HEARTLESS! California Dems want to STEAL the Tax Refunds that Pres. Trump's Tax Plan Gave them... CLAIM they Want to Redistribute it to Poor.

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Posted by moku 7 months ago in News
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California lawmakers are targeting the expected windfall that companies in the state would see under the federal tax overhaul with a bill that would require businesses to turn over half to the state.

A proposed Assembly Constitutional Amendment by Assemblymen Kevin McCarty, D-Sacramento, and Phil Ting, D-San Francisco, would create a tax surcharge on California companies making more than $1 million so that half of their federal tax cut would instead go to programs that benefit low-income and middle-class families.

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