California Democrats seek to extend 'temporary' taxes
Democrats in the state Senate on Monday countered Gov. Arnold Schwarzenegger's proposed budget cuts with a plan to raise taxes by nearly $5 billion, largely by extending temporary taxes and delaying corporate tax breaks for two years.Hmmm, now what neighboring state of California passed "temporary" taxes in its last legislative session?
During a Senate subcommittee hearing, Democrats said they want to delay the start of corporate tax credits demanded by Schwarzenegger and Republicans last year to secure enough budget votes. Their plan also would extend by two years the temporary increases in the income tax and vehicle license fee that were approved last year.
Democrats proposed raising the tax on alcohol but would allow a temporary 1 cent increase in the state sales tax to expire at the end of the year. [Emphasis added]
The taxes [raised during Nevada's 2009 Legislative session] included a $220 million increase in hotel room taxes enacted early in the session with Gibbons' blessing and the $781 million package of temporary increases to four existing taxes enacted by veto override Friday.
As election season approaches, Nevadans deserve to know candidates' response to this question: "Would you raise taxes by extending or making permanent the 2009 temporary tax increases?"
This is an important question to ask, because all around the country - and even in Nevada - "temporary" taxes usually aren't.
For more information on how your legislators voted, check out NPRI's 2009 Legislative Review and Report Card. The Report Card is on pages 18 and 19.