Monday, December 8, 2014

The Prop. 30 Tax Hike Should Retire on Schedule

No matter how high taxes are increased, it’s never enough for public officials and bureaucrats who live off taxpayer funded paychecks. According to these people, there is always one more dollar that is needed to make government “whole.” And being made “whole” in California means maintaining the highest paid government employees in all 50 states. - Jon Coupal/Howard Jarvis Taxpayers Association

So it should come as no surprise that the tax-and-spend interests have already begun banging the drum and shaking the tambourine on behalf of extending Proposition 30, the “temporary” tax increase approved by voters in 2012. Proposition 30 imposed the highest income tax rate in America. It also bumped up the sales tax – a tax that hits lower income families particularly hard — to tops in the nation.

The sales tax component of Proposition 30 is set to expire at the end of 2016 and the higher income tax rate will sunset in 2018, so those who feed off taxes are starting to panic.

During the last year, some lawmakers resisted putting Proposition 2 on the November ballot because it required the establishment of a rainy day fund to tide government over through lean times. These Sacramento politicians were concerned that if it passed, and the state had money in the bank, it would be more difficult to make the case that the Proposition 30 taxes should be made permanent.

State schools chief Tom Torlakson came out for the extension of Proposition 30 long ago, and we are now seeing the head of one of the state’s two major teachers unions, the California Federation of Teachers, calling for its continuation while maintaining it is not enough.

Of course, it’s never enough....