Posted by Jon Coupal at 8:32 am on Nov 21, 2016 Comments Off on CAN CALIFORNIA’S TAXPAYERS BE THANKFUL FOR 2016
If taxpayers focus on the results of the recent election, there
may not seem to be much to celebrate. While the rest of America
took a big step toward fiscal sanity, the same cannot be said of
California. At the state level, all 3 taxes, one on marijuana
users, one on smokers and another on higher income taxpayers,
passed. Fueled by massive special interest campaign spending, tax
hike proponents convinced voters that they were simply raising
taxes on “other people” which made them more palatable.
The bright spot among the 17 statewide measures was the approval
of Proposition 54, which will provide much needed transparency over
the California Legislature. For years taxpayers have wanted
legislative bills to be available for public review prior to being
voted on. Prop 54 makes that happen.
At the local level, it looks like 80 percent of the local taxes
and bonds were approved. The good news is that, largely due to the
requirements of Jarvis initiatives Proposition 13 and Proposition
218, the Right to Vote on Taxes Act, these measures were decided by
voters rather than being imposed by out of touch public
officials.
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