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Bill Leonard: California Tax System is Confiscatory

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  • Bill Leonard: California Tax System is Confiscatory

    California is broke, but why? "Leonard said the tax system here is built largely on the backs of multi-millionaires. Roughly 247,000 multi-millionaires are paying 75 percent of the income tax, he said. The problem is that those taxpayers are fleeing the state, he said.

    Meanwhile, the government through its tax policies continues to harass legitimate businesses and families, even as tax evaders walk free for years, he said."

    Looks like the politics of greed, the politics of the SEIU and ACORN, does not work. You can steal all the money from the multi-millionaires and all you get is a bunch of empty large homes.

    Bill Leonard is a true friend of the taxpayer--he tells the truth, but are we willing to listen?

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