{"id":77257,"date":"2018-01-20T11:35:03","date_gmt":"2018-01-20T16:35:03","guid":{"rendered":"http:\/\/valorguardians.com\/blog\/?p=77257"},"modified":"2018-01-20T11:35:03","modified_gmt":"2018-01-20T16:35:03","slug":"california-democrats-craft-bill-to-capture-tax-cut-windfall","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=77257","title":{"rendered":"California Democrats craft  bill to capture tax cut windfall"},"content":{"rendered":"<p>I guess that companies that have passed on their expected tax savings from the Trump tax cut to their employees &#8211; you know, people who actually work for them &#8211; isn&#8217;t good enough for California Democrats, according to <a href=\"http:\/\/www.sfgate.com\/bayarea\/article\/California-democrats-want-businesses-to-give-half-12508742.php\">SFGate<\/a>;<\/p>\n<blockquote><p>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.<\/p>\n<p>\u201cTrump\u2019s tax reform plan was nothing more than a middle-class tax increase,\u201d Ting said in a statement. \u201cIt is unconscionable to force working families to pay the price for tax breaks and loopholes benefiting corporations and wealthy individuals. This bill will help blunt the impact of the federal tax plan on everyday Californians by protecting funding for education, affordable health care, and other core priorities.\u201d<\/p><\/blockquote>\n<p>California lawmakers are suddenly concerned about California taxpayers? Funny, I don&#8217;t see them cutting spending to give taxpayers a break. <\/p>\n<p>Someone should tell them that their tax hikes don&#8217;t happen in a vacuum &#8211; businesses can leave the State, businesses ARE leaving the State &#8211; then who will they tax? Luckily, the Democrats don&#8217;t control enough of the legislature to get this bill through, but, this is an election year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I guess that companies that have passed on their expected tax savings from the Trump tax &hellip; <a title=\"California Democrats craft  bill to capture tax cut windfall\" class=\"hm-read-more\" href=\"https:\/\/www.azuse.cloud\/?p=77257\"><span class=\"screen-reader-text\">California Democrats craft  bill to capture tax cut windfall<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142],"tags":[],"class_list":["post-77257","post","type-post","status-publish","format-standard","hentry","category-taxes"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/77257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77257"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/77257\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}