La Opinión - noticias locales, nacionales e internacionales desde Los Ángeles - impre.com - Seeking fiscal stability:
"The lack of stability in the tax revenue stream is at the core of the state’s budget problems. One year the state coffers have funds to invest in education and the social safety net, and the next, there is nothing. This makes it impossible to do medium- and long-term planning.
The Commission on the 21st Century Economy was created precisely to find alternatives to this thorny policy issue and to come up with a stabilized tax structure. As was expected, the final recommendations are the result of internal negotiations among the commissioners and have been roundly criticized by both business and labor."
Read full report: http://www.docstoc.com/docs/12340338/Commission-on-the-21st-Century-Economy-Issues-Recommendations-to-Modernize-Stabilize-and-Simplify-California’s-Outdated-Tax-System
"The lack of stability in the tax revenue stream is at the core of the state’s budget problems. One year the state coffers have funds to invest in education and the social safety net, and the next, there is nothing. This makes it impossible to do medium- and long-term planning.
The Commission on the 21st Century Economy was created precisely to find alternatives to this thorny policy issue and to come up with a stabilized tax structure. As was expected, the final recommendations are the result of internal negotiations among the commissioners and have been roundly criticized by both business and labor."
Read full report: http://www.docstoc.com/docs/12340338/Commission-on-the-21st-Century-Economy-Issues-Recommendations-to-Modernize-Stabilize-and-Simplify-California’s-Outdated-Tax-System
Web site: http://www.cotce.ca.gov/