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> California's answer to everything is raise taxes. Really? It's almost the end of 2020 and California hasn't passed a single tax increase. Let's look at 2020
by wahern 6y ago
> California's answer to everything is raise taxes.
Really? It's almost the end of 2020 and California hasn't passed a single tax increase. Let's look at 2020 ballot measures:
* Requires commercial and industrial properties to be taxed based on market value and dedicates revenue? REJECTED
Source: https://ballotpedia.org/California_2020_ballot_propositions https://ballotpedia.org/California_2020_ballot_propositions
And legislation?
* AB 2088 - Wealth Tax? REJECTED
* AB 1253 - Tax rate increase on taxpayers making over $1M? REJECTED
* AB 398 - Headcount tax on businesses with 500+ employees? REJECTED
Source: https://blog.armaninollp.com/tax/2020/09/08/ca-legislative-session-concludes-for-2020-prop-15-on-ballot/ https://blog.armaninollp.com/tax/2020/09/08/ca-legislative-s...
FWIW, Democrats have held a supermajority (>= 2/3) in both the House and Senate all year long.
- dragonwriter 6y ago> It's almost the end of 2020 and California hasn't passed a single tax increase. Prop 19 involves both additional exemptions and limitations on existing exemptions from full-value assessment, but is projected on balance to be a net increase, and is definitely an increase for some taxpayers, and it passed. So, while I agree with your general point, this claim is technically overstated.
- edmundsauto 6y agoThis leaves out key context: Prop 19 is designed to rollback some of Prop 13, which has been a financial disaster for CA since the voters passed it, many decades ago. You can trace a lot of California's "let's raise taxes" issues to the lack of revenue caused by Prop 13.
- deleted 6y ago[deleted]