Sunday, November 22, 2015

“Temporary” Taxes Forever. Jerry Brown remains silent about two proposals to extend Proposition 30.

City Journal reports:
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.