Issue Brief

Tax bills fall short on revenue

While these bills would eliminate a costly and unorthodox tax break, they fall far short of the revenue that is needed to address the looming $1.3 billion fiscal cliff in 2018 and put the state budget back on a more sustainable path. In fact, passage of these bills – which would require a vote of the people – would make it harder for policymakers to solve the state’s structural revenue shortfall in a future special session.

Tax bills fall short on revenue Read More »