This a good time for the Legislature to invest in California by taxing large, profitable corporation


Assembly Bill 71, introduced by Democratic Assemblymember Luz Rivas, funds itself by means of a targeted tax increase that will be paid for only by the largest corporations best able to pay.

Restoring California’s corporate tax rate to 9.6% on corporations making more than $5 million in profits per year, as well as taxing the shifted income known as GILTI, are two tax reforms proposed

https://calmatters.org/commentary/my-turn/2021/02/this-a-good-time-for-the-legislature-to-invest-in-california-by-taxing-large-profitable-corporations/?fbclid=IwAR0w7NIRl4DxW6uWHa052ErRrQFsIUZ8awJHDn67tr_z_nNSlXY5Kh19IZ8

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