Now, however, a group of unions and other liberal organizations want to further add to the cost of doing business in the once-golden state by raising an estimated $9 billion for the state’s treasury by increasing property taxes on commercial properties.
Public employee unions are leading a charge to take on what has long been considered a “third rail” of California politics: Proposition 13. The Make It Fair coalition, led by public unions such as the Service Employees International Union, California Teachers Association and California Federation of Teachers, proposes increasing property taxes for commercial properties.
Make It Fair estimates that this change would result in an additional $9 billion a year in state revenue that would be available to dole out to public employees. It should be self-evident that this has little to do with fairness and everything to do with grabbing more money for public unions.
This greed apparently is insatiable, even at a time when the state budget has increased 25 percent in the past three years and is running an estimated $4 billion budget surplus, largely as a result of the Proposition 30 tax increases adopted in 2012 that could cost taxpayers as much as $50 billion over seven years.
Listed as #49 (out of 50) on the index of freedom in the states, California policies continue to push companies (and jobs) out of state.
It is hard to imagine how increasing property taxes on businesses will not help further aid in Cailfornia’s exodus.
Yes! California should raise taxes on ALL businesses, especially FARMS. If they can drive these capitalists out of business, there will be more water for all the masses of welfare folks.