California Democrats want businesses to give half their tax-cut savings to state
http://www.sfgate.com/bayarea/article/California-democrats-want-businesses-to-give-half-12508742.php
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. ...
WOW ... businesses are flooding out of Kalifornia, now ... if these Kalifornia Kommissars get their despotic way, businesses will be SCREAMING out of the Land of Fruits & Nuts!!!
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence
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