The California money grab continues

By CMTA Staff

Capitol Update, Aug. 27, 2008 Share this on FacebookTweet thisEmail this to a friend

It seems there is no shortage of the Legislature’s attempts to overwhelm California’s already struggling taxpayers. Assemblymember Charles Calderon (D-Whittier) has introduced legislation in the concurrently running fiscal emergency special session, (AB3x 25), which would double penalties on all taxes and fees administered by the Franchise Tax Board and the Board of Equalization.  

Doubling all taxpayer penalties is an excessive and unfair method of raising state revenues. This bill’s approach to raising revenue would act as a hammer on unsuspecting taxpayers who may otherwise be compliant with the exception of the action or inaction to which the penalty is applied.  The Legislature should ensure that its laws are administered equitably and that penalties are proportionate to the relevant infraction. This bill fails that principle miserably.  

The imposition of excessive tax penalties sends the message to business taxpayers that California is out of touch with the realities of business and private taxpayers alike who are struggling for survival in a difficult economy.  These extreme penalties add insult to injury at a time when taxpayers can least afford it.

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