Recently, California State Senator Bob Hertzberg proposed a new tax on professional services. Although the bill, known as Senate Bill 8 or the Upward Mobility Act, would replace Proposition 30, which was passed by California voters in 2012 and is set to expire in 2018. If passed, Senate Bill 8 will take effect in 2019.
While the Upward Mobility Act is currently a work in progress, it is being touted as a means of starting a conversation in...
