More Sausage, Sacramento Style
A couple of days ago, we provided some insights into the sausage making of a bill in the legislature that would lower tuition with revenue from closing a corporate tax loophole. Today’s LA Times carries an interesting article on the sausage making process behind the governor’s tax initiative on the November ballot, the initiative the Regents have endorsed. Basically, the article looks at the sources of funding for the campaign. The theme is that various large firms in industries that might be hit by proposals for specific taxes (such as oil, liquor, and soft drinks) if the initiative doesn’t pass…