'Insane'! Guess what Calif. Dems want to do with businesses tax cut savings

Doug P. | 12:36 PM on January 20, 2018

One effect of the GOP tax bill has left liberal politicians in states with very high taxes in a panic. One proposed “solution” in California is nothing short of hilarious:

This is insane. –>> California Democrats want businesses to give half their tax-cut savings to state.
cc: @irishspy https://t.co/5OdIsAhKsD

— Sister Delecto Toldjah ? (@sistertoldjah) January 20, 2018

Basically it sounds like state Dems want to tax the money companies keep due to tax cuts:

California lawmakers are targeting the expected windfall that companies in the state would see under the federal tax overhaul with a bill that would require businesses to turn over half to the state.

A proposed Assembly Constitutional Amendment by Assemblymen Kevin McCarty, D-Sacramento, and Phil Ting, D-San Francisco, would create a tax surcharge on California companies making more than $1 million so that half of their federal tax cut would instead go to programs that benefit low-income and middle-class families.

The Dems never stop trying to convince Americans that all their money belongs to the government!

https://twitter.com/NoRunnyEggs/status/954705108805308417

Democrats in CA trying to take Federal tax cut savings is only insane until you realize Democrats believe all the money you earn belongs to the government. Individuals & companies only get to keep the wages the state decides to let them keep.

— Common Sense (@Paine_1776) January 20, 2018

You're so unfair!

They're letting them keep half!

Make no mistake about it. @NCDemParty would be doing the same thing in #ncpol if they controlled the legislature. The Socialist mindset is pervasive in the modern Dem Party – never can get enough of the citizens' money to spend. https://t.co/fe6MTU8CeE

— Jim Blaine (@JimBlaine) January 20, 2018