MILLIONAIRE’S TAX BACKERS COMPROMISE WITH CALIFORNIA GOVERNOR

At In These Times:

On Wednesday, an advisor to Jerry Brown announced the suspension of signature-gathering on a tax referendum California’s governor had previously pushed for the November ballot. Brown’s move follows a deal reached last month with backers of a more progressive alternative, the “Millionaire’s Tax.” Unions that spent months backing two competing referenda have now coalesced behind a compromise—though not everyone from the old Millionaire’s Tax coalition is on board.

Check it out.

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