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Over the past few months California has become an enemy of businesses, threatening to prosecute those who cooperate with the Federal government if they comply with an inspection, and now a member of the State Assembly is wanting to take half of all tax benefits under the new federal tax laws from businesses. The state has so many very dangerous liberal members in the state legislature that you have to ask the question - why the hell would a business stay in California?
The SFGate reported the following: California Democrats want businesses to give half their tax-cut savings to state By Melody Gutierrez Updated 5:12 am, Sunday, January 21, 2018
SACRAMENTO — California lawmakers are targeting the expected windfall that companies in the state would see under the federal tax overhaul with a bill that would require businesses to turn over half to the state.
A proposed Assembly Constitutional Amendment by Assemblymen Kevin McCarty, D-Sacramento, and Phil Ting, D-San Francisco, would create a tax surcharge on California companies making more than $1 million so that half of their federal tax cut would instead go to programs that benefit low-income and middle-class families.
“Trump’s tax reform plan was nothing more than a middle-class tax increase,” Ting said in a statement. “It is unconscionable to force working families to pay the price for tax breaks and loopholes benefiting corporations and wealthy individuals. This bill will help blunt the impact of the federal tax plan on everyday Californians by protecting funding for education, affordable health care, and other core priorities.”
San Francisco has some antiquated laws and ordinances on the books. Did you know about these?
As a constitutional amendment, the bill would require approval from two-thirds of the Legislature to pass, a difficult hurdle now that Democrats have lost their super-majority. If passed and signed by Gov. Jerry Brown, it would then go to voters for final approval.
Democrats lost their supermajority following resignations of two Assembly Democrats, Matt Dababneh of Encino (Los Angeles County), and Raul Bocanegra of San Fernando Valley (Los Angeles County) amid sexual misconduct allegations. Another Assembly Democrat, Sebastian Ridley-Thomas of Los Angeles, resigned citing health issues. In the Senate, Democrat Tony Mendoza of Artesia (Los Angeles County) is taking a leave of absence pending an investigation into sexual misconduct allegations.
California Democrats have been exploring ways to help those in the state who could end up paying higher federal taxes next year under the Republican tax overhaul.
The GOP overhaul caps state income taxes and local property tax write-offs on the federal income tax return at $10,000, a move expected to hurt high-local-tax states such as California, where the average state and local tax write-off in 2016 was $22,000.
State Senate President Pro Tem Kevin de León introduced legislation this month that would allow Californians to get around the state and local tax cap with a voluntary donation to a charitable fund created by the state of any amount of owed taxes above $10,000. That donation — in lieu of taxes — would allow donors to write off the gifts on their federal tax returns.
Now as you read this article you can tell that liberal state politicians want to punish businesses in California for having a benefit come their way from the Trump's tax reform package. The problem with California is that they hate reform if it benefits businesses, they are very anti business and don't think they should benefit from anything, or even the taxpayers who get raises and bonuses. To liberal state politicians giving away tax revenue is a sin and will not be tolerated. So again, we have to ask - why would any business stay in the state of California if they are going to be attack almost everyday by liberal politicians?
The other issue that hit California businesses this week is that the California State Attorney General bluntly warned businesses that if they comply with ICE coming into our businesses to review our employment documents - I-9's and other backup documents, that he will prosecute the business as a crime. So if we don't comply with the feds we can be prosecuted under federal law as a crime, if we do comply with the Feds we can be prosecuted by the State Attorney General. This step by the State AG is totally worthless, as a business we have to keep employment records for the Feds to review at any time. We can't be forced to follow two sets of rules of two different governments. So which rule of law to we follow and which one is unconstitutional - which California is. The State AG as set businesses up and it is unfair. So again I ask, why in the world would anyone stay in California.
To read my blog and full story on this issues CLICK HERE.
California has become more and more anti business, and with these new attacks it seems like there will be more coming with this current set of liberal legislators in Sacraments and in San Francisco, Los Angeles and Oakland. If Californians do not take back their state and vote out these business haters the state will crumble and fall. We are very close to that now. And if the Department of Justice does not come into the state and sweep out these liberal law breakers the state will not just crumble but it will fall. Business is the glue that keeps the state and cities together, they provides jobs and tax revenue. But, California has decided to attack business and force them out of California. Now, how foolish is that? Governor candidate Gavin Newsom leads the fight against business and only fights Trump on everything, with Governor brown and many liberal state legislators. They have to be stopped.
California has fools in Sacramento and the big cities that are not thinking about helping Californians, but instead they want to push social issues that hams California. This has to stop and the only ones that can stop the fools are Californians.