Assemblyman Rob Bonta Archives

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...

Who Are California’s Winners and Losers of 2020?

January 1, 2021 2:07 amJanuary 4, 2021 11:02 am

While 2020 has been a perfectly horrible year thanks to abusive politicians, the gross mismanagement of the coronavirus, job loss and business closures, and the tanking of the economy, not all politicians are corrupt or obsessed with power. However, the...

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...

Why Are So Many Politicians Trying to Outlaw Bail?

February 10, 2020 2:42 pmFebruary 11, 2020 8:59 am

In August 2018, then-Gov. Jerry Brown signed Senate Bill 10 into law, ostensibly to reform the cash bail system. However, Before SB 10 could have gone into effect, Californians Against the Reckless Bail Scheme fought the legislation on two points:...

Caltech Nobel Laureate Frances Arnold Retracts Paper: ‘Not Reproducible’

January 8, 2020 6:21 amJanuary 8, 2020 6:22 am

‘Science that touches on political agendas has contributed more than its share of problems to the irreproducibility crisis.’ “I am totally bummed to announce that we have retracted last year’s paper on enzymatic synthesis of beta-lactams.” That was a...

Senator John Moorlach (Kevin Sanders for California Globe)

California’s Financial Future Looking Shaky After 2019 Legislative Session

September 23, 2019 8:37 amSeptember 23, 2019 4:22 pm

‘California’s unrestricted net deficit grew by 25 percent in the last year alone’ Following the close of the 2019 legislative session, Sen. John Moorlach (R-Costa Mesa) provided a listing of “California’s Dirty Baker’s Dozen: Veto-Worthy Policy Proposals that Shouldn’t...