If these businesses had any cajones, they’d be asking what the lawmakers in the People’s Republik of California are doing in their own lives
California lawmakers want corporations to ‘put their money where their mouth is’ on climate change
Some California state lawmakers want corporations to be held accountable when it comes to the state’s clean air goals and efforts to reduce the effects of climate change.
A group of Democratic state senators resurrected three bills that fell short last legislative session they say would improve transparency, standardize disclosures, align public investments with climate goals and raise the bar on corporate action to address the climate crisis.
“Making sure our state and businesses community are putting our money where all of our mouths are, which is in a direction of climate action,” said State Sen. Scott Wiener, a Democrat from San Francisco.Wiener reintroduced a measure that would require corporations that make more than $1 billion in revenue and that do business in California to start publicly disclosing their carbon emissions by 2026, including supply chain information, which lawmakers note make up the majority of a corporation’s emissions.
State Sen. Lena Gonzalez, a Democrat from Long Beach, reintroduced a measure to divest money from the state teachers’ and state public employees’ retirement systems away from the fossil fuels industry. Gonzalez said that amounts to about $11 billion dollars.
And what did these California climate cult Democrats, along with the others, do? Switch to EVs? Pay for solar panels for their homes? Downsize their homes? No more fossil fueled flights? Etc?
The California Chamber of Commerce opposed the bills last session.
“The private sector is committed to working to reduce factors that impact climate change,” said CalChamber President and CEO Jennifer Barrera. “However, it is critical that as policies are contemplated, there is an emphasis on balancing unnecessary costs and regulatory hurdles against measurable benefits. We look forward to working with policymakers to enact meaningful policies that protect jobs, encourage innovation and maintain growth.”
See? Rather than calling BS, daring these POC lawmakers to practice what they preach, they give a squishy response. It simply emboldens the Warmists to keep pushing. Speaking of the Chamber
EXCLUSIVE: Chamber Of Commerce Pledges Lawsuit Over ‘Outrageous’ Environmental Rule
The U.S. Chamber of Commerce will sue the Securities and Exchange Commission if it goes forward with a rule requiring companies to speculate about how climate change could impact their business models.
Some members of Congress and outside groups have trained heavy fire on the trade organization, long a fixture in GOP circles, over perceived support for left-wing social issues. Others have expressed frustration with the Chamber’s endorsement of over two dozen Democrats in the 2020 election cycle. Despite these objections, the business group remains in agreement with the GOP on a host of regulatory and legal issues, U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley told the Daily Caller in a recent interview.
Most notably, Bradley pledged to sue the SEC over the climate disclosure rule, should it ultimately go into effect.
The rule would nothing to mitigate anthropogenic climate change, but, it would give the government a lot more control and power over private companies, eh?
Any and all taxes, fees, surcharges, levees or other theft from corporations by .gov is only a backdoor tax on the citizens. Honestly, does anyone believe that when any governing body collects money from any commercial enterprise that the greedy old business owners just go down to the basement vault and get the money where they keep it like Scrooge McDuck?
NO! they either pay their tax attorneys to figure a way out of it or they just charge more for their goods or services!
Jesus fucking Christ, you’d think everyone would have puzzled this out by now!
In a free-market economy corporate taxes impact workers, shareholders and customers.
People pay taxes, and although Mitt Romney stated “corporations are people”, corporations don’t pay taxes.
Corporate taxes are another cost of doing business. Taxes are not theft but are the price we pay for civilization. Roads, schools, defense, Social Security, healthcare, clean air, clean water, airports, police, fire protection, courts, etc. That said, politicians have systematically tried to redistribute the tax burden from the wealthy to the working class.
Avoiding taxes is a multibillion dollar industry.
Taxes are low in the paradise of Uganda.
Taxes are low in the paradise of Galera.
So Rimjob how long does your company get to carry over it’s “losses” of ~$200 million to avoid paying taxes?
5 years, 10 years…?
#GaleraAWholeNotherCountry
Bwaha! Lolgf
Plainly stated and unsurprisingly, he still manages to miss the point entirely.
In the 1980s under Reagan the tax burden ess shifted from business to individuals.
In the 1970s the tax in profits was higher. Corporations wishing to reduce their tax liabilities would often choose to avoid giving money to the government by instead reduce their liability by reinvesting money into their company. Now those profits are taken out by the shareholder who overwhelmingly are those elites that Teach is harping on.
In the 1980s under Reagan the tax burden shifted to the very wealthy. Tax rates went down, but the share of what the top 1% paid went up. Libs have a hard time understanding that if there’s more “rich” people, the more taxes they pay
John,
You are confused on the taxes and your assessment is wrong.
As to the elites, we are all elites and that money goes into our pension plans.
Why don’t you move to China? You would be satisfied.
Dear H:
You lie.
https://en.wikipedia.org/wiki/Reagan_tax_cuts
If the marxist/socialists/facists of the state government want clean air thr people of California should use the ballot initiative to create a law forcing all government officials and public employees out of the fossil fueled vehicals and into EVs.
EVs are a false solution. Make the government employees walk, ride bikes, use mass transit, or use their phones instead of travel.