Taxing Times
Jackie Goldberg’s take on California’s budget
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What tax increases would make most sense to do?
First and foremost, a reduction in the rebate for the vehicle-licensing fee, going back to where we were a few years ago. And right now, you can still deduct the mortgage interest you pay on your second home. That’s ridiculous. Most people can’t even afford a home. And I’m going to be looking at trying to raise taxes on the top 2 percent of income earners.
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What’s the long-term solution?
This state will never create a fair and equitable tax system as long as it takes a two-thirds vote.
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But perhaps the only way you can get at the two-thirds vote requirement is a ballot initiative.
That’s what we should be looking at. And that’s what I am looking at.
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That would be a tough sell.
I don’t think so. I think people are tired of the roller coaster.
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