Shock: Another Victory For Corporate Interests!by: David DayenThu Jul 16, 2009 at 18:00:00 PM PDT |
Judy Chu was sworn into office today as the first Chinese-American woman to serve in Congress. Her departure opens a whole at the Board of Equalization, a little-known four-member board that collects taxes and determines a lot of corporate tax policy. The four districts are gerrymandered to produce two Democrats and two Republicans, with the state Controller making up the swing vote. Today the Governor announced his choice to replace Chu, and boy are the richest companies doing business in California happy: Gov. Arnold Schwarzenegger today will appoint Jerome Horton, a business-friendly former Democratic lawmaker, to the state's tax board, an administration official said. Well, good for the business lobby, right? It's not like they have had multiple victories in the past year, what with getting all sorts of permanent corporate tax breaks in the past two budget agreements and pushing the Parsky Commission in an effort to eliminate corporate taxes altogether. They needed a leg up. Horton needs both houses of the Legislature to sign off on the appointment, but much like with Supreme Court appointments, I fail to see how rejecting him would somehow yield a better result. |
David Dayen :: Shock: Another Victory For Corporate Interests! |
Friday, July 17, 2009
Shock: Another Victory For Corporate Interests!
http://calitics.com/diary/9396/shock-another-victory-for-corporate-interests
Tags: Arnold Schwarzenegger, Judy Chu, Jerome Horton, Board of Equalization, corporate taxes, (All Tags)
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