Nothing is so permanent as a temporary tax. In California, the state’s most powerful public-employee lobbies are preparing two initiatives for the November 2016 ballot that would either extend or simply make permanent an income-tax increase on the state’s highest earners that was scheduled to expire at the end of 2018. Legislators and their union patrons can hardly contain themselves.Gulp.
Sunday, November 22, 2015
“Temporary” Taxes Forever. Jerry Brown remains silent about two proposals to extend Proposition 30.
City Journal reports: