Swap of Sales Tax for Property Tax Will Get Hearing: Assembly Speaker’s Commission, Others Support Finance Reform
1 February 2000 - 1:00am
| Author: Paul Shigley
Price: $2.95 » login or register to post comments | add to cart
A commission appointed by Assembly Speaker Antonio Villaraigosa has recommended local governments swap sales tax revenue for a bigger cut of property taxes. The proposal is one of several intended to reduce city and county dependence on sales tax. However, it remains unclear whether lawmakers and Gov. Davis will take meaningful steps toward altering the complex fiscal system this year.
It is a two-handed situation. On the one hand, recommendations of the Speaker’s Commission on State and Local G...
Price: $2.95