Thursday, May 19, 2011

Senate rejects extension of "temporary" stadium taxes

The Senate was on the verge today of re-writing the Legislative definition of a "temporary tax." The current definition of a "temporary tax" is a tax that expires as promised at the scheduled time. Had the Senate adopted SB 5958 (extending the "temporary" stadium taxes enacted in 1995) as originally proposed this would have become the new definition of "temporary tax:" "A temporary tax is a tax that is promised to expire to pacify voters in order to move special interest legislation but will ultimately be extended to pacify vocal special interests at the expense of legislative integrity to the voters . . . READ MORE


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