Hertzberg Denounces U.S. Senate’s Passage of Disastrous Tax Reform Measure
Bill would have significant impact on California taxpayers
SACRAMENTO – Last night, the United States Senate passed a tax reform measure after midnight on a vote of 51-49. The bill, if enacted into law, would consolidate the existing seven tax brackets, cut taxes on the wealthy, and eliminate a number of deductions that typically benefit low and middle income earners. In response to the bill’s passage in the U.S. Senate, Sen. Bob Hertzberg, D-Van Nuys, released the following statement:
“The tax reform plan approved by the Senate late last night in Washington D.C. will have devastating results for Americans. It rewards the wealthy, punishes low-income earners, and does nothing to elevate our middle class” said Sen. Hertzberg.
“What’s more, it is especially disastrous for California. Working class Californians will pay more taxes under the plan, and it will only exacerbate the volatility of our state budget. I have been working on solutions to improve California’s tax system for a decade; this plan represents a gigantic leap in the wrong direction.”
Bob Hertzberg, chair of the Senate Committee on Natural Resources and Water, represents nearly 1 million San Fernando Valley residents of Senate District 18, which includes part of Burbank and the following communities in Los Angeles: Arleta, Granada Hills, Hansen Dam, Lake View Terrace, Mission Hills, North Hills, North Hollywood, part of Northridge, Pacoima, Panorama City, Sherman Oaks, Studio City, part of Sun Valley, Sylmar, Toluca Lake, Valley Glen, Valley Village, Van Nuys, the City of San Fernando and Universal City. See a district map at http://sd18.senate.ca.gov/district. After serving in the Assembly from 1996-2002, including two years as Speaker, Hertzberg invested in solar, wind and electric-car projects; and worked for structural changes in government through the Think Long Committee of California. Learn more at www.senate.ca.gov/hertzberg.
Media Contact: Katie Hanzlik
Senator Robert M. Hertzberg
Capitol Building, Room 4038