Senate leader Kevin de Leon is acting like a big baby whose binky has been swiped. He has proposed that California income (franchise) taxes be redefined as a charitable donation so that they will remain deductible for federal tax purposes, thus bypassing the new $10,000 state and local tax deduction limit.
It’s ironic that the state Senate Pro Tem is offended that the feds are limiting the state tax deduction while, unlike many other states, California disallows the deduction of state income taxes altogether. Will the state senator allow his proposed state tax donation loophole to also be a deductible donation for California tax returns? I won’t hold my breath when it comes to hypocrites.
Joel M. Greenia
Santa Clara
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