California Tax Reform Association

CTRA’s Statement on tax loopholes in the budget

 Contact:  Lenny Goldberg
 Sept 15, 2008
“Death of the Corporation Tax” is part of the Budget Deal           

In exchange for a small amount of temporary short-term revenues, the Legislature is poised to open two vast new loopholes in the corporation tax, loopholes which will continue indefinitely.  The impact will be to greatly diminish the corporation tax at [...]

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