Column: California is rolling in surplus cash. But legislators want to raise taxes anyway

  • 📰 latimes
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 6%
  • Publisher: 82%

Sacramento is hauling in so much revenue that the state government is accumulating a huge surplus and is close to being legally forced to return some of the money to taxpayers.

United States Headlines News

United States Latest News, United States Headlines

It’s income tax time across America, but in the California Legislature it is always tax time. Some Democrats never stop trying to raise taxes. It seems addictive.Moreover, Sacramento is hauling in so much revenue that the state government is accumulating aYet, during the young legislative session lawmakers have already proposed raising taxes and fees by an unbelievable $234 billion annually, according to the California Tax Foundation.

It’s beyond the realm of conceivability that the vast majority of these tax proposals could be enacted into law.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Californians pays lower property taxes as a percentage of home value but not as a percentage of income. Prop 13 is our only protection and under constant attack from Sacramento. They’ll eventually succeed in gutting it and we’ll suffer the consequences.

please stop aggravating people's lives. do not add it again with the desire for tax bankruptcy

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Column: If California is such an 'anti-business' state, why is its economy booming?A new survey concludes that California is most anti-business state, but it can't explain why it's also the fastest-growing. Foolish pastor, he sent a deacon 500 years ago with a holy supper outside Easter day and to protect Satan, he forbids his disciples to anoint and baptize, I came in the name of CHRIST to destroy you antichrist and ask people to pray for me amen It's the inertia effect. California used to be a business friendly state not long ago. Because the lies are gonna lie.😃
Source: latimes - 🏆 11. / 82 Read more »

Column: Bitcoin, dogecoin, NFTs, GameStop — is this the peak of investment absurdity?Column: Bitcoin, dogecoin, NTFs, GameStop — is this the peak of investment absurdity? when you realize that the times are changing and generations are overlapping it's gonna be easier for you and everyone else to embrace the future whatever it is..... remember the internet was ridiculous... can kind the clip when Katie couric ask was is if you like 🚀 🚀 🚀 Sub prime mortgages were fine though because those were done by people wearing suits in tall buildings.
Source: latimes - 🏆 11. / 82 Read more »

Column: Hurting transgender kids to shore up the Republican baseThe new flood of anti-trans bills around the nation is a coordinated attack on the LGBTQ community. opinion The cruelty is the point. opinion Guess what! I’m gay and married in the Bible. I know you’re loved!
Source: latimes - 🏆 11. / 82 Read more »

Column: That 'infrastructure' fee on some internet bills is just a stealth rate hike'This is yet another example of businesses advertising one price and then tacking on extra charges after you sign up for service or make a purchase — a classic bait and switch.' Columnist Davidlaz explains:
Source: latimes - 🏆 11. / 82 Read more »

Column: Stop fretting about 'herd immunity' — we're close, if not already there'Respected immunologists say the concept of herd immunity is widely misunderstood — and in fact the conditions for its attainment in the U.S. may be close or already have been reached.' From columnist hiltzikm: hiltzikm 💉👀
Source: latimes - 🏆 11. / 82 Read more »

Why A World Without the Golden Globes Isn’t a Bad World At All (Column)A world without the Globes. How will we ever survive such a place? Don’t worry. I suspect we’ll get along just fine, if not better. Long overdue for accountability, the HFPA’s awa… If they have a recognizable viewpoint, whatever you think of it, that adds diversity. Of thought. America, at least, used to care about that. A world without self-congratulating celebrities would be great.
Source: Variety - 🏆 108. / 63 Read more »