As of November 1st, 2009, California taxpayers, at least those who still have a job, were bilked another ten percent from their paychecks — at gunpoint.
Here is the official notice at the California Franchise Tax Board’s website:
“Starting November 1, 2009, a new law (ABX4 17) requires the state wage withholding rates to be increased by 10 percent. This is not a new tax. Withholding schedules are available at the Employment Development Department’s website, edd.ca.gov. Changes to withholding amounts for state taxes can be made by submitting Form DE 4 to your employer.”
Officially, the PRC (not the People’s Republic of China but, rather the People’s Republic of California) claims, “This is not a new tax.”
Really? Tell that to those who still have jobs in a state with ‘officially’ 12.2% unemployment (in reality 19%) they’ll have to make-up for the drunken orgy of an 80% increase in state spending over the last ten years. Yes, that’s NO typo.
Good news is it stands to reason, those without jobs won’t be extorted as they don’t receive paychecks. But, they probably moved out-of-state long ago.
California — Worst State Climate for Businesses
Over the last ten years of this spending orgy, the PRC has increased its budget by an astronomical 80% without any consideration of revenues. According to this year’s Chief Executive magazine’s 2009 “Best & Worst States” survey, California has ranked the worst state in the United States four years in a row.
Congratulations California!
“Our survey, year-over-year proves that those states with the worst records continue to practice the same policies that alienate businesses,” JP Donlon, Editor-in-Chief of Chief Executive magazine
Do you feel better now, California?
I didn’t think so.
The Nutbags Are Out of Control
What the nutbags in California’s government, run by The Governator, are saying to taxpayers is they’re collecting taxes on an ‘accelerated basis’.
If that’s the case, why doesn’t California just send out tax bills for the next ten years of anticipated payroll taxes and balance the budget now?
You know why these nutbags don’t try this scam?
Taxpayers would storm Sacramento with torches, looking for the monster. This way, the People’s Republic of California can bilk the taxpayer and slowly bleed them to death.
Are you sitting down?
The new California law ABX4 17 has no sunset provision. Will taxpayers long forget this rape by next tax season? You decide.
Those footsteps you’re hearing is the stampede of business out of the state, along with taxpayers who are completely fed up. Some actually were born and raised here.
To the other 49 States — Pay attention, you are next
Several states have reportedly begun looking at this PRC option to balance their budgets by bilking their taxpayers. Well, at least those still employed.
The Leftys want your money. They’ll do anything to get it for their own narcissistic pleasures.
Their motto: “We know how to spend your money better than you do.”
Oh, and I didn’t see anything about only the rich being bilked — it’s all taxpayers in California.
When are you going to do something America?
WRITE.VOTE.RECALL
I am,
The Hollywood Republican
