WSJ’s Steve Moore: California’s Tax Hike Showndown
California’s Tax Hike Showdown
California Democrats in Sacramento are conspiring to evade the state constitution and pass a tax hike of up to $11 billion in the next few days.
State law requires a two-thirds majority of the California legislature to raise taxes. But the Democrats who run the state house and senate by big margins have gotten frustrated by the anti-tax bloc of Republicans who have held an effective veto over the tax scheme. Democrats have come up with a plan to raise income, sales and gas taxes without the two-thirds vote, thanks to some fancy legal maneuvering. An enraged Mike Villines, the House minority leader, tells me: "This is just a ploy to get around the constitution. We will fight… Read More