By Jon Coupal and Phillip Chen | California has a record $21.5 billion surplus.
That’s the good news. The bad news is that we have all that money because you are being overtaxed.
Earlier this month, Gov. Gavin Newsom released his revised budget proposal, the largest in California history.
At a staggering $214 billion dollars, the budget is larger than that of most nations and every other state.
The budget also includes a new $140 million tax on water customers to help all Californians have access to clean water.
Clean water is important, and there are a million people in the Central Valley without access to it. But do we need a new tax to pay for it? Maybe we don’t.
To read the entire column, please click here.