California has a doc $21.5 billion surplus.
That’s the good news. The unhealthy data is that we now have all that money since you’re being overtaxed.
Earlier this month, Gov. Gavin Newsom launched his revised funds proposal, crucial in California historic previous.
At a staggering $214 billion , the funds is larger than that of most nations and every totally different state.
The funds moreover accommodates a new $140 million tax on water purchasers to help all Californians have entry to scrub water.
Clean water is crucial, and there are a million of us inside the Central Valley with out entry to it. But do we wish a new tax to pay for it? Maybe we don’t.
Just closing week, a state Senate funds subcommittee eradicated Gov. Newsom’s recommendation for a water tax and adjusted it with a $150 million regular appropriation from the General Fund.
This ensures reliable funding for years to return with out rising taxes. Obviously, we are going to most likely be watching rigorously to ensure that these are inside the state funds anticipated to be signed into regulation subsequent month.
A General Fund decision is sensible, significantly considering that the state surplus is 1,529 events what’s required to cowl the costs to ensure all people has entry to scrub water. But even when this proposal doesn’t make the last word funds, there are totally different numerous sources of revenue.
Over the ultimate 4 years, voters have accepted two separate statewide water bonds, each of which designate a entire bunch of hundreds and hundreds of significantly for clear water initiatives.
Why can’t the governor direct a few of that money to scrub water?
Why wasn’t that achieved already by earlier administrations?
Why is it that, at any time when the state misallocates our tax money, the taxpayers get hit as soon as extra?
The tax would possibly worth some Californians an additional $10 a month, at a time when households statewide are struggling to pay record-high gasoline prices and totally different costs for objects merely to survive.
Californians are drowning in taxes and extreme costs.
It’s no shock many are taking a have a look at shifting to additional cheap states akin to Texas and Arizona.
A Quinnipiac University Poll from February 16 found 43 % of California’s voters felt they couldn’t afford to dwell inside the Golden State. Among voters 18 to 34 years outdated, 61 % acknowledged they couldn’t afford to dwell proper right here.
The good California exodus to totally different states is already underway and loads of specialists are predicting the Golden State will lose one congressional seat after the 2020 U.S. Census.
This means lower illustration for our state in Congress and fewer federal to help pay for infrastructure initiatives, education and public safety.
Additionally, if we lose youthful generations to totally different states on account of extreme costs, there’ll most likely be a “brain drain” that will affect every sector of enterprise in California.
We can, however, start altering course right now by saying “no” to new taxes similar to the water tax, and instead work collectively to make the Golden State additional cheap for all Californians.
If you are fed up with extreme taxes, we implore you to take a stand and name your state legislators and Gov. Newsom to permit them to know that enough is enough.
Say “No” to the new water tax and say “Yes” to using the General Fund to ensure that all Californians have entry to scrub water.