Thursday, March 16, 2017

Legislators in California introduce bill to exempt teachers from state income tax

Fox News reports:
Legislators in California recently introduced a bill that would offer educators major tax breaks in an effort to keep them in the classroom and combat the state’s growing teacher shortage.

The measure quickly drew fire from taxpayer advocates who criticized it as politically inspired favoritism.

Democratic senators Henry Stern of Los Angeles and Cathleen Galgiani of Stockton earlier this month introduced Senate Bill 807, which would exempt teachers from paying the state income tax – which would be the equivalent of a 4 percent to 6 percent salary increase – after five years in the classroom.
The virtuous rent seekers in the news.