Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Think Long panel proposes California tax overhaul

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
 
xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-20-11 08:54 AM
Original message
Think Long panel proposes California tax overhaul
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/11/20/BABL1M1GN3.DTL&tsp=1

A well-funded team of top California political, business and civic leaders will propose a ballot measure that would overhaul the state's tax system by simultaneously cutting income taxes across the board while raising $10 billion a year by expanding the sales tax to include services.

The Think Long Committee for California also is ready to propose a ballot measure that would alter the state's initiative process by creating an independent, nonpartisan panel that would have the power to propose initiatives, according to a copy of the panel's 24-page plan that The Chronicle has obtained.

Ideas to reform California's dysfunctional government surface frequently, and just as often are ignored. What makes Think Long different is the bipartisan star power of its 17-member panel and the $20 million or more that its chairman, billionaire businessman Nicolas Berggruen, said he will spend in support of ballot measures.

Berggruen will be backed by committee members including former Secretary of State Condoleezza Rice, Google Executive Chairman Eric Schmidt, Southern California billionaire developer Eli Broad, former San Francisco Mayor and Chronicle columnist Willie Brown and former California Supreme Court Chief Justice Ronald George.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/11/19/BABL1M1GN3.DTL#ixzz1eFmjubzn




***sales taxes?!?!?! :mad: still asking people who 'broke it' to fix it.
Printer Friendly | Permalink |  | Top
county worker Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-20-11 09:43 AM
Response to Original message
1. If you replace income tax with sales tax, you put more of a burden on the poor
Edited on Sun Nov-20-11 09:44 AM by county worker
who will have to use what little income they have to not only purchase services but to add on tax so that it costs them even more of what cash they have. And cutting the total taxes paid buy those who can afford a tax on services.
Printer Friendly | Permalink |  | Top
 
xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-20-11 10:26 AM
Response to Reply #1
2. agreed. it's infuriating.
and this is a pretty influential group -- including who? -- willie brown.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu Dec 26th 2024, 10:02 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC