Jerome Horton

There Could Be More Income Tax Return Cash on the Table for You

For people who have not yet filed their tax returns, the United States Treasury Department and the Internal Revenue Service (IRS) announced March 21 that they are moving the 2019 income tax filing due date from April 15 to July 15 this year, a three-month extension.

Reparation: Racism vs Reality 

Mitch McConnell, Senate Majority Leader said he does not support reparation for decentness of slaves, concluding “None of us currently living are responsible” for slavery.  In a sense, Senator McConnell is right. Reparation is not the responsibility of White Americans or any individuals living today. It is the responsibility of the government.  For it was the U.S. government which enacted the legal institution of human chattel enslavement, primarily of Africans and African Americans, in the 18th and 19th centuries. 

BOE Member Jerome E. Horton Honored at 18th Annual Asian Small Business Expo  

The Asian Pacific Islander Small Business Program (API SBP) honored Board of Equalization Member Jerome Horton at the 18th Annual Asian Small Business Expo on October 14 for his support of Asian business owners and for empowering California entrepreneurs to minimize the burdens of taxation, create jobs, and grow sustainable businesses in California. 

BOE Considers Lowering Gasoline Excise Tax Rate for Third Year in a Row

The California State Board of Equalization (BOE) will consider lowering the excise tax rate for gasoline by 2.2 cents for Fiscal Year (FY) 2016-17 during its February 23, 2016 meeting in Culver City. If adopted, the excise tax rate on gas will be 27.8 cents per gallon from July 1, 2016 through June 30, 2017. The current excise tax rate of 30 cents per gallon remains in effect until June 30, 2016. California drivers pay two types of state taxes on gas: sales tax, which is a percentage of the price and a per-gallon excise tax. Before AB x8 6

More Californians Hitting the Road: 2014-15 Gasoline Consumption Increase Largest in More Than a Decade

California State Board of Equalization (BOE) Chairman Jerome E. Horton recently announced gasoline consumption in the state rose 2.4 percent during fiscal year (FY) 2014-15, the largest yearly increase since FY 03-04 (increase of 2.6 percent). The rise in fuel consumption signals a strengthening California economy, with cheaper gas prices encouraging more vehicle travel. “The increase in gasoline consumption is consistent with California’s dip in unemployment to 5.7 percent in 2015 and demonstrates that lower gasoline prices are good for the economy and family road trips,” said Chairman Horton. Californians consumed 14.921 billion gallons of gasoline in FY 14-15, a

State Supreme Court Denies BOE Petition in Lucent Sales and Use Tax Case

Board of Equalization Chairman Jerome E. Horton announces that the California Supreme Court denied the Board of Equalization’s Petition for Review in the Lucent Technologies, Inc. and AT&T Corp. v. State Board of Equalization (Lucent) sales and use tax case decided on January 20, 2016.  The State could owe refunds to almost 900 technology companies with claims held in abeyance as a result of the Supreme Court Ruling in the case. The BOE’s petition followed the Second District Court of Appeal’s decision on October 8, 2015, affirming the trial court’s judgment in favor of plaintiffs AT&T Corp. and Lucent Technologies,

Steve Bradford Inducted Into Gardena Wall of Fame

Bradford honored for dedicated years of service to Gardena On Sat., Oct. 10, lawmaker Steven Bradford was officially inducted into the Gardena Wall of Fame at Gardena City Hall.  Gardena Mayor Paul Tanaka officiated the outdoor ceremony that took place on the lawn adjacent to city hall and was attended by Board of Equalization Chairman Jerome Horton and his wife Inglewood City Clerk Yvonne Horton among others.  Former Gardena Mayor Donald Dear and Reverend John and Nancy Ward joined Bradford as this year’s honorees. The first African-American elected to serve on the city’s council, Steve Bradford spent 12 years serving