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Our budget deficit for California will be in the neighborhood of $45 billion dollars this fiscal year.
This is the opening that the Democrats needed to fulfill their promise to tax you to death.
"Coupal warned that in the upcoming year, unions will try to lower the vote threshold on parcel taxes. He explained that the parcel tax is a flat assessment and identical for all homes or businesses, so that the owner of a $300,000 home would pay the same parcel tax as the owner of a $5 million home.
Coupal also warned about the push in the state to “split rolls,” currently done in several other states. Split rolls separate industrial and commercial property from standard property tax roles, and charge the property owner a higher rate.
“California has had a unified tax roll since the mid 1800’s,” said Coupal. “Split rolls split the assessment roll in two, stripping commercial property owners of Proposition 13′s protection opening up the door for huge tax increases.”
Coupal warned that this would be the single most damaging tax policy enacted in this state, and would send a message to businesses and employers that California doesn’t want them to locate here. “The split roll would result in job losses and higher prices passed on to consumers,” said Coupal."
With Democrats in charge of Sacramento, you have two choices. Either hide your money or get a U-Hail--Utah is a great place to bring up kids and get a job.
More...
This is the opening that the Democrats needed to fulfill their promise to tax you to death.
"Coupal warned that in the upcoming year, unions will try to lower the vote threshold on parcel taxes. He explained that the parcel tax is a flat assessment and identical for all homes or businesses, so that the owner of a $300,000 home would pay the same parcel tax as the owner of a $5 million home.
Coupal also warned about the push in the state to “split rolls,” currently done in several other states. Split rolls separate industrial and commercial property from standard property tax roles, and charge the property owner a higher rate.
“California has had a unified tax roll since the mid 1800’s,” said Coupal. “Split rolls split the assessment roll in two, stripping commercial property owners of Proposition 13′s protection opening up the door for huge tax increases.”
Coupal warned that this would be the single most damaging tax policy enacted in this state, and would send a message to businesses and employers that California doesn’t want them to locate here. “The split roll would result in job losses and higher prices passed on to consumers,” said Coupal."
With Democrats in charge of Sacramento, you have two choices. Either hide your money or get a U-Hail--Utah is a great place to bring up kids and get a job.
More...