|If you sold a small-business in California after 2008, pay up!|
Tax Franchise Board spokesman Daniel Tahara says, "Once discrimination is found to exist, that discrimination must be cured." Economics think that the disappearance of the tax incentive will cause a drop in at least 100 million dollars annually from investors running away. Another example of the absurdity that comes from trying to make everything "equal." Mr. Tahara's quote could be put on the front of the t-shirts of progressives everywhere. Chasing business in the name of equality. Yet another reason to move out of California.
-Source "Back-Tax Hit Sparks Fury" WSJ April 13-14, 2013