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CSUN Accounting Exercise Tax Essay

CSUN Accounting Exercise Tax Essay

For this discussion assignment, please read the attached article. Your goal should make two arguments for and two arguments against the proposed tax indicated in the attached article.

The points received for this assignment will be based on your quality of writing. I am interested in your point of view, thus put some thought into it.1 attachmentsSlide 1 of 1

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2/25/2021 Excise Tax on CA Property Owners for Renting or Leasing Property in New Bill Excise Tax on CA Property Owners for Renting or Leasing Property in New Bill californiaglobe.com/section-2/excise-tax-on-ca-property-owners-for-renting-or-leasing-property-in-new-bill/ Chris Micheli February 19, 2021 On February 18, Assemblyman Mike Gipson (D-Carson) introduced Assembly Bill 1199, to impose an annual excise tax for the privilege of renting or leasing out qualified property. The bill would add Article 8 (commencing with Section 12280) to Chapter 3 of Part 2 of Division 3 of Title 2 of the Government Code, and to add Part 6.8 (commencing with Section 11951) to Division 2 of the Revenue and Taxation Code. The bill contains an urgency clause, which means the bill would need a 2/3 vote by each house of the Legislature and that it would take effect

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