By Carl DeMaio – June 10, 2023
| Did you review the list below of costly and unfair tax hikes state politicians are looking at imposing on you? June 15 is the deadline for passage of these tax hikes, and we still need your help ASAP to fight them! Not only are we fighting to keep ALL of them out of the budget bill – but we’re leading a campaign to pass our California Taxpayer Protection Initiative in 2024 to make it substantially harder for politicians to approve any tax hikes in the future! If we win the YES vote on that initiative next year, we won’t be at the mercy of running these last-minute opposition drills to keep tax hikes from passing the legislature. Here’s a list of costly tax hikes politicians are weighing: Savings Tax creates a new tax to go after your investments and bank accounts Income/Payroll Taxes: one proposed tax hike costs $16k per household Gross Receipts Tax: businesses would be taxed on their transactions, not just their income. Exit Tax: to punish those that flee the state. Mileage Tax: 6 cents per mile you drive – or $900 per driver per year. Utility Tax: based on your income – higher rates if you “earn too much” Local sales and property tax hikes: we’ve counted over 100 of those statewide! This blizzard of tax hikes makes passage next year of our California Taxpayer Protection Initiative all the more important! Our lawyers put a “claw-back” provision in the measure to invalidate ANY and ALL of these tax hikes should our measure be approved by the voters in 2024! But we are WAY BEHIND on campaign fundraising to support this initiative – and we need to catch up ASAP to convince other coalition members to commit to help us fund the YES campaign! Can you chip in a contribution to help us catch up and be in the position we need to WIN passage of this ballot measure? Contribute Securely: YES on the California Taxpayer Protection InitiativeWe are up against the deep pockets of state and local politicians and their special interest backers. Passing the California Taxpayer Protection Initiative will be a GAME CHANGER to provide you with immediate tax savings – and shield you from the constant tax hike schemes politicians advance every year! We only get to block these tax hikes and future ones IF WE WIN THE YES VOTE next year – so please contribute whatever you can to this crucial campaign today! Best,Carl DeMaio Chairman Reform California |
