Commiefornia Now Wants a 15% Tax on Income
As most people know, the people in the state of California experience the highest personal income tax rates in the entire country.
Theres a gas tax, extremely high income tax, bottle tax, and the list goes on.
In 2019, California raised gas taxes by 40% and had the second-highest gas taxes in the United States.
Now, at arguably the worst possible time, leftist California lawmakers have decided that the people need to be taxed higher.
As a result of years-long leftest implemented high taxes, leftist regulations, and now the COVID-19 crisis, California faces very high unemployment and permanently shut down businesses. California should be working to create jobs and ease tax burdens for the state’s residents and businesses.
The push to increase taxes yet again in the leftist state is a stunning yet unsurprising move and the model resembles socialism.
In 2012, after the “millionaire’s tax” was raised to 13.3%, thousands of taxpayers fled the state and the ones that were left behind reported much lower incomes.
Now they are talking about a 15% on income tax and they should know that many, many more people will be fleeing and leaving the leftovers in the state to deal with the problem.
California is going downhill, and fast.