Date: Wed, 3 Nov 2010 12:43:45 -0400 From: c...@cbp.org To: coz42...@hotmail.com Subject: Statement: Jean Ross on the Defeat of Proposition 24 Having trouble viewing this email? Click here CBP HOME SIGN UP FOR EMAIL SUPPORT THE CBP NOVEMBER 3, 2010 Statement: Jean Ross on the Defeat of Proposition 24 Following the defeat of Proposition 24, a ballot measure that would have repealed three recent business tax breaks, Jean Ross, executive director of the California Budget Project, a nonpartisan public policy research group, released this statement: "The people of California voted down Proposition 24, which would have repealed three business tax breaks that will cost the state $1.3 billion or more per year when they take effect. Voters shouldn't be asked to address complex tax issues at the ballot box. Independent research shows that business tax breaks have little impact on job creation. But the loss of $1.3 billion a year in funding will widen the state's budget gap and jeopardize funding for schools, health care, and other public structures that serve the common good. As part of a balanced budget solution, the Legislature should heed the call of editorial boards and analysts across the state and scale back these tax breaks to avoid further budget cuts that could harm the economy, jeopardize our economic competitiveness, and push the state back into a recession." CALIFORNIA BUDGET PROJECT | www.cbp.org 1107 9th Street, Suite 310 | Sacramento, CA 95814 | (916) 444-0500 Forward email This email was sent to coz42...@hotmail.com by c...@cbp.org. Update Profile/Email Address | Instant removal with SafeUnsubscribe | Privacy Policy. Email Marketing by California Budget Project | 1107 9th Street, Suite 310 | Sacramento | CA | 95814 [Non-text portions of this message have been removed] ------------------------------------ --------------------------------------------------------------------------- LAAMN: Los Angeles Alternative Media Network --------------------------------------------------------------------------- Unsubscribe: <mailto:laamn-unsubscr...@egroups.com> --------------------------------------------------------------------------- Subscribe: <mailto:laamn-subscr...@egroups.com> --------------------------------------------------------------------------- Digest: <mailto:laamn-dig...@egroups.com> --------------------------------------------------------------------------- Help: <mailto:laamn-ow...@egroups.com?subject=laamn> --------------------------------------------------------------------------- Post: <mailto:la...@egroups.com> --------------------------------------------------------------------------- Archive1: <http://www.egroups.com/messages/laamn> --------------------------------------------------------------------------- Archive2: <http://www.mail-archive.com/la...@egroups.com> --------------------------------------------------------------------------- Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/laamn/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/laamn/join (Yahoo! ID required) <*> To change settings via email: laamn-dig...@yahoogroups.com laamn-fullfeatu...@yahoogroups.com <*> To unsubscribe from this group, send an email to: laamn-unsubscr...@yahoogroups.com <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/