California taxpayers aren’t thankful for much, but there is hope in Republican tax reform

By Jon Coupal | In this season of Thanksgiving, please don’t blame battered taxpayers if they pause when asked for what are they grateful. Considering the punishment being dished out to working Californians and the middle class by the Legislature and the governor, it may take them a moment to refocus on the good.

A weekly column by Jon CoupalSacramento has approved billions of dollars in new taxes that will fall hardest on average taxpayers. The new $5.2 billion gas and car taxes will cost the typical family about $600 per year — and fuel costs will increase by billions more in coming years due to the passage of a “hidden” carbon tax. New taxes on the filing of documents could add hundreds of dollars to the cost of property transactions, including the refinancing of a home. But this is just a start.

In a state that is already a leader in income tax rates, sales taxes and gas taxes — even property taxes are higher than in many other states — the Legislature has proposed, over the last year, $373 billion in new taxes. That’s right, lawmakers are promoting tax increases that would amount to almost three times the current state budget.

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One Response to California taxpayers aren’t thankful for much, but there is hope in Republican tax reform

  1. Conrad DeWitte says:

    I consider Jon Coupal a very important voice in CA on government — particularly tax issues. This article regarding the “Republican” congress’ tax legislation is stunningly disappointing to me.

    President Trump’s key tax issue is reduction of corporate tax rate from 35% (highest in the WORLD) to 15% (which was compromise-increased to 20%, ridiculously). That corporate income tax percentage cut was to keep American corporations IN America; secondarily, the corporate profits repatriation tax was to be reduced/set at 5% (it should be set at ZERO or else only an idiot would pay it). The rest of this “Republican” tax legislation is just an ANTI-FAMILY bag of tax increase tricks.

    I am extremely angry about all of the RINO defaults. Obamacare has more tax INCREASES built (hidden) in it than the stupid “new” RINO legislation “might” relieve. We need to: “Repeal Obamacare — Replace Congress” (that’s my campaign lawn sign this year). There is a LOT to say (i.e., specifics) about this RINO tax fraud, NONE of it is what anyone who voted Republican in any of the last thirty years wanted. My own naiveté just astonishes me.