Comments on: CA GOP opportunity: Cut the state income tax 1 percentage point

By: Hondo

Hondo — Mon, 20 May 2013 16:49:09 +0000

Unless you deal with tort reform and regulations, the tax increase will be ignored by most business thinking moving to California or expanding in California. The regulators in Kali are like the IRS, consumed with their power. The regulations become moving targets, changing depending on who is applying. The tax increase would be nice, but not effective in dealing with a poor business climate unless the whole package is addressed.
Hondo….

By: Ulysses Uhaul

Ulysses Uhaul — Mon, 20 May 2013 14:56:16 +0000

Tax Target…..glad to see your moving…..we have weekly specials….ring us up!

By: Bob

Bob — Mon, 20 May 2013 05:50:50 +0000

The GOP in this state can’t even tie its shoes so I have no idea how it will manage to cut taxes.

Face it, as the GOP heads into oblivion in this state it is more interested in going along to get along with the DemoNcrats.

And besides, they might be able to use some of the money looted to feather their own nests by “investing” in their crony special interest pals.

By: CalWatchdog

CalWatchdog — Sun, 19 May 2013 21:40:27 +0000

S Moderation Douglas: Naturally, income tax rates vary depending on deductions, etc. Some people are less oppressed by the tax autocracy than others.

But even in your example, the family would pay $200 less.

— John Seiler

By: S Moderation Douglas

S Moderation Douglas — Sun, 19 May 2013 18:17:23 +0000

“So if your family income is, say, $80,000 — barely into the middle class in exorbitantly expensive California — your overall tax rate is something like 6 percent. So, cutting that down to 5 percent would mean a savings of about $800 a year.”
…………………………..
I know a family very well (I did their taxes)who have an income slightly larger than $80,000. They paid just over $2,000 last year in state income tax. I seriously doubt that a one percent cut would reduce their taxes by $800.

Minor details like marginal rates, exemptions, and deductions might have slipped by your math filter.

By: S Moderation Douglas

S Moderation Douglas — Sun, 19 May 2013 18:10:44 +0000

“Just reform the $100 K pensions that are bankrupting the state and the money easily is there.”

The cost of $100,000 pensions is a drop in the proverbial bucket.
You’re wasting your time with that one.

By: S Moderation Douglas

S Moderation Douglas — Sun, 19 May 2013 17:34:54 +0000

LOL

By: S Moderation Douglas

S Moderation Douglas — Sun, 19 May 2013 17:34:36 +0000

“Democrats will wail that it will take money from the poor, the schools, the handicapped.”

Screw the Democrats. Tell them that if you reduce the tax rate, you will INCREASE tax revenue. It works very time.

By: Tax Target

Tax Target — Sun, 19 May 2013 16:04:20 +0000

Yup I’m cutting my state taxes….. to zero! I’m moving to Nevada. Join me!

By: al

al — Sun, 19 May 2013 15:40:40 +0000

Slogan: Demon-rats- party of the I.R.S..