FROM Christopher Edley, Jr.
Will the State Tax System Be Reformed? The sales tax in California may be the nation's highest, but 53% of state revenues come from the income tax. That creates problems, because incomes rise and fall with the stock market and the economy, creating the ups and downs that defy planning and lead to continuing budget crises. Governor Schwarzenegger and the legislature created the Commission on the 21st Century Economy to develop a new system. The Commission's final report won't be presented until later this week, but its principal features are known. It would eliminate the sales tax and the corporate income tax and flatten the personal income tax by eliminating the top brackets. Lost revenue would be replaced by something called the Business Net Receipts Tax or BNRT.
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Terrorism and tweets, hate speech and murder Just days before an election, Britain is coping with a rash of deadly terrorism, and Prime Minister Theresa May is on the defensive. And again today, President Trump has tweeted criticism of the Mayor of London. Later, a double murder in Portland, Oregon has revealed the ugly past of a supposedly “progressive” city. One immediate question: is “hate speech” protected by the First Amendment?
Is the threat from Russia missing from the Russia meddling probe? There's much being made about the Trump administration's possible ties with Russia. But the bottom line is Russia's effort to influence American democracy. Do the President and his aides care enough to take action before voters go back to the polls?