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Message
California Dems propose amendment to seize half of businesses tax reform savings
Posted on 1/19/18 at 9:11 pm
Posted on 1/19/18 at 9:11 pm
Didn't see anything posted about this on here..
LINK
Democrats in California have proposed an amendment to take half of the tax savings businesses in their state get from the recently-passed federal tax cuts.
California would seize the savings via a proposed "tax surcharge" on any tax reform benefits, The San Francisco Chronicle reports:
"A proposed Assembly Constitutional Amendment by Assemblymen Kevin McCarty, D-Sacramento, and Phil Ting, D-San Francisco, would create a tax surcharge on California companies making more than $1 million so that half of their federal tax cut would instead go to programs that benefit low-income and middle-class families."?
Democrats love to take other peoples money... If this goes through I wonder how many silicon valley companies or others leave the state??
LINK
Democrats in California have proposed an amendment to take half of the tax savings businesses in their state get from the recently-passed federal tax cuts.
California would seize the savings via a proposed "tax surcharge" on any tax reform benefits, The San Francisco Chronicle reports:
"A proposed Assembly Constitutional Amendment by Assemblymen Kevin McCarty, D-Sacramento, and Phil Ting, D-San Francisco, would create a tax surcharge on California companies making more than $1 million so that half of their federal tax cut would instead go to programs that benefit low-income and middle-class families."?
Democrats love to take other peoples money... If this goes through I wonder how many silicon valley companies or others leave the state??
29
Posted on 1/19/18 at 9:12 pm to Friscodog
Holy sheet
Posted on 1/19/18 at 9:12 pm to Friscodog
Wow frick that, someone needs to kick those congressmen in the balls.
Posted on 1/19/18 at 9:13 pm to Friscodog
These mother frickers are communists. They will keep this shite up and bankrupt the entire state because people will leave that shithole.
Posted on 1/19/18 at 9:13 pm to Friscodog
Wow
Just wow
Just wow
Posted on 1/19/18 at 9:14 pm to Friscodog
Jesus. Maybe California will catch fire and start sliding into the Pacific.
Posted on 1/19/18 at 9:15 pm to Friscodog
And no way apple spend another dollar in CA
Posted on 1/19/18 at 9:16 pm to Friscodog
Texas still has plenty of room for even more companies that want to leave California.
Posted on 1/19/18 at 9:18 pm to Bard
quote:
Texas still has plenty of room for even more companies that want to leave California
This might be how they turn Texas blue....employees that voted D when their companies were in California aren't going to start voting R when they move.
Posted on 1/19/18 at 9:20 pm to Friscodog
I knew some states would do this
Posted on 1/19/18 at 9:21 pm to Jimbeaux28
yeah we don't need anymore in Texas.
Posted on 1/19/18 at 9:23 pm to Friscodog
Jesus titty fricking christ, there's a reason that Atlanta has become Hollywood East. NOLA too, to a lesser extent. They won't be taxed out the arse. How do these politicians not get this?
Posted on 1/19/18 at 9:25 pm to Friscodog
Posted on 1/19/18 at 9:25 pm to Friscodog
If this was happening under Obama there is no way they would even bring that up for proposal...
Posted on 1/19/18 at 9:26 pm to Friscodog
Ha this is awesome! Tucker should have this assemblyman on the show next week.
Holy shite
Holy shite
Posted on 1/19/18 at 9:27 pm to Friscodog
The mind of a Democrat:
Those "tax savings" were government money and it belongs with the government. So the state taxes half of what was government money while generously leaving the business with the other half which they actually should have never had.
Those "tax savings" were government money and it belongs with the government. So the state taxes half of what was government money while generously leaving the business with the other half which they actually should have never had.
This post was edited on 1/19/18 at 9:30 pm
Posted on 1/19/18 at 9:28 pm to Friscodog
Let them. Would that just chase business out of state?
This post was edited on 1/19/18 at 9:30 pm
Posted on 1/19/18 at 9:29 pm to Bard
quote:
Texas still has plenty of room for even more companies that want to leave California.
You'd just be inviting prog voters to move in to your state. Might not be worth it.
Jimbeaux already beat me to this point.
This post was edited on 1/19/18 at 9:31 pm
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