Gov. Jerry Brown previewed his pitch for a package of five-year tax increases in a meeting with The Chronicle's editorial board Tuesday. By his own admission, it's a complicated argument and a tough sell - especially in comparison with the populist millionaires tax being pushed by the California Federation of Teachers.He makes sense when he talks, but then he goes right into "must satisfy the Left" mode in his actions.
"It's pretty clear. We know that if you tax 2 percent of the people to benefit 98 percent, that's a winner with the 98 percent," Brown said. "That's simple. That's third-grade arithmetic. The problem is, we have to put something together that works - the other people don't have to do that"...
He also noted that a heavily top-weighted tax would amplify the volatility of a state tax structure that already sways wildly with boom and bust cycles.
Friday, March 09, 2012
Teachers Want To Make California's Budgeting Problems Worse
Who says so? Governor Brown, in the San Francisco Chronicle: