
If Governor Brown Wants A Bipartisan Tax Relief Plan, Here’s How He Gets Conservatives…
Last week on CalBuzz I penned a column outlining how I thought a bipartisan deal could be put together to end the Single Sales Factor tax break (a goal of Governor Brown) — but that it would not be accomplished through the plan the Brown put on the table. You can read that column here, which goes into great detail on why conservatives have an important motivation to get rid of this particular break (rewarding bad behavior is not a good thing).
That having been said, how do you get conservatives on board with getting rid of the Single Sales Factor tax break? It’s simple. Two things. The first is that it must be replaced with an equivalent level of tax cuts so that the ending of the Singe Sales Factor break is revenue neutral to the state. The second is broad based tax relief. Ideally this relief would come in the form of a permanent (admittedly slight) reduction in the state’s sales or income… Read More