SACRAMENTO – Today Assembly Republican Leader James Gallagher released the following statement in reaction to CA Tax Foundation's annual report on new state taxes and fees.
“Despite a record state budget surplus and having the highest income taxes in the nation, the Legislature is considering 64 new tax proposals that total nearly $195 billion dollars in state revenue, according to CalTax’s annual Tax and Fee Report.
"This report shows that Democrats remain vastly out of touch with the effects of inflation and the cost of living with their proposals.
"California is already one of the most unaffordable states in the country, we need to stop trying to tax our way out of our financial problems and start spending more responsibly.”
