Chamber urges car tax return
Lobbying in Sacramento this week, Los Angeles business leaders are calling on state officials to look at a combination of spending cuts and tax increases - including boosting the car tax - to balance the state's projected $15.2 billion budget shortfall. Daily News.
In a survey of its members, the Los Angeles Area Chamber of Commerce said the vehicle license fee - which Gov. Arnold Schwarzenegger rode as an issue to the recall of former Gov. Gray Davis - should be reinstated to bring in an estimated $6 billion to help the state balance its $144.3 billion budget.
"What our members recognize is the magnitude of the problem calls for us to support something like this," said board Chairman Tim McCallion, who led a delegation of business leaders on a lobbying trip to the Capitol this week.
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About The
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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.
If the CofC really thinks that the $6 billion from the car tax will be used rightly, then perhaps they will want to purchase my home which is ocean-front and has cool ocean breezes from its landing just off the 170 in North Hollywood.
The Sacto folks will waste that $6 billion and we will be in this same boat next year.
No taxes. Let them cut the bogus spending that has increased faster than tax receipts/population growth.