Informational Hearing on the Tax Recommendations of the Commission on the 21st Century Economy

Mr. Chairman and Members of the Committee, it is my great pleasure to appear before you to discuss California’s tax system. I would like to emphasize three points in my remarks: First, please do not throw out the baby with the bathwater! The Commission’s report contains a number of sound, non-controversial, proposals that should be enacted without delay. Second, bi-partisan tax reform proposals should start with the principles of being…