting at the company's San Francisco headquarters this week provided an opportunity to ask one of the city's most prominent business leaders a question on the minds of many these days: Will the new tax law capping the ...

Published:  Fri, 18 May 2018 05:03:00 GMT



Legal marijuana sales yielded just $60.9 million in taxes for California for first quarter of 2018

Marijuana generated nearly $61 million in tax revenue for the state of California during the first three months of legal recreational weed sales, falling shy of preliminary projections. A cultivation tax on harvested cannabis, a 15 percent excise tax ...

Published:  Tue, 15 May 2018 11:15:00 GMT



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