California must change course. In a recent survey of American chief executives, California ranked 50th in providing a business-friendly environment. Their finding: over-taxation and burdensome regulation, evidenced by the double-digit unemployment rate and the thousands of small businesses closing their doors. Instead of reversing the tide, current 43rd District Assembly member Mike Gatto has chosen to put liberal party politics and platforms ahead of the needs of his constituents by introducing AB 2540, which would further boost taxes on thousands of small businesses.
Our state legislators create budget shams to hide our real crisis of a $16-billion deficit. They continue to increase unessential spending and beg for more taxes, while cutting funds from public education and creating a harsh business climate. Over the last two years under Gatto’s watch more than $700 million has been cut from public education and increased health and welfare spending by more than $3 billion.