California Democrats want businesses to give half their tax-cut savings to state

Started by walkstall, January 22, 2018, 09:40:54 AM

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walkstall

Solar your going to love this.  The tax increase is by the state not by the businesses. 

California Democrats want businesses to give half their tax-cut savings to state.


snip~
SACRAMENTO — California lawmakers are targeting the expected windfall that companies in the state would see under the federal tax overhaul with a bill that would require businesses to turn over half to the state.

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.


more @
http://www.sfgate.com/bayarea/article/California-democrats-want-businesses-to-give-half-12508742.php
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Solar

I saw this and cracked up at the lunacy of these leftists. No one in their Right mind would ever fall for this.
It's crap like this that drives the taxpayers out of the state. :lol:
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Sauce

Quote from: Solar on January 22, 2018, 10:09:50 AM
I saw this and cracked up at the lunacy of these leftists. No one in their Right mind would ever fall for this.
It's crap like this that drives the taxpayers out of the state. :lol:

True....yet half of them are Libs and like locust will vote Dems into office in the red states they move to and wonder why their taxes go back up

supsalemgr

Quote from: walkstall on January 22, 2018, 09:40:54 AM
Solar your going to love this.  The tax increase is by the state not by the businesses. 

California Democrats want businesses to give half their tax-cut savings to state.


snip~
SACRAMENTO — California lawmakers are targeting the expected windfall that companies in the state would see under the federal tax overhaul with a bill that would require businesses to turn over half to the state.

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.


more @
http://www.sfgate.com/bayarea/article/California-democrats-want-businesses-to-give-half-12508742.php

As Solar states how crazy can the guys be? Bye, bye more CA businesses.
"If you can't run with the big dawgs, stay on the porch!"

Solar

Quote from: Sauce on January 22, 2018, 10:30:49 AM
True....yet half of them are Libs and like locust will vote Dems into office in the red states they move to and wonder why their taxes go back up
That's exactly how they destroyed Ca, these scum originally came from the Esat coast, we never recovered.
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#WWG1WGA

Q PATRIOT!!!

Hoofer

Quote from: walkstall on January 22, 2018, 09:40:54 AM
Solar your going to love this.  The tax increase is by the state not by the businesses. 

California Democrats want businesses to give half their tax-cut savings to state.


snip~
SACRAMENTO — California lawmakers are targeting the expected windfall that companies in the state would see under the federal tax overhaul with a bill that would require businesses to turn over half to the state.

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.


more @
http://www.sfgate.com/bayarea/article/California-democrats-want-businesses-to-give-half-12508742.php

They could get a Two-fer... hire the low-income to pack the businesses' moving vans.
All animals are created equal; Some just take longer to cook.   Survival is keeping an eye on those around you...

Billy's bayonet

Evil operates best when under a disguise

WHEN A CRIME GOES UNPUNISHED THE WORLD IS UNBALANCED

WHEN A WRONG IS UNAVENGED THE HEAVENS LOOK DOWN ON US IN SHAME

IMPEACH BIDEN

walkstall

A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Hoofer

All animals are created equal; Some just take longer to cook.   Survival is keeping an eye on those around you...

Cryptic Bert

Perhaps California's fiscal situation is really bad and they are panicking and are looking for fast cash.

walkstall

Quote from: The Boo Man... on January 22, 2018, 05:28:23 PM
Perhaps California's fiscal situation is really bad and they are panicking and are looking for fast cash.

Their always looking for fast cash that can not be accounted for.
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Hoofer

Quote from: walkstall on January 22, 2018, 06:11:53 PM
Their always looking for fast cash that can not be accounted for.
True, they'd rather get taxes from 10% of the weed grown while the other 90% home-grown destroys the minds of their snowflake kids.
All animals are created equal; Some just take longer to cook.   Survival is keeping an eye on those around you...