More Than $269 Billion in Tax and Fee Measures Await Action by Lawmakers, Report Shows | WHAT REALLY HAPPENED

More Than $269 Billion in Tax and Fee Measures Await Action by Lawmakers, Report Shows

Democrats love taxes. On a State level, they would like to increase your taxes by $269 Billion (not a typo). This includes $200 billion for single payer—but does not include bond measures, local and county taxes and bonds, along with school district parcel taxes and bonds. The tax for single payer won’t pass—but other taxes will.

“· Sales Tax on Business Services – $49 Billion. SB 993 (Hertzberg) would expand the sales and use tax to services used by businesses.

New Tax on California Businesses – $14.4 Billion. ACA 22 (McCarty/Ting) would impose a 10 percent new tax rate on net business income over $1 million. The proposal would effectively bring California’s corporate income and franchise tax rate to 18.84 percent – the highest business income tax rate in the United States.
These are the major taxes—not included are those costing up to $5 billion a year—nor the massive cap and trade tax—which you pay at the pump and on your utility bill. Sacramento will nickel and dime you to death—then hit you with a sledge hammer. Thanks to Chad Mayes and the Democrats (he is a Democrat Lite Republican) in 2020 you gas tax can go up 72 cents a gallon.

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Gotta pay for all those illegals!

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