California: How about a retroactive tax grab, plus interest?

Hot Air ^ | 3-20-2013 | Erika Johnsen

[Sir Napsalot]

In his State of the State address in January, Gov. Jerry Brown proudly proclaimed that, “Two years ago, they were writing our obituary. Well it didn’t happen. California is back, its budget is balanced, and we are on the move.”

…Which is interesting, because the January unemployment numbers just came in, and California is apparently competing with Rhode Island for the worst state unemployment rate in the country.

(SNIP) .... the wealthy coasts and the tech industry are helping to keep everything propped up — but it seems that the progressive state just can’t resist taking a little off the top wherever possible.

"California’s top-end taxpayers — already steamed over a recent hike in the nation’s highest state income tax — are now fuming over a new $120 million retroactive tax grab on small business owners.

In December, the state’s tax authority determined that a tax break claimed over the past few years by 2,500 entrepreneurs and stockholders of California-based small businesses is no longer valid and sent out notices of payment.

“How would you feel if you made a decision, which was made four years ago, (and) you absolutely knew was legally correct and four years later a governing body came in and said, ‘no, it’s not correct, now you owe us a bunch more money. And we’re going to charge you interest on money you didn’t even know you owed’,” Brian Overstreet told Fox News from his office north of San Francisco. …

“Once the revenue is identified, those folks up in Sacramento will figure out how to spend it already,” warns former state Sen. George Runner. “And that’s what makes this so difficult. Even though it has this great bipartisan support as being wrong.” …"

[blueunicorn6]

I think that it’s a big mistake to assume that the Democrats want a Middle Class in California. They want it to be THE GOLDEN MONEY KINGDOM where the Democrat aristocracy spend their days in leisure while the Mexican serfs clean their pools. All those Middle Class people clog their roads and make them late for their appointment with the plastic surgeon.

[Secret Agent Man]

PLus if you’re government you just make up so many laws, regulations and rules and everyone becomes a lawbreaker.

Any excuse for a tyrant.

[tubebender]

There are two or three groups up here beating the drums for raising the minimum wage and I tell them to make it worthwhile and raise it the $32.50 an hour.

[Vanders9]

Tax his land,

Tax his bed,

Tax the table

At which he's fed.

Tax his work,

Tax his pay,

He works for peanuts

Anyway!

Tax his cow,

Tax his goat,

Tax his pants,

Tax his coat.

Tax his tobacco,

Tax his drink,

Tax him if he

Tries to think.

Tax his car,

Tax his gas,

Find other ways

To tax his ass.

Tax all he has

Then let him know

That you won't be done

Till he has no dough.

Then tax his coffin,

Tax his grave,

Tax the sod in

Which he's laid.

And when he's gone,

Do not relax,

It's time to apply

The inheritance tax.