Tuesday, September 15, 2009

Sweeping Tax Changes?

The Sacramento Bee reports here on the "Commission on the 21st Century Economy," another attempt to escape the messiness and difficulty of political change. The majority seems willing to sacrifice tax progressivity in exchange for decreasing volatility. No mention in the article of a "split roll" that would eliminate Prop. 13's benefits for commercial property. Here is the corresponding report from the Los Angeles Times.

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