Issue Position: State Budget and Taxation

Issue Position

Date: Jan. 1, 2012

* Admit that we have a structural revenue problem and build long-term strategies that provide adequate funding for schools and programs for vulnerable individuals;
* Establish a more aggressive savings plan during good times to sustain us during bad times -- protect those savings from radical initiative writers;
* Build a coalition to reform our state's tax structure
* Focus on tax fairness, tax stability, and revenue adequacy;
* Eliminate our State's Business and Occupation Tax and shift to taxing profits instead of gross sales;
* Shift the sale tax burden from low- and middle-income families to the wealthy by offering an annual sales tax credit to working families or a constitutionally protected flat income tax.


Source
arrow_upward