Posted on 02/18/2010 7:52:52 AM PST by SmithL
Senate President Pro Tem Darrell Steinberg said Wednesday he doesn't plan to pursue a general tax hike again this year because he doesn't think Republicans would support it.
Republican Gov. Arnold Schwarzenegger already has said he will not support tax hikes. GOP legislators are unlikely to vote for taxes after some members suffered political consequences for approving $12 billion in temporary tax hikes in 2009.
Steinberg, D-Sacramento, appearing at the Sacramento Press Club, acknowledged the political difficulty of increasing taxes on sales or income this year to help close the state's $19.9 billion budget deficit, even as his own labor and social service constituents advocate more tax revenues.
"I don't plan to put forward a general tax increase because I don't think we'll pass it," Steinberg said. He said he wasn't interested in setting his "hair on fire when it's not going to lead to an actual, productive result."
He said Democrats instead will look at reducing corporate tax benefits, including those won by Republicans in the last two years of budget negotiations. The Senate Budget Committee took steps in that direction Tuesday by rolling back affiliate tax-credit sharing and deductions for past operating losses as part of a complex gas-tax swap proposal.
(Excerpt) Read more at sacbee.com ...
What of the homeowner’s insurance “surcharge” of 4.8% that was mentioned a few days ago?
Do you know if that is that still on their radar?
These rats will NEVER quit trying to find a way to open our wallets to fund their ineptitude.
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