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Gov. Brown to skip tax increase this year

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  • Gov. Brown to skip tax increase this year

    The governor will scale back a plan for more taxes in his revised budget after a surge in revenue, officials say. But 70 California state parks are slated for closure.
    A surge in revenue has prompted Gov. Jerry Brown to scale back his proposal for more taxes, even as his administration on Friday announced its intention to close 70 state parks.

    Officials familiar with Brown's plans said the revised budget he presents Monday will propose raising income tax rates on Californians for four years rather than the five he initially wanted. The higher rate would not take effect until 2012.

    The governor will continue to push for a five-year extension of increases in sales taxes and vehicle fees that are due to expire by July 1, according to the officials, who spoke on the condition of anonymity because the plan has not been made public. Brown wants lawmakers to put some levies in place before July 1, to be ratified later by voters, the officials said.

    The governor would use an unexpected multibillion-dollar influx of tax receipts to fill the gap left in his budget by the shorter period of income tax increases. He would also use the new money to keep in place "enterprise zone" tax credits for businesses that hire workers from blighted areas. Brown originally proposed eliminating those tax credits to save the state $924 million.

    But the revenue boost was not enough to save 70 parks that the administration said it was planning to close. They include the Salton Sea State Recreation Area, Palomar Mountain State Park in San Diego County, McGrath State Beach in Ventura County, Los Encinos State Park, Antelope Valley Indian Museum, Pio Pico State Park in Whittier and Fort Tejon State Historic Park in Kern County.

    http://www.latimes.com/news/la-me-st...ntent=My+Yahoo
    Facts do not cease to exist because they are ignored. -- Aldous Huxley
    Two things are infinite: the universe and human stupidity. -- Albert Einstein

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