History of IDEA
Jeannie Oakes, Founder and Former Director
Youth Voice in School Finance
NEW REPORT: Los Angeles' road to A-G for all
Without Dollars and Sense Powerpoint
Past Educational Opportunity Reports
CTA takes on corporate tax breaks
- 02-11-2010
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Blog by John Fensterwald/Educated Guess
One way or the other, the California Teachers Association and business interests were headed for a mighty battle this November over taxes. Now it’s clear what they’ll be fighting over. Delegates for the 325,000 member union voted to back initiatives to rescind corporate tax breaks (see initiatives #1412 and #1375), passed a year ago under cover of darkness, that eventually will cut state revenues by an estimated $1.7 billion. Backing up its vote with dollars, the CTA this week committed $587,000 to gather 434,000 signatures needed to put it on the ballot. For a while, it looked like the CTA would take another tack and ask voters to increase taxes on commercial property either by raising the tax rate by about 25 percent or by having commercial properties reassessed every three years. (more...)
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