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Left Lies Again and Caught: California Business Property Not Under-taxed

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  • Left Lies Again and Caught: California Business Property Not Under-taxed

    The Left loves taxes and will omit facts to make their point.

    "The mischievous Lenny Goldberg wants you to believe that it is unfair that a small “mom and pop” gas station owner has to pay roughly $30,000 per year in property taxes and a big oil company gas station down the street only pays half of that. And he also wants you to believe that it is also unfair that a Trader Joe’s Market pays only about $7,500 in property taxes while a Draeger’s Market pays roughly $66,500 in taxes. Since Goldberg doesn’t cite what actual properties he is referring to we don’t know if he concocted these numbers or not. For the moment, let’s assume the taxes reported by Goldberg are actual."

    In fact, California has among the nations HIGHEST taxes--paid by businesses.

    "Mr. Goldberg failed to tell you that California has the highest gasoline taxes per gallon in the U.S.

    The Tax Foundation ranks California 49th worst in total taxation out of 50 states. As shown on the table below, California offsets its relatively lower property taxes with higher gas taxes per gallon compared to other high-tax states. California’s high gasoline taxes don’t show up, however, in gas station property sales prices. Gasoline taxes come out of all drivers’ pocketbooks not only those of property owners of gas stations.

    Of the six highest taxed states in the U.S. shown above, California also has the highest sales tax rate, the second highest corporate income tax rate, and is the only state whose cities charge a utility users tax (from 5 percent to 10 percent) on water and power bills which is siphoned off into city General Funds to pay for salaries and pensions. California also has the highest capital gains tax on real estate of all 50 states."


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