Assembly Republicans Oppose Scheme To Undo “Triple Flip” To Raise Local Sales Taxes
UPDATE 5:03pm – Based on some e-mail traffic, it would appear that I need to be more specific on what I was told on this. Besides what I said below, Morgan conveyed that this idea is not one that has been floated by Assembly Republicans, and that, to be clear, Republicans would not put up votes on a budget (that requires a two-thirds vote) if the Democrats separately pass this scheme (which they can do by a majority vote if they wanted).
Sometimes there are complex policy issues that come up that are difficult to distill in a blog-length post. But I am going to try to explain. But let me place the conclusion first, and the details afterward. Basically, there is some talk in the Capitol that there is a way to raise local sales taxes by .25 percent by just a majority vote (I’ll explain below), and that doing so would bring in $1.4 billion in new tax revenue. Some of the “chatter” was that this proposal might get “sign off” from Republicans in a budget deal.
Not true. I spoke with Morgan Crinklaw, Communications Director for Assembly Republican Leader Mike Villines, who checked with his boss, and… Read More