In addition to California voters enacting two tax propositions in November 2012, they also provided a
two-thirds majority in both the Assembly and Senate of Democrats. With a supermajority of one party, any bill in which one person might have a tax increase has a better chance of passing. That, of course, doesn't guarantee it will happen or that if it did, the governor would sign it.
I have an article published this week Bloomberg BNA's
Tax Management Weekly State Tax Report on
Prospects for California Tax Reform. It lists and explains various weaknesses in California's tax system and what could and perhaps, should be done legislatively to improve it.
You can find the article
here.
What do you think?
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