Hilton Proposes Eliminating California State Taxes on First $100,000 of Income
SACRAMENTO, CA – Steve hilton, former fox News host and advisor to the British government, has unveiled a sweeping tax plan aimed at providing financial relief to millions of California families. The proposal, discussed in a recent interview with The Sun’s Sunrise FM podcast, would eliminate state income taxes on earnings up to $100,000 and institute a flat 7.5% tax rate on all income exceeding that amount.
Hilton’s plan represents a meaningful overhaul of California’s progressive tax system, designed to address what he calls an unacceptable level of financial hardship within the state’s robust economy. He argues that direct tax cuts are a more effective solution than customary welfare programs.
The proposal is projected to reduce state revenue by 18.5%, necessitating approximately $60 billion in spending cuts, according to Hilton. He believes this trade-off is necessary to stimulate the economy and alleviate financial strain on residents.
Hilton cited a recent United Ways of California study revealing that 35% of state households – over 3.8 million families – lack sufficient income to cover basic needs. ”This is absolutely unacceptable in what Gavin Newsom brags is the fourth-richest, fourth-biggest economy in the world,” Hilton stated. “So we’ve got to do better, and we’ve got to help people financially who just are struggling so much. I’m on the road so much – hundreds of events, thousands of people.I can see it in their eyes. Literally, I’m hugging people who are just desperate financially in California.”
Hilton contrasted his approach with what he described as the “Democrat way” of relying on welfare, arguing that such programs ultimately increase costs through taxes and regulations. “The quickest way to get money into people’s pockets comes through simple economic policies,” he said.
Hilton’s plan is a key component of his broader “Make California Golden Again” initiative, signaling a potential challenge to the state’s current economic policies.
