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Wednesday, February 24, 2010

California Senate Hearing on Tax Expenditure Accountability

On February 24, 2010, the Senate Revenue & Taxation Committee is holding an informational hearing on Tax Expenditure Accountability. Unfortunately, there are no details on the committee's website.

Perhaps they are going to discuss the tax expenditures report? Here is the link to the Dept. of Finance page where they can be found - here.

I'd like to hope that in searching for spending cuts, the committee is going beyond those in budgets and looking at the hundreds of spending items buried in the tax law. I've got some short write-ups on this and some examples of spending that can legitimately be cut - here. And here.

Anyone know what the focus and purpose of the hearing is?

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