Gov. Jerry Brown has a new tax proposal to sell the Legislature: raise levies on some large out-of-state corporations in exchange for new sales-tax exemptions for companies who make products and hire people in California.
Under a plan to be unveiled in Sacramento on Thursday, Brown will ask lawmakers to revert state sales tax formulas to the way they were computed before 2009. That would force many large companies that sell their goods in California, but do not employ many Californians, to pay more in sales taxes.
Thursday, August 25, 2011
Gov. Jerry Brown to propose California corporate tax changes
The L.A. Times reports:
