In an effort to push back on the Governor’s courting of business groups, the National Federation of Independent Businesses (NFIB) and the Howard Jarvis Taxpayers Association (HJTA) have released an “open letter” to address to Business Leaders that outlines an argument that the state is in such dire straits because of mismanagement and public funding giveaways, not because of lack of revenue.
They state, in part, “it is difficult to understand why, given California’s heavy tax burden, any private sector entity doing business in California would support even higher taxes. Though the idea of a “tax on the wealthy” may have a populist appeal, we should remember that small business owners will be hit especially hard since many of them file taxes as individuals. These are the job creators who should be protected. In fact, two thirds of all jobs being created right now are by small businesses. Likewise, a higher sales tax will needlessly inflict even more harm on California consumers who are also the employees and customers of the business community.”
Click here to read the full letter by NFIB and HJTA.
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