Has any state ever taxed a tax before?
California's new budget imposes a "fee" on your taxes.
The "fee" is measured as 2.5% or 5% of whatever you paid in state taxes last year.
Taxing our taxes.
Has this ever happened before?
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2 comments:
Actually, yes. Arkansas (Gov Huckabee!) hit us with a 3% surcharge in 2004. And LBJ put a 10% surcharge on Federal tax for several years to fund Viet Nam.
Good. I'm glad California didn't have to "lead the way" on this one...
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