California’s Tax System in Crisis and Beyond

Mr. Chairman and Members of the Committee: It is my great pleasure to appear before you to discuss California’s tax system. I will begin my comments by discussing the fiscal volatility problem, and then I will attempt to answer some of the questions on tax policy that were sent to me by your staff. The Fiscal Volatility Problem and State Budget Policy First, it is important to understand that were…
Assistant Professor, University of California, Berkeley (Boalt Hall School of Law), USA
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