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False Advertising? The Governor’s ‘Millionaire’ Tax’
cbs47 ^ | 3-29-12 | cakid1

Posted on 03/29/2012 8:30:44 PM PDT by cakid1

False Advertising? The Governor’s ‘Millionaire’ Tax’

Part of the Governor Jerry Brown’s new push for higher taxes this November will reportedly include the slogan ‘ Millionaires’ Tax.’

But some wonder if that’s accurate.

In fact the Governor’s new plan raises taxes on everyone.

His new approach calls for raising the state sales tax – for everyone – for four years.

The second part calls for raising the income tax rate if you make $250,000 per year - for seven years.

Will Millionaires pay more too? You bet.

Will ‘Thousandaires’ pay more too? You bet.

Will someone making $10,000 per year pay more? You bet.

If voters approve of the Governors multi-billion dollar tax hike plan – will California residents pay about $50 billion of dollars in higher taxes over the next seven years?

You bet.


TOPICS: Chit/Chat
KEYWORDS: california; jerrybrown; taxes

1 posted on 03/29/2012 8:30:52 PM PDT by cakid1
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To: cakid1

You know what might just help:

A “Hollywood” tax.


2 posted on 03/29/2012 8:38:53 PM PDT by Cringing Negativism Network (There is nothing "public" about government union-controlled schools)
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To: cakid1

In today’s world of the largely gay-controlled Mainstream media, telling the truth is a hate crime.

And the sheeple will eat up whatever the Magic Sqwauking Box in the living room tells them.


3 posted on 03/29/2012 10:54:56 PM PDT by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: cakid1

Bump


4 posted on 03/30/2012 12:02:32 AM PDT by lowbridge (Rep. Dingell: "Its taken a long time.....to control the people.")
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