OPINION: The Tax Me More State

Already rated as the second worst business tax climate of the 50 states by The Tax Foundation, Propositions 24 and 25 may catapult California to #1 according to The Wall Street Journal. Prop 24 would raise an estimated $1.3 billion in new taxes on businesses, while Prop 25 would render the minority party in the State Legislature defenseless when it comes to budget negotiations.

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