California homelessness: Where are the state s billions going? Here s the new, best answer – Santa Clarita Valley Signal signalscv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from signalscv.com Daily Mail and Mail on Sunday newspapers.
CalMatters Commentary: Is corporate tax hike too hot to handle?
Dan Walters
Assembly Bill 71 is one of the year’s most contentious pieces of legislation a hefty increase in corporate and personal income taxes to finance new efforts to end homelessness.
Assemblywoman Luz Rivas, an Arleta Democrat, is carrying the bill with backing from dozens of left-of-center social service organizations.
“Now is the time to take big, bold steps in addressing the number one policy issue Californians stress they want the Legislature to take action on,” Rivas said after the Assembly Revenue and Taxation Committee approved AB 71 last week. “Rural and urban local governments throughout the state need this financial support immediately to prevent this current crisis from becoming a full-blown catastrophe.”
Is corporate tax hike too hot to handle? calmatters.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from calmatters.org Daily Mail and Mail on Sunday newspapers.