After Strike, Los Angeles Teachers Union Aim at Killing Prop. 13

.

By Stephen Frank,  California Political News and Views

The 2020 election will decide if California corporations, the major one’s, will stay in California.  It will decide if they can afford to stay in a Socialists paradise.  Taxes on water, higher income taxes—probably almost a dollar extra in gas taxes (79 cents is ALREADY planned as an increase by January 1, 2020.

No, the election for the corporations have nothing to do with Sacramento or the Legislature.  The Socialist Democrats/Unions have qualified a ballot measure to split the roll on property taxes, currently covered by Prop. 13.   This will increase the taxes on industrial and commercial property.  The moment this passes the value of such properties will tank, business will be forced to close and/or move.  It will be an economic disaster for California families—the value of homes will go down and a glut of homes go on their market, of people that are leaving the State to follow their companies.

We already know that leading donors to the California Republican Party have given notice that they will be giving little or nothing in 2020.  Since the GOP in Sacramento has almost no relevance—and as more GOP Assembly members talk with the Democrats to get out of the GOP—to save their seats—the corporate donations will be needed to save their companies.

“The initiative could raise $6 billion to $10 billion annually if passed by voters, a state analysis concluded.

That money will come out of business, jobs and families.  That is why major GOP donors will instead redirect their money to fight the tax increase, instead of electing a couple of members of the Legislature on the GOP side.  Watch as the same companies—like Chevron did in 2018, redirect political money to the Democrat Party and Democrat candidates—against the Republicans.

Related article: After Strike, Los Angeles Teachers Aim at California Tax Reform


Stephen Frank: Is the the publisher and editor of the California Political News and Views.  Mr. Frank speaks all over California and appears as a guest on several radio shows each week. He has also served as a guest host on radio talk shows and is a full time political consultant. http://capoliticalnews.com/

 

 


Get Citizensjournal.us Headlines free  SUBSCRIPTION. Keep us publishing – DONATE

One Response to After Strike, Los Angeles Teachers Union Aim at Killing Prop. 13

  1. William Hicks February 2, 2019 at 3:40 am

    I’ve been saying that States like Idaho are becoming more attractive.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *