Fatally Flawed

Check out Fatally Flawed: What Would the Commission on the 21st Century Economy’s Recommendations Mean for California?, which examines how the COTCE’s proposals for overhauling the state’s tax system would impact the state’s budget and California taxpayers. In a briefing at the Capitol today, Executive Director Jean Ross showed that the COTCE’s plan is “fatally flawed” because it would exacerbate the state’s budget problems, shift the cost of providing state services from high- to low- and middle-income Californians, and rely on a risky new tax for roughly half of the state’s General Fund revenues.

To learn more about the COTCE’s proposals from a wide range of perspectives, attend the Assembly Committee on Revenue and Taxation’s two-day hearing tomorrow and Friday.

– Alissa Anderson

To read more details, please click here: californiabudgetbites.org/2009/10/07/fatally-flawed/