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Saturday, August 18, 2012

More on the Corporate Tax/Scholarship Bill Passed in the Assembly

We earlier posted an entry about a bill that passed in the state assembly which closed a corporate tax loophole and used the funds generated for tuition reduction and UC and CSU.  To get the needed 2/3 for a tax vote, two non-Democrats were required. One was a renegade Republican.  The other was an Independent (former Republican), Nathan Fletcher of San Diego.  Fletcher posted a YouTube video explaining his vote.  As also noted earlier, since a 2/3 vote would also be needed to pass this bill, it is unlikely to be enacted. Nonetheless, the explanation by Fletcher is of interest.

The Fletcher video is below:
The californiascapitol.com website carried a link to this video.

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