Thursday, December 30, 2010

Jerry Brown Plans To Take Tax Hike to Voters in June

The Sacramento Bee reports:
Gov.-elect Jerry Brown will propose a ballot measure to extend temporary tax hikes set to expire next year, while pressuring fellow Democrats to consent to billions of dollars in spending cuts in virtually every area of state government, sources said.

The tax package, planned for the June ballot, would extend higher vehicle, sales and income tax rates. It likely won't include additional new taxes, such as an oil severance tax.

"Temporary" can mean a long time in California.