Assemblyman Ash Kalra Archives

Amended Wealth Tax Bill to Impose 1% Upon the Worldwide Net Worth of CA Residents Worth Over $25M

March 26, 2021 6:54 amMarch 26, 2021 8:14 am

On March 24, Assembly Members Miguel Santiago, Lorena Gonzalez, Ash Kalra, and Mark Stone amended Assembly Bill 310 to implement a proposed wealth tax. The bill would add Part 27 (commencing with Section 50301) to Division 2 of the Revenue...

California Wealth Tax Proposed in Constitutional Amendment

March 23, 2021 11:23 amMarch 26, 2021 6:48 am

On March 22, Assembly Members Alex Lee, Wendy Carrillo, Lorena Gonzalez, Miguel Santiago, Ash Kalra, Luz Rivas, and Mark Stone introduced Assembly Constitutional Amendment 8 to propose a wealth tax to be placed before the voters. Officially, ACA 8 is...

AB 1074 ‘Displaced Janitor and Hotel Workers Opportunity Act’

March 9, 2021 8:11 amMarch 9, 2021 8:22 am

Assembly members Lorena Gonzalez (D-San Diego) and Ash Kalra (D-San Jose) introduced Assembly Bill 1074 to address certain displaced workers. The bill would amend Sections 1060 and 1064 of, amend the heading of Chapter 4.5 (commencing with Section 1060) of Part...

AB 20: California’s Proposed Clean Money Act

December 9, 2020 2:29 amDecember 10, 2020 8:44 am

On December 7, the first day of the California Legislature’s 2021-22 Session, Assembly Members Alex Lee and Ash Kalra introduced Assembly Bill 20, which would enact the Clean Money Act of 2021. AB 20 would do this by amending Section...

Bill To ‘Combat Biodiversity and Climate Crises’ Fails in the Legislature, but Resurrected as Executive Order

October 7, 2020 2:59 pmOctober 8, 2020 4:16 pm

Two bills would have established new land, water, and ocean protection goals, including to protect 30 percent of the state’s land areas and water by 2030. Assembly Bill 3030, by Assembly Member Ash Kalra (D-San Jose), as well as AB...

‘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%,...