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Slimy Gavin Newscum reneges on promise not to raise taxes to cover his state’s multi-billion dollar deficit
American Thinker ^ | 05/20/2024 | Olivia Murray

Posted on 05/20/2024 8:44:22 PM PDT by SeekAndFind

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The proposal would, for the next three years, bar businesses earning $1 million or more from deducting operating losses from their taxes while also limiting business tax credits. The provisions are projected to cost California businesses about $18 billion through 2027, although they wouldn’t take effect if tax collections beat expectations. Such a scenario appears unlikely, however, given that California’s tax revenues are massively down thanks to a stagnating economy and exodus of both high-earning residents and businesses.

1 posted on 05/20/2024 8:44:22 PM PDT by SeekAndFind
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To: SeekAndFind

Just one more tax hike and California will finally reach utopia!


2 posted on 05/20/2024 8:52:59 PM PDT by packagingguy
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To: SeekAndFind
Newscum inherited a $100 billion budget surplus from Governor Moonbeam in 2019. He blew through that, went $70 billion in the hole, and now will raise taxes. It's good to see Californians get exactly what they voted for.

3 posted on 05/20/2024 8:58:24 PM PDT by Right_Wing_Madman
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To: Right_Wing_Madman

RE: It’s good to see Californians get exactly what they voted for.

MORE THAN ONCE IN FACT. They had the chance to recall Newsom 3 years ago. HE SURVIVED. You deserve what vyou vote for ( except those who DID NOT vote for him. they suffer as well ).


4 posted on 05/20/2024 9:01:56 PM PDT by SeekAndFind
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To: SeekAndFind; Right_Wing_Madman

“California voted for Newsom”

HAHAHAHAHA

I bet you two believe that Biden won the 2020 election, huh? Are you also gonna claim that Hobbs won Arizona also?


5 posted on 05/20/2024 9:21:51 PM PDT by pigeoninthepark
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To: pigeoninthepark
I bet you two believe that Biden won the 2020 election, huh? Are you also gonna claim that Hobbs won Arizona also?

I lived in California for two years. The voters are more left-wing crazy than the politicians.

6 posted on 05/20/2024 9:24:43 PM PDT by Right_Wing_Madman
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To: pigeoninthepark

So, you’re claiming Newson stole the elections too? THREE TIMES?

You have good evidence for that?


7 posted on 05/20/2024 9:25:10 PM PDT by SeekAndFind
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To: SeekAndFind

Took me a while to realize headline said Newscum. Oh, my, for once, I’m ahead of the times.


8 posted on 05/20/2024 9:35:38 PM PDT by NetAddicted (MAGA2024)
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To: SeekAndFind

Republicans/Conservatives/Non-insane people are numerous in California. They’re trapped behind enemy lines.

We will probably have to take them in as refugees some day.

But the Democrats/lunatics/illegals/Moaists/Communists can out-vote them.

Yes Gavin won. The bell tolls for California.


9 posted on 05/20/2024 9:51:25 PM PDT by packagingguy
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To: SeekAndFind

As Democrats like to say, “his position evolved” over time on the position of not raising taxes.

A Democrat promising not to raise taxes needs to include a time frame as it is something they are not serious about.


10 posted on 05/21/2024 12:22:25 AM PDT by Robert357
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To: pigeoninthepark; SeekAndFind; Right_Wing_Madman
I bet you two believe that Biden won the 2020 election, huh?

Do you doubt the Democratic nominee won in 2020? The winning margin for Biden was over 30% and more than a four million vote margin.

100% of California's statewide elected executive officers are Democrats. In 2016, Kamala Harris won a senate race by 23 points. That was against another Democrat. No Republican was in the race after the primaries in which the highest Republican finisher in the primary won only 7.8 percent of the vote.

11 posted on 05/21/2024 12:52:56 AM PDT by woodpusher
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To: SeekAndFind

I am not sure pigs ,would even eat this slim ball.


12 posted on 05/21/2024 1:22:01 AM PDT by spincaster (t)
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To: NetAddicted

Gavin newscum, I like it meet the new scum same as the old scum!


13 posted on 05/21/2024 3:44:16 AM PDT by ronnie raygun
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To: SeekAndFind

Gray Davis, Part 2


14 posted on 05/21/2024 3:50:28 AM PDT by struggle
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To: SeekAndFind

You all stoopids in California had the ability to throw this mookabooker away but failed in his recall.
You get what you deserve


15 posted on 05/21/2024 4:10:16 AM PDT by Joe Boucher (Kimber .45 Be Kind.)
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To: Joe Boucher

Kookifornians also voted in gas tax hikes in 2018. The golden goose has flown long ago.


16 posted on 05/21/2024 4:53:51 AM PDT by tflabo (Truth or tyranny)
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To: packagingguy

By raising the minimum wage, Newsome raised real taxes on income


17 posted on 05/21/2024 5:01:37 AM PDT by bert ( (KE. NP. +12) Hamascide is required in totality)
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To: SeekAndFind
businesses earning $1 million or more from deducting operating losses

Does that mean gross revenues of $1 million or more? I'm trying to figure out how a business can have positive earnings and operating losses at the same time.

18 posted on 05/21/2024 5:07:27 AM PDT by Bernard (“God's cruelest punishment is to let you reap what you sow.”)
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To: SeekAndFind

He for sure still the recall. I signed it and I believe Newsom cheated to get most signatures thrown out. He is scum.


19 posted on 05/21/2024 6:56:51 AM PDT by dinodino ( Cut it down anyway. )
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To: SeekAndFind
...the governor repeatedly pledged he would not raise taxes to solve the budget crisis...

So?

The truth is, HE can't.

It's the REST of the fools that got voted into office that can!

20 posted on 05/21/2024 8:19:34 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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