Proof Californian’s Taxes are Too High: Budget Surplus Exceeds $75 Billion!

San Juan Capistrano (May 13, 2021).  California residents and businesses continue their mass exodus out of California seeking lower taxes and reduced regulations – and as a result, Governor Newsom is facing a recall election to remove him from office.  Now, there is absolute proof California taxes are far too high -- Governor Newsom announced Monday a projected $75.7 billion surplus (an amount that surpasses most states' annual spending)!   

So, are the Democrats and the Governor proposing to reduce taxes on California residents and businesses?

No – in fact, the Democrats are proposing $234 Billion in additional tax increases!

This is wrong – and will only cause more residents and businesses to flee the once Golden State.

“The existing tax burden on California residents and businesses is far too heavy.” said Assemblywoman Laurie Davies, who represents the 73rd Assembly District.  “The Governor needs to immediately return a large portion of this $75 billion surplus to the weary taxpayers who have been over-taxed for years – and then cut their taxes for the future.”

Assemblywoman Laurie Davies represents the 73rd Assembly District, which includes the communities of Southern Orange County, including Aliso Viejo, Coto de Caza, Dana Point, Ladera Ranch, Laguna Hills, Laguna Niguel, Las Flores, Mission Viejo, Rancho Mission Viejo, Rancho Santa Margarita, San Clemente, San Juan Capistrano and Trabuco Canyon.

 

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