Assemblyman David Chiu – California Globe

California Assemblyman Triggered by Children’s Airsoft Toy Gun, Mistakes it for Actual Glock

May 24, 2021 8:31 amMay 24, 2021 8:31 am

California Assemblyman David Chiu (D-San Francisco) tweeted out a photo over the weekend of what he referred to as the “discarded packaging of a semi-automatic” Glock handgun. PressCalifornia.com caught it and archived the Twitter thread. At first blush the untrained...

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 71 Amended to add Tax Increases to Fund ‘Bring California Home Act’

January 13, 2021 3:53 pmJanuary 13, 2021 4:17 pm

Assembly Bill 71 was amended on January 12 to replace its intent language with dozens of pages of substantive amendments, including several major tax increase proposals. This article only examines the tax provisions of AB 71. The bill is jointly...

AB 71 – $2.4 Billion Tax Hike to Create a ‘Statewide Homelessness Solutions’ Program?

December 8, 2020 5:18 pmJanuary 13, 2021 3:46 pm

On December 7, the first day of the California Legislature’s 2021-22 Session, Assembly Members Luz Rivas and David Chiu introduced AB 71, which would create a “statewide homelessness solutions program.” Currently, the bill is a statement of legislative intent. However,...

‘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%,...

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...