GOP’s picks on panel oppose tax hike

By William Douglas and Daniel Lippman, The Sacramento Bee WASHINGTON – Republican leaders in the House of Representatives and the Senate appointed six conservative lawmakers Wednesday to the so-called super committee that’s charged with finding ways to trim the federal deficit by more than $ 1 trillion by year’s end. The six, along with three [...]

LA Mayor Calls for $8B Property Tax Hike

By James Nash and Christopher Palmeri, Bloomberg.com Los Angeles Mayor Antonio Villaraigosa proposed dismantling California’s Proposition 13, which helped begin a nationwide anti-tax movement, in favor of a “grand bargain” that would boost levies on business property. The Democrat who leads California’s largest city called on Governor Jerry Brown not to shrink from making sweeping [...]