From LATimesSkelton in Capitol Journal: 'It takes only a simple majority vote in the Legislature to create a tax break. But it requires a difficult two-thirds vote to cancel the break and raise a tax. Doesn’t make sense.'
Sen. Hannah-Beth Jackson is pushing a bill that would kill nine tax expenditures in three years unless they could be justified by the Legislative Analyst’s Office.
It takes only a simple majority vote in the Legislature to create a tax break. But it requires a difficult two-thirds vote to cancel the break and raise a tax. Doesn’t make sense. Those nine tax breaks are costing the state general fund $7.3 billion annually, Jackson says. To put that in perspective, the general fund for the current fiscal year is $144 billion.
“This is about shining light into some dark corners of our state budget that haven’t had sunshine for decades, if at all.”
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