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BOE Member George Runner

Welcoming Amazon Jobs to California

This morning I will join other elected officials, community leaders and Amazon.com representatives at an opening ceremony for the company’s new San Bernardino fulfillment center.

As an elected member of the State Board of Equalization, I have the unique privilege of working with job creators like Amazon. I want to help these companies succeed in our state in the face of many tax and regulatory obstacles.

In my remarks, I will applaud Amazon’s decision to voluntarily invest in California, bringing thousands of jobs to our state. I will stress that working cooperatively with job creators like Amazon is the most effective way to rebuild California’s economy.

The new Amazon fulfillment center in San Bernardino lies just outside the boundaries of my current Board of Equalization district. However, in 2014 the district I currently represent will be reshaped by redistricting to include both Amazon’s new San… Read More

BOE Member George Runner

Interest and Penalties Holiday Would Help Struggling Taxpayers and State Coffers

Today I called upon the Governor and Legislature to enact a six month interest and penalty holiday to help struggling small business owners and other taxpayers who have fallen behind on tax payments during the recent economic downturn.

The state’s job is to collect taxes, not penalties and interest. Too often heavy penalties and punitive interest charges actually make it more difficult for struggling taxpayers to catch up on late payments. If we want more jobs, we need to help California’s job creators get back on their feet.

Instead of increasing taxes or cutting vital programs, we ought to learn from the experience of other states where these programs have successfully raised millions of dollars. I believe a California program would generate several billion dollars of revenues for state and local government.

A tax interest and penalty holiday would be a win-win for both California’s job creators and state coffers.

Below is the text of my letter.You can find mypress release here.

June 10,… Read More

BOE Member George Runner

‘Tax the Rich’ Code for Taxing Job Creators

Years of overtaxation and overregulation have given California the second highest unemployment rate in the nation. Even so some of our state lawmakers still believe that punishing success is a recipe for job growth.

Efforts by Assemblywoman Nancy Skinner (D-Berkeley) and other Democrat legislators to increase taxes on high income earners will actually punish California job creators and worsen volatile state revenues.

According to the Tax Foundation, California already has the third highest income tax rate and one of the most progressive tax structures in the nation. The top one percent of California’s income earners have incomes of $500,000 or more per year and pay up to 50% of all income tax revenues received by the state each year, according to a report by the non-partisan Legislative Analyst’s Office.

The battle cry to ‘tax the rich’ is really code for taxing California’s job creators, including many small businesses that are struggling to survive. Rather than help California’s budget, higher taxes will reduce revenues and drive even more job creators out of our state or out of business.

The Tax Foundation also… Read More