Assembly Democrats – Page 5

‘Time Stealing’ Regulations for ‘The Wealth Tax’

August 17, 2020 1:14 pmAugust 17, 2020 7:58 pm

Can you imagine having to do an inventory and net worth calculation every year? Let alone potentially being audited and having to prove that values were not intentionally understated? It’s not only financial robbery, it’s time theft! – Senator John...

California Dems’ Wealth Tax Follows People Who Move Out of the State

August 17, 2020 7:28 amAugust 18, 2020 8:12 am

Assemblyman Rob Bonta (D-Oakland) made an appearance on “Cavuto: Coast to Coast” Friday to discuss his Wealth Tax proposal. Bonta told Cavuto the tax “affects about 0.15% of the California population — not the top 10%, not the top 1%,...

California Legislators Propose Wealth Tax

August 13, 2020 2:24 pmAugust 13, 2020 2:25 pm

On the morning of August 13, Assembly Bill 2088 was gutted-and-amended an elections bill into a wealth tax. AB 2088 is jointly authored by Assembly Members Bonta, Carrillo, Chiu, Gonzalez, Kalra, Santiago, Stone, Ting, and Wicks. Assembly coauthors include Chu...

CA Democrats Pushing First-in-the-Nation ‘Wealth Tax’ on State’s Billionaires

August 13, 2020 1:10 pmAugust 13, 2020 2:27 pm

Oakland Assemblyman Rob Bonta held a press conference Thursday announcing his legislation to tax the state’s wealthiest job creators and innovators – the 30,400 billionaires living and working in California. This first-in-the-nation net worth tax is estimated to generate $7.5...

Democrat-run Assembly Isn’t Letting This Crisis Go To Waste

June 11, 2020 1:14 pm

The California economy is struggling after the COVID-related state lockdown order by Gov. Gavin Newsom in March. Newsom’s stay-at-home orders forced “non-essential” businesses to close, and led to record unemployment insurance claims. Faced with a $54.3 billion deficit following the...

CA Democrats Refuse to Hear Resolution Condemning UC Davis Professor Who Said Cops ‘Need to be killed’

May 27, 2019 8:50 amMay 28, 2019 6:08 pm

A State Assembly resolution would urge University of California directors to remove a professor who made horrific remarks on social media about killing cops. However, last week Democrats refused to even hear the resolution. Assemblyman James Gallagher (R-Yuba City) authored...