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California_State_Assembly_Fox

California Democrats Want Some Businesses to Fork over Half Tax-Cut Savings to State…

January 22, 2018 at 4:26 pm

Calling the Trump administration’s tax reform plan a “middle-class tax increase,” two California lawmakers introduced a bill that would force large companies to fork over half of their expected savings to the state. Assemblymen Kevin McCarty and Phil Ting, both Democrats, introduced Assembly Constitutional Amendment 22, which calls for a 10 percent surcharge on companies […]

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