After billions in tax increases, Californians deserve a tax cut

TaxesFor millions of Californians, the state has been rendered unaffordable because of foolish and counter-productive policies emanating from Sacramento. A shocking one-third of California renters spend at least half of their take-home pay on rent, and only 40 percent can afford to purchase a median-priced home. Little wonder, then, that one in five Californians lives in poverty — the highest poverty rate in the nation.

Small businesses are struggling as well. Nationwide, nearly ten percent of new entrepreneurs start from at or below the poverty line, but according to the Institute for Justice, California is third worst in terms of burdensome licensing laws.

At every moment of every day, Californians are taxed. We have the highest personal income, sales, and gas taxes in the nation. Even though Sacramento is sitting on a $4.6 billion budget surplus, high state taxes are continuing to gouge hard working Californians. In fact, over $15 billion in annual tax increases have been enacted since Gov. Brown took the reins in 2010.

Thankfully, there is a better way to improve the lives of all Californians.

Taxpayers, small businesses, families, homeowners and renters can finally get some relief through the California Competitiveness and Innovation Act (AB1922), which was recently introduced in the state Legislature and is supported by the Howard Jarvis Taxpayers Association. …

Click here to read the full article from the Orange County Register

Comments

  1. How bad is the tax situation in Calif.?

    I have had 2 friends leave the State and take with them their business endeavors. 1/2 of my entire extended family left (20 some people) because of taxes and punishing rules and laws.

    Now just lost another very productive high tech friend (and his business and employees) and one other just announce leaving the State of Punishing taxes and laws. The long term bleeding is starting to tell. Whether the State can ever recover from the Socialist / Communist dictatorship is the question.

    • Going 3rd world. The very rich elite and the poor servitudes living off welfare and government subsidies. Very sad to see the mismanaged financially situation. Wait until the state government pensions really kick in and start to affect the city budgets in big ways.

  2. In the 1950s, in San Francisco, I had a two bedroom flat, separate dining
    and living room wih large fireplace, large kitchen and bath and a two car garage. The cost, 17% of my income, which at the time was $350.00 per
    week. I no longer live in San Francisco.

  3. Guv Jerry Brown and his Democrat-majority legislature are leading this state right over the proverbial cliff. As long as the rank-and-file Democrat voter keeps putting these “death wish” legislators in office, it’s hard to see any “light at the end of the tunnel.”

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