by 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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David Henderson considers the following as important: burden of tax, California, income tax rates, payroll taxes, Taxation, taxes
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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.