Sunday, October 7, 2012

YES on PROP 39

This requires businesses to determine their tax liability for sales in California by a calculation, rather than the current practice of choosing (the cheaper of) two methods. This Proposition permanently closes that corporate tax loophole.

An outrageous tax loophole allows out-of-state corporations to pay lower taxes in California, costing our state a billion dollars a year. This loophole actually rewards companies for creating jobs outside of California. Proposition 39 closes this loophole by forcing out-of-state corporations to pay their fair share, bringing in much-needed state revenue that will be invested in clean energy and energy efficiency projects, create good-paying jobs, and help fund our schools. Join us. Let’s close this corporate tax loophole and create new clean energy jobs in California!

California Clean Energy Jobs Act



For complete listing of all California Propositions and review.