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Business & Economics PRESS ROOM |
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The Right Day to Ponder a Tax Revolt
Submitted by Lawrence J. McQuillan, Ph.D on 4.15.2003
With tax day (April 15) on hand, California taxpayers are pessimistic, and with good reason. The tax code remains complex, the tax burden oppressive and prospects for tax relief dim. In fact, more than 100 bills before the Legislature would raise taxes and fees about $29 billion.
California’s Tax Follies
Submitted by Lawrence J. McQuillan, Ph.D, Andrew M. Gloger on 4.7.2003
Winston Churchill once remarked: "For a nation to try to tax itself into prosperity is like a man standing in a bucket trying to lift himself up by the handle."
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