Posted by Jon Coupal at 3:19 am on Feb 02, 2015 Comments Off on Tax Reform This Isn’t
There is a clamor in Sacramento for “tax reform.” But for every
political pundit, politician and bureaucrat in the room, there is a
different definition of “tax reform.”
For fiscal conservatives, tax reform means tax cuts. The State
of California takes too much of our money now and this heavy tax
burden unquestionably hurts working families and hinders economic
growth
But for self-styled “progressives,” tax reform means even more
tax hikes to feed an ever growing government and the demands of tax
hungry special interests.
Because these two visions of “tax reform” are polar opposites,
is it even possible to agree on anything related to changing
California’s tax system? Surprisingly, the answer is yes.
Both conservatives and liberals have at least acknowledged that
California government is too reliant on revenue that fluctuates
wildly. In other words, there is some agreement that the mix of
things that are taxed might be altered so that tax revenue is more
predictable
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