A rare backroom deal in Sacramento that helps taxpayers
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A rare backroom deal in Sacramento that helps taxpayers
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The billionaire tax is on the ballot. There will be no backroom deal to keep it off.
The fact that the SEIU’s Dave Regan even tried to use the billionaire tax as negotiating leverage to force other changes shows how cynical the union bosses have become.
They treat the rest of us as pawns.
Gavin Newsom did nothing to stop the billionaire tax, or even to oppose it. Sure, he claimed he was against it. What he really opposed was all the billionaires fleeing to other states.
On Friday, he proposed a nationwide billionaire tax, so California’s rich would have nowhere else to go.
Does he think billionaires haven’t figured out how to move their wealth to other countries?
One backroom deal that did, in fact, take place was an agreement to require a two-thirds majority for all new real estate transfer taxes at the local level, not just a simple majority.
That’s the result of an agreement by the Howard Jarvis Taxpayers Association (HJTA) with Democrats in Sacramento.
HJTA, which exists to protect the cap........
