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Voters headed to the polls (or mailboxes) this Election Day not only to choose the next president of the United States but also to make decisions on a range of significant tax issues across the country.
Although voters in California and the Portland-Metro area struck down significant business tax increases and the voters of Illinois rejected a graduated income tax, San Francisco voters hammered the business community with a slew of new local taxes and changes to the City’s already existing taxes. In addition, high-earners taxes have been approved in the Portland-area and likely Arizona, and app-based rideshare drivers will remain independent contractors for certain purposes in California. These are just a few of the measures that were on the ballot this Election Day.
Please read a full list in our Legal Alert here.