Surprise! California Liberals propose new taxes.

From Bill Leonard:

The celebration of New Year brings with it much that is familiar: the Rose Parade, resolutions to lose weight, the legislature’s attempts to raise your taxes. Senator Escutia is again attempting to raise taxes on non-residential property, and Assemblywoman Chang is again seeking to add
10- and 11- percent brackets to state income taxes. Escutia also has a bill to limit tax credits. Assemblyman Ruskin has a proposal to increase corporate taxes by taxing their overseas’ income. They are piling onto the Legislative Analyst’s recommendations last month to increase fees and the gas tax, as well as institute parcel taxes. The Democrats are poised to do battle with Governor Schwarzenegger who has maintained his opposition to tax increases.

The taxers simply do not understand that the state’s economy cannot tolerate more takings.