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Tax Increases Are Making California Unaffordable for Millions 
It's time to hold politicians accountable and hold the line on more tax increases.  
JOIN THE CAMPAIGN!
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Screen Shot 2020-07-15 at 1.32.46 PM.png
Tax Increases Are Making California Unaffordable for Millions 
It's time to hold politicians accountable and hold the line on more tax increases.  
JOIN THE CAMPAIGN!

AB 71 - Statewide Homeless Solutions Program

This measure proposes a $2.4 billion-a-year tax increase on California businesses and residents.

 

AB 71 would significantly increase taxes on businesses by amending the Revenue and Taxation Code to raise the corporate tax rate for businesses with taxable income over $5 million from 8.84 percent to 9.6 percent (10.84 percent to 11.6 percent for financial institutions).

 

AB 71 imposes a tax increase at a time when California businesses already pay some of the highest taxes in the country.

 

There is no doubt that homelessness in California should be addressed, but AB 71 creates new problems rather than solutions.

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