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Author Topic: Calif. Dems Propose Amendment to Seize Half of Businesses’ Tax Reform Savings  (Read 1443 times)

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rangerrebew

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Calif. Dems Propose Amendment to Seize Half of Businesses’ Tax Reform Savings
« on: January 21, 2018, 05:19:42 am »
Calif. Dems Propose Amendment to Seize Half of Businesses’ Tax Reform Savings

Democrats in California have proposed an amendment to take half of the tax savings businesses in their state get from the recently-passed federal tax cuts.

California would seize the savings via a proposed "tax surcharge" on any tax reform benefits, The San Francisco Chronicle [1] reports:
 
Source URL: https://www.cnsnews.com/blog/craig-bannister/calif-dems-proposed-amendment-seize-half-businesses-tax-reform-savings
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Offline driftdiver

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Re: Calif. Dems Propose Amendment to Seize Half of Businesses’ Tax Reform Savings
« Reply #1 on: January 21, 2018, 05:52:42 am »
I'm surprised there are any companies left in the state
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