KNEE JERK TAX HIKES
For the second time in as many weeks Californians got the news that Sacramento politicians are proposing yet another big tax hike. The truth is that new taxes would never be required were it not for Sacramento’s mismanagement of existing tax dollars.
Last week, it was the proposal to deal with the very real problem of “revenue volatility” in California’s tax structure with the very unreal “solution” of a $10 billion tax on services.
But the latest proposal comes from new Senate leader Toni Atkins who proposes a brand new tax on drivers to pay for highway and road repairs in California. This new “fee” would take $1.8 billion dollars out of the pockets of hard working California citizens over the next five years.
To read the entire column please click here http://www.hjta.org/california-commentary/knee-jerk-tax-hikes/… Read More