For Immediate Release, April 26, 2023
Contact: David Kline (916) 893-2614 or [email protected]
California Taxpayers Association President Robert Gutierrez released the following statement today in response to a tax increase on California employers proposed by Senate President Pro Tem Toni Atkins and others:
“California’s business tax climate already is among the worst in the United States, and employers face higher operating and regulatory costs than in other states. This large tax hike is a non-starter for solving California’s budget shortfall and will only make things worse. Tax revenue increases dramatically when the economy is thriving, and when entrepreneurs are building businesses and dreams in California and hiring more Californians. We should encourage growth to happen here, not chase it away with tax increases like this.”
According to the Washington, D.C.-based Tax Foundation, California has the third-worst business tax climate.