Tax Outrage! What Michelle Steel Discovered
By Craig Huey
In the last election, one of the candidates we endorsed was Michelle Steel for Board of Equalization.
The Board of Equalization is filled with antibusiness bureaucrats who have hated and destroyed both small and large businesses over the years. Without mercy, logic or justice, they have treated businesses as enemies, costing jobs, destroying opportunity and lowering our economic growth.
Here is what Michelle recently said about one aspect of the Board's unfairness:
“First, the Board of Equalization is assessing tax penalties on companies for tax bills over 9 years old. Even worse, the company is required to pay interest over the entire period. This strategy discourages the state to delay the hearing as long as possible.
“Why would any company risk appealing to the Board of Equalization if their tax bill could double from interest penalties?”
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