California: Group Won’t Push Tax Overhaul Measure

Wed, Jan 18 2012 — Source: Reuters

Billionaire Nicolas Berggruen’s Think Long Committee for California will not press a ballot measure this year to alter the state’s tax system, a move seen helping Governor Jerry Brown’s plan to put a tax measure to voters.
Berggruen’s bipartisan group of business and civic leaders said in a statement on Tuesday that it would put its proposal for an independent Citizens Council for Government Accountability on hold.

Read more at Reuters.