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Katy Grimes

California’s business ‘leakage’ becoming a deluge

The list of businesses leaving California for greener pastures is long and growing. And now we can add Toyota to it.

The word ‘leakage’ is the new politically correct term used by legislators, the Governor, bureaucrats and the California Air Resources Board, to describe what happens when California businesses leave the state because of tax increases and stupendous regulations… as if any of them really know what it means for a business to make the difficult decision to close a location, terminate hundreds of employees, and physically move equipment, machinery, offices and records. And, the CEOmust figure in the cost of business interruption, as a business’s productivity will be undoubtedly be reduced after a move.

Who is “leaking?”

Apparently California is ‘leaking’ businesses… as if businesses and middle class families are dribbling away, or just accidentally… Read More

BOE Member George Runner

Governor Should Veto “Amazon Tax”

Today I called upon Governor Jerry Brown to veto the so-called “Amazon Tax” recently approved as a budget trailer bill by the Legislature. You can read my letter below or here.

June 17, 2011

Dear Governor Brown:

I am writing to request your veto of Assembly Bill 28X (Blumenfield), the so-called “Amazon Tax.”

As an elected member of the State Board of Equalization, the agency responsible for use tax collection, I am concerned that in its hunger for revenues the California Legislature is traveling down a legally suspect and dangerous path. Rather than educate California taxpayers on their use tax obligations when making purchases from out-of-state sellers, the Legislature is stretching the definition of nexus to the point of absurdity and to the detriment of California’s economy and jobs.

Proponents of AB 28X claim it will “create fairness” by “leveling the playing field” between brick and mortar retailers and online sellers and generate $200 million in new revenues for the state. But in reality the measure… Read More