Assemblymember Tom Ammiano’s (D-SF) legislation to close a state loophole that has allowed big corporations and other commercial property owners to avoid paying higher property taxes that normally come when land is sold is moving toward becoming law after yesterday getting some unlikely support from the business community.Read more »
Nothing cheers up an old tax-and-spend liberal than word that two major new sources of state revenue -- enough to begin closing the gap in education funding -- are at least on the table in Sacramento.Read more »
The Chron's conflict-laden columnist made an interesting admission Dec. 9: The multibillion-dollar tax loophole that allows corporations to avoid reassessments under Prop. 13 was all his fault:Read more »
Is it really possible? Could California be on the path to repair the damage of Prop. 13? Would Jerry go along?
You wouldn't think so -- it's been talked about for so long and so little has happened. But it's an all new year in Sacramento, and the era of Republican dominancy-by-minority is over (in fact, the era when Republicans will have any role at all in state government is pretty much over), and already, some changes are in the works.