Posted on 05/20/2024 8:44:22 PM PDT by SeekAndFind
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.
Just one more tax hike and California will finally reach utopia!
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 ).
“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?
So, you’re claiming Newson stole the elections too? THREE TIMES?
You have good evidence for that?
Took me a while to realize headline said Newscum. Oh, my, for once, I’m ahead of the times.
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.
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.
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.
I am not sure pigs ,would even eat this slim ball.
Gavin newscum, I like it meet the new scum same as the old scum!
Gray Davis, Part 2
You all stoopids in California had the ability to throw this mookabooker away but failed in his recall.
You get what you deserve
Kookifornians also voted in gas tax hikes in 2018. The golden goose has flown long ago.
By raising the minimum wage, Newsome raised real taxes on income
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.
He for sure still the recall. I signed it and I believe Newsom cheated to get most signatures thrown out. He is scum.
So?
The truth is, HE can't.
It's the REST of the fools that got voted into office that can!
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