New California business Tax

[Done-it-again]

Just gets better and better in CA.

No more net operating loses for businesses who gross $1m or more and limits business tax credits to $5 million annually for the next 3 years (for now).

What you need to know about the California budget deal

Gov. Newsom and legislative leaders announce an agreement to bridge the state budget deficit by dipping into reserves and reducing some spending. The deal also calls for a bill in August to set aside more money and a 2026 constitutional amendment to grow the state’s rainy day fund.

www.kpbs.org

 

[monkeyswrench]

I'm not a business owner, nor a Californian, but it looks like they didn't really "cut" anything but the department of corrections, and just delayed growth to some others. Then went after successful people to cover the difference needed so they can still give medical to illegals.

 

[Done-it-again]

I'm not a business owner, nor a Californian, but it looks like they didn't really "cut" anything but the department of corrections, and just delayed growth to some others. Then went after successful people to cover the difference needed so they can still give medical to illegals.

Yup, no cuts just delays and dipped in the rainy day fund. He’s hoping to have tax revenue come back in a couple of years so no cuts needed but when it doesn’t he’s gone from office and it’s the next governors issue.

He will be running for president in ‘28.

 

[Gelcoater]

He will be running for president in ‘28.

You looking to earn a Fuck off tonight?

 

[jet496]

They have collected double & triple the taxes from just a few years ago as the cost of goods, gas, property taxes, etc. have risen as such. How the fuck can we be in such a deficit? We need accountability for our money. You would think with the technology we have that would be easy, but noooo. The freaking Congo keeps better tabs on their money & voting than we do.

 

[Done-it-again]

You looking to earn a Fuck off tonight?

Nope, just telling like it is

 

[Done-it-again]

They have collected double & triple the taxes from just a few years ago as the cost of goods, gas, property taxes, etc. have risen as such. How the fuck can we be in such a deficit? We need accountability for our money. You would think with the technology we have that would be easy, but noooo. The freaking Congo keeps better tabs on their money & voting than we do.

Well, CA spent $20billion the last 5yrs on the homeless and have no tracking how the money was spent.

 

[Gelcoater]

Nope, just telling like it is

I know.
It just pisses me off, almost as much as the disappointment and the pure wonder.
Who are the people that think this is the correct direction??

 

[Sharky]

He will be running for president in ‘28.

So will this guy. . . the one on the left. Person on the right is his "wife"

Jared Polis, CO Governor. Be afraid, very afraid. He will mop the floor with newsome and is to the left of that idiot in Canada, Trudeau.

 

[oldboatsrule]

He will be running for president in ‘28.

The way other states think about California, this jackass would have no chance of winning if elections were fair.

 

[H20 Toie]

Hey the train to nowhere is expensive, notice its funding didnt get cut

 

[dnewps]

Weather tax by your overlords. They will take advantage of you until you say no. I guess it’s not bad enough yet.

 

[Done-it-again]

Weather tax by your overlords. They will take advantage of you until you say no. I guess it’s not bad enough yet.

I have my LOI for a commercial property in Texas now, I wont miss another building.

I'm sooo fucking done. I love the weather and the scenery in CA (when you can see the mountains), but its not the same anymore. I want to explore another area, and Texas has the culture we believe in. Just hope I can find my AR's that I lost in my boating accident in long beach when I move.

 

[timstoy]

They have collected double & triple the taxes from just a few years ago as the cost of goods, gas, property taxes, etc. have risen as such. How the fuck can we be in such a deficit? We need accountability for our money. You would think with the technology we have that would be easy, but noooo. The freaking Congo keeps better tabs on their money & voting than we do.

Don’t forget everything free for illegal alieans including sex changes! Democratic votes don’t come cheap!

 

[Bpracing1127]

I have my LOI for a commercial property in Texas now, I wont miss another building.

I'm sooo fucking done. I love the weather and the scenery in CA (when you can see the mountains), but it’s not the same anymore. I want to explore another area, and Texas has the culture we believe in. Just hope I can find my AR's that I lost in my boating accident in long beach when I move.

This was me not to long ago. Born and raised and love ca culture. But I couldn’t take it anymore. I was bleeding dry. Weather was the only good thing that did out weigh all the negatives so we moved to Utah