Senate Republicans: Raising state taxes on corporations could chase businesses out of California

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Senate Republicans: Raising state taxes on corporations could chase businesses out of California
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Guest commentary: At a time when other states are offering tax incentives to entice businesses to relocate to their state, the Senate Democrats’ proposal ostensibly shows them the door. 📝: RogerNiello

Timely forest management to reduce our wildfire risk could be financed by use of “” funds. Utilizing this revenue stream to reduce greenhouse gas emissions from wildfires is consistent with the environmental goals of the cap and trade program.

California needs adequate water infrastructure that takes the necessary steps to prepare for future water demands. Unfortunately, the lack of progress in the last decade has left the state ill-prepared to manage the historic precipitation, imminent flooding and water needs of the state. We do not yet have a clear picture of the state’s full revenue for this coming budget year due to the delayed income tax filing deadline for many Californians. In addition, the growing deficit and economic uncertainty should serve as strong cues for the need to curtail spending.

Senate Democrats’ “Protect Our Progress” budget plan is not a sustainable strategy, and may very well set us back in the future.raising state taxes on the 2,500 biggest corporations, slashing rates for smaller businesses and providing fiscal relief for renters and low-income families.Senate Democrats: Mega corporations that conduct business in California should pay their fair share

As Republicans stymie President Joe Biden’s budget proposal to reverse Trump-era tax cuts and increase the corporate tax rate, Senate Democrats in California want to follow through at the state level to help close the budget deficit and keep various spending programs intact. They also proposed a 25% cut for smaller businesses and additional relief…

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