To: SmithL
My prediction before reading the whole article is that they want to get rid of Prop 13 so they can jack property taxes through the roof. Then they can reduce other taxes... eventually... maybe .... depending on the braks.
7 posted on
10/09/2009 7:55:19 AM PDT by
KarlInOhio
(Soon everyone will win a Nobel Peace Prize for not being George Bush...well, except for George Bush.)
To: KarlInOhio
braks->breaks.
8 posted on
10/09/2009 7:55:42 AM PDT by
KarlInOhio
(Soon everyone will win a Nobel Peace Prize for not being George Bush...well, except for George Bush.)
To: KarlInOhio
It looks like I was wrong. They didn't even mention the property tax. Instead they want to replace the business income tax with a business net receipts tax. I don't know what the difference is, but since they expect to get a lot of money from it it looks like a tax increase.
10 posted on
10/09/2009 8:00:18 AM PDT by
KarlInOhio
(Soon everyone will win a Nobel Peace Prize for not being George Bush...well, except for George Bush.)
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