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California Assemblyman Phil Ting says the state "should build bridges, not walls." If a California company opts to contract or subcontract the wall along the U.S. Mexico border, the San Francisco Democrat wants to deny them state tax breaks. He has introduced legislation.
"If you want to be part of the building of that wall you can't access any of our tax breaks or incentives."
Ting says more than 375 firms nationwide have expressed interest in working on the wall. the Tax breaks California companies would forfeit under his legislation include a break for hiring new employees and a credit for buying manufacturing and research equipment.
It's the latest effort by opponents to halt what the President describes as his "big beautiful border wall."
Ting says Mexico is California's biggest trading partner to the tune of 25 billion a year.. he says the border wall could "spur market instability" throughout California's economy. Still, he expects a challenge at the State Capitol, particularly from business groups.
He expects his bill to be heard in committee next month.
"If you want to be part of the building of that wall you can't access any of our tax breaks or incentives."
Ting says more than 375 firms nationwide have expressed interest in working on the wall. the Tax breaks California companies would forfeit under his legislation include a break for hiring new employees and a credit for buying manufacturing and research equipment.
It's the latest effort by opponents to halt what the President describes as his "big beautiful border wall."
Ting says Mexico is California's biggest trading partner to the tune of 25 billion a year.. he says the border wall could "spur market instability" throughout California's economy. Still, he expects a challenge at the State Capitol, particularly from business groups.
He expects his bill to be heard in committee next month.
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