The California Taxpayers Association has released their
Tax & Fee Report 2019
, an overview of the major taxes and fees introduced by the California Legislature.
According to the report, from the start of the 2019 legislative session through August 12, California lawmakers have introduced 72 proposals that, if passed, would cost taxpayers more than $20.4 billion annually in higher taxes and fees. The proposals cumulatively represent 14 percent of general fund revenue at a time when California has a record-high budget, robust reserves, and an operating budget surplus. This number is preliminary and may even increase as bills are amended in the final weeks of the legislative session, which ends on September 13.
In June, Governor Newsom signed a record $214.8 budget for fiscal year 2019-20 — a $13.4 billion increase over the enacted 2018-19 budget. In May, the Legislative Analyst’s Office reported that the state has an operating surplus of roughly $22 billion.
Instead of increasing taxes, we should be looking for ways to ease the burden on families and business owners who see too much of their money go to Sacramento with too little result. I appreciate the California Taxpayers Association for working so hard to protect taxpayers from unnecessary taxes and for always promoting government efficiency.