Enter to win every day in CTNOW's 21 Days of Summer Giveaways. Click here to see today's prize.
Topics

John A. Perez

State Controller Betty Yee wants tax reform that relies less on the top 1%

State Controller Betty Yee wants tax reform that relies less on the top 1%

New state Controller Betty Yee is not your typical politician. She's boldly sticking her neck out on a continuous issue bound to cause grief. The issue is tax reform, a taboo subject for most elected officials. At least, the comprehensive reform — not merely cutting taxes and creating loopholes — she's talking about. She wants to broaden the tax base, collecting from more people and relying less on the top 1%. "It's not because I don't want to tax the rich," the Democrat says. "It's just that I don't think it's sustainable" to perpetually bank on the wealthy as cash cows for the state treasury. There's plenty of...

Loading

70°