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Will California’s Government Raise Taxes Even More?

Summary:
Are California taxes too high? Well, seven members of California’s Legislative Assembly and five  members of the Senate think they’re not high enough. These 12 politicians have co-authored a bill to amend the California constitution to make tax rates permanently higher and impose an excise tax, payroll taxes, and a special income tax. These are the opening paragraphs of my short piece for the Institute for Policy Innovation. The piece is titled “Will California’s Government Raise Taxes Even More?” and appeared on January 19, 2022. I then very briefly lay out the proposed permanent tax increases that would be locked into the California constitution and briefly analyze them. Read the whole thing, which is not long.

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Will California’s Government Raise Taxes Even More?

Are California taxes too high? Well, seven members of California’s Legislative Assembly and five  members of the Senate think they’re not high enough.

These 12 politicians have co-authored a bill to amend the California constitution to make tax rates permanently higher and impose an excise tax, payroll taxes, and a special income tax.

These are the opening paragraphs of my short piece for the Institute for Policy Innovation. The piece is titled “Will California’s Government Raise Taxes Even More?” and appeared on January 19, 2022.

I then very briefly lay out the proposed permanent tax increases that would be locked into the California constitution and briefly analyze them.

Read the whole thing, which is not long.

David Henderson
David R. Henderson (born November 21, 1950) is a Canadian-born American economist and author who moved to the United States in 1972 and became a U.S. citizen in 1986, serving on President Ronald Reagan's Council of Economic Advisers from 1982 to 1984.[1] A research fellow at Stanford University's Hoover Institution[2] since 1990, he took a teaching position with the Naval Postgraduate School in Monterey, California in 1984, and is now a full professor of economics.[3]

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