A week after the announcement of the first budget surplus in years, the Senate Appropriation Committee announced it will hold off on a number of tax initiatives that would have impacted many constituents across the state.
A week after the announcement of the first budget surplus in years, the Senate Appropriation Committee announced it will hold off on a number of tax initiatives that would have impacted many constituents across the state.
On Monday, the Senate Appropriations Committee will vote on the “California Tobacco Tax Act of 2014,” a bill introduced by Senator Kevin de Leon that would increase taxes on cigarettes to pay for health care programs.
Prop. 29, like many other tax increases in recent years, seeks to target an unpopular activity, smoking, and increase taxes to combat something of universal concern, in this case cancer research.
“Whiskey is for drinking, water is for fighting over” – Mark Twain