Posted by John Kabateck at 6:44 am on Mar 06, 2014 Comments Off on Join the Fight to Keep Jobs in California and Keep Sacramento Out of Your Wallet
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Publisher’s Note: As part of an ongoing effort to bring
original, thoughtful commentary to you here at the FlashReport, I
am pleased to present this column from John Kabateck, Executive
Director of the California NFIB – Flash]
California has some of the highest taxes. I’m sure you already
feel it every time you open your wallet, every time you fill up
your gas tank and when you see what’s left of your paycheck after
government takes its share.
Once again, there’s a renewed effort at the Capitol to increase
your taxes through an oil severance tax. Senate Bill 1017, by Sen.
Noreen Evans, would add a 9.5% tax to every barrel of oil extracted
in-state, effectively tripling our oil taxes and further cementing
California’s status as the most taxed state. All of the oil drilled
in California is used here, so any cost increase will only hurt
consumers everywhere, particularly small businesses. A severance
tax will also hurt production and jobs in California as small
companies simply will not be able to compete in the
marketplace.
Recently, business groups that include NFIB, taxpayers, and
consumers have joined together to form a… Read More