Friday, January 27, 2012

In fact, the first applause line for the governor came when he called for pension reform. He received no major applause when discussing the taxes. He did not mention spending limits but acknowledged at the beginning of his talk that California spends more money than it collects.

Gov. Brown Pitches LA Chamber for Tax Measure Support - Fox&Hounds

Governor Jerry Brown returned to the Los Angeles Chamber of Commerce to give a similar speech to the one he gave last year– seeking support for his tax plan. Last year, his proposal was in the legislature, this time he had an initiative to sell. However, the business people I talked to in the audience were non-committal on the taxes, especially if the taxes were not accompanied by other reforms such as spending limits and pension reform.