California: Tax break repeal supporters and opponents square off

Mon, Oct 11 2010 — Source: San Jose Mercury News

At a time when the state’s schools and economy are both suffering, California teachers are battling business interests over corporate tax cuts that could be worth billions of dollars over the next few years. Voters will get to settle the dispute next month by choosing sides on Proposition 24, which would repeal the cuts. And while each camp has mustered studies and projections to bolster their rhetoric, at the center is a debate over the best way to secure California’s economy over the long term.