WEBVTT
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TO THE.
00:00:14.481 --> 00:00:15.515
WHAT DATE ARE WE AT THE
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SIXTEENTH EDITION OF THE
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GOVERNOR FIVE YEAH COMMITTEE
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MEETING THANK YOU SO MUCH FOR
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JOINING US TODAY?
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WOULD LIKE TO TAKE CARE OF SOME
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HOUSEKEEPING AND ALSO GO THROUGH
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ABOUT WHAT OUR AGENDA WILL LOOK
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LIKE AS WE WILL HAVE TO SETS.
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OF HEARINGS TODAY I'M I DIDN'T
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WERE IN OUR EARLY MORNINGS
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GENE WHICH IS ITEMS ONE THROUGH
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FOUR.
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IT WE'RE GOING TO HAVE TO BILLS
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THAT WILL BE PRESENTATION ONLY
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THAT WILL BE S. B. NINE NINE
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FIVE IN S. B. NINE NINE SIX.
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IT WILL BE NOT BE A VOTE TAKEN
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ON AYE OF THOSE BILLS TODAY.
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BUT WE WILL THEN HEAR S. B.
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TWELVE THIRTY SEVEN AND THEN
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FOURTEEN EIGHTY FIVE.
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WE HAVE A SPECIAL ORDER HEARING
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AT ELEVEN A. M. ON SALES AND USE
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TAXES.
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FOCUS ON A POTENTIAL SERVICE
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TAX HERE IN THE STATE OF
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CALIFORNIA.
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AND THAT WILL BE AT ELEVEN A.
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M. MEAN EVEN IF WE FINISH OUR
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EARLIER MORNING SESSION FIRST WE
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WILL HAVE A TEMPORARY RECESS
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HIGH IN START ST UP AT ELEVEN.
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WE CURRENTLY HAVE ENOUGH.
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MEMBERS HERE IN THANK YOU SO
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MUCH TO BE ABLE TO ESTABLISH A
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QUORUM. MISLAID CHESSER LET'S DO
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THAT ROLL CALL VOTE PLEASE.
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LOCAL POLICE IF HERE WIRE PRESS
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IT WIN. BELL. BELL PRESENT
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HERTZBERG LARA.
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NO LUCK.
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PRESIDENT.
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MORE LIKE PRESIDENT I DIDN'T DO
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HERNANDEZ HERNANDEZ HERE AND AND
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THAT'S PRESIDENT.
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WE DO HAVE A QUORUM AYE IN WHICH
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ARE.
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EXCITING AS WE HAVE A QUORUM
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WITH NO AUTHORS EYES OF THIS IS
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REALLY GREAT.
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AND SO I AS YOU ALL KNOW HOW WE.
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HERE WE GO.
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THAT WE HAVE AYE SINNER GAIN TO
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AS TO WHAT I BELIEVE HE'S IN
00:02:01.788 --> 00:02:02.021
JAIL LACK.
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IT.
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IT WE ARE TRACKING DOWN SENATOR
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BATES IN SENATOR MORALE.
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GIVE US A COUPLE OF MINUTES THAT
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WE ARE ON THE HUNT BY TO BE ABLE
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TO FIND THEM AND BRING THEM IN.
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I WILL BE RIGHT BACK WITH YOU
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THANK YOU SO MUCH FOR YOUR
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PATIENCE
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COMING OUT OF OUR VERY SHORT
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RECESS WE'RE GONNA WELCOME.
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I SAVOR AL HERE TO BE OUT OF
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PRISON SENATE BILL FOURTEEN
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EIGHTY FIVE ON PERSONAL INCOME
00:09:23.763 --> 00:09:24.764
TAX CREDITS AND FOCUS ON
00:09:24.830 --> 00:09:27.633
CHARITABLE CONTRIBUTIONS.
00:09:27.700 --> 00:09:29.201
SEN WERE ALL THE FLOOR IS YOURS
00:09:29.268 --> 00:09:30.736
AND WE WELCOME YOU TO COMMITTEE
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SIR PAID ON.
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DOING WELL THANK YOU FOR ASKING.
00:09:34.540 --> 00:09:37.877
THE FLOORS ARE SIR.
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VOTERS WHAT IS MINE.
00:09:40.179 --> 00:09:41.681
THANK YOU.
00:09:41.747 --> 00:09:43.416
FROM.
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MISTER CHAIR AND MEMBERS THE
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UNIVERSAL CHARITABLE CREDIT
00:09:47.987 --> 00:09:51.824
FASHION BY. OUR AFTER I SHOULD
00:09:51.891 --> 00:09:53.492
SAY. PALM.
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ARIZONA'S CHARITABLE CREDIT
00:09:55.094 --> 00:09:55.995
ALLOWS TAXPAYERS TO DIRECT THEIR
00:09:56.062 --> 00:09:59.632
MONEY.
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A PORTION OF THEIR MONEY IN
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THEIR TAX DOLLARS TO NONPROFIT
00:10:02.034 --> 00:10:04.136
ORGANIZATIONS ARE CHARITIES.
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THAT PROVIDE. SERVICES TO THE
00:10:05.571 --> 00:10:06.572
PUBLIC.
00:10:06.639 --> 00:10:07.640
COM.
00:10:07.707 --> 00:10:08.307
FOURTEEN EIGHTY FIVE PROVIDES A
00:10:08.374 --> 00:10:09.208
TAX CREDIT FOR VOLUNTARY CASH
00:10:09.275 --> 00:10:10.476
CONTRIBUTIONS MADE TO CHARITIES
00:10:10.543 --> 00:10:12.011
WITH AND CALIFORNIA.
00:10:12.078 --> 00:10:12.578
THEY'RE ARE FIVE OH ONE C.
00:10:12.645 --> 00:10:14.046
THREES.
00:10:14.113 --> 00:10:14.714
WHICH ARE LISTED IN GOOD
00:10:14.780 --> 00:10:16.949
STANDING. WITH THE FRANCHISE TAX
00:10:17.016 --> 00:10:18.284
BOARD AS WELL AS THE SECRETARY
00:10:18.351 --> 00:10:19.552
OF STATE.
00:10:19.618 --> 00:10:21.087
IN ALL THEIR OFFICES.
00:10:21.153 --> 00:10:22.421
INDIVIDUALS WILL BE ABLE TO
00:10:22.488 --> 00:10:24.423
CLAIM DEDUCTIONS ARE DONATIONS
00:10:24.490 --> 00:10:25.992
I'M SORRY UP TO FIVE HUNDRED
00:10:26.058 --> 00:10:27.093
DOLLARS TO MARRIED COUPLES
00:10:27.159 --> 00:10:28.527
FILING JOINTLY.
00:10:28.594 --> 00:10:30.463
WILL CLAIM UP TO A THOUSAND
00:10:30.529 --> 00:10:32.298
DOLLARS. A CALIFORNIA'S WE KNOW
00:10:32.365 --> 00:10:33.766
HAS SOME OF THE HIGHEST THAT TAX
00:10:33.833 --> 00:10:35.401
RATES AND SHOULDERS THIRTY FOUR
00:10:35.468 --> 00:10:37.403
PERCENT OF THE. NATION'S WHAT.
00:10:37.470 --> 00:10:40.139
WELFARE CASELOADS SECURITIES IN
00:10:40.206 --> 00:10:41.507
CALIFORNIA SERVE MANY OF THE
00:10:41.574 --> 00:10:42.675
NEEDS.
00:10:42.742 --> 00:10:45.478
AT AS WE KNOW SOME OF THE TOP
00:10:45.544 --> 00:10:46.779
CHARITIES IN AMERICA.
00:10:46.846 --> 00:10:48.981
SUCH AS A RED CROSS WORLD
00:10:49.048 --> 00:10:49.882
VISION.
00:10:49.949 --> 00:10:51.851
FOR EVERY DOLLAR DONATED TO
00:10:51.917 --> 00:10:52.585
THEM.
00:10:52.651 --> 00:10:54.720
THEY GET NINETY CENTS IN THE
00:10:54.787 --> 00:10:56.022
HANDS OF THE PEOPLE THEY WANT TO
00:10:56.088 --> 00:10:58.424
HELP SO. THEY'RE VERY EFFICIENT
00:10:58.491 --> 00:10:59.291
AND EFFECTIVE WITH THE.
00:10:59.358 --> 00:11:02.528
MONEY THAT HAS DONATED TO A.
00:11:02.595 --> 00:11:02.795
AND AGAIN.
00:11:02.862 --> 00:11:04.397
.
00:11:04.463 --> 00:11:05.998
WE SEEM TO GET MORE BANG FOR OUR
00:11:06.065 --> 00:11:07.199
BUCK OUT OF THESE CHARITY
00:11:07.266 --> 00:11:08.768
SOMETIMES AND WE THEN WE DO
00:11:08.834 --> 00:11:11.437
GOVERNMENT. ALL ACROSS AMERICA.
00:11:11.504 --> 00:11:12.938
SO ANYWAY THESE CHARITIES
00:11:13.005 --> 00:11:15.708
CALIFORNIA'S YOU KNOW SERVE MANY.
00:11:15.775 --> 00:11:17.643
NEEDS AND GREAT NEEDS THAT OPT
00:11:17.710 --> 00:11:19.011
AND GOVERNMENT CANNOT AND SO
00:11:19.078 --> 00:11:21.347
THEY BRIDGE THAT GAP. ARM OF
00:11:21.414 --> 00:11:21.647
GOVERNMENT.
00:11:21.714 --> 00:11:24.116
BETWEEN GOVERNMENT PRIVATE SO
00:11:24.183 --> 00:11:25.551
S. B. FOURTEEN EIGHTY FIVE WILL.
00:11:25.618 --> 00:11:28.154
INCENTIVIZE GIVING THESE.
00:11:28.954 --> 00:11:31.924
THIS MONEY TO WORTHY CAUSES AND
00:11:31.991 --> 00:11:32.792
CHARITIES WITH A GREAT TRACK
00:11:32.858 --> 00:11:35.294
RECORD AND INSTANTLY THERE
00:11:35.361 --> 00:11:36.996
THERE'S BEEN A NUMBER OF STATES
00:11:37.063 --> 00:11:37.563
THAT HAVE DONE THIS IN TWO
00:11:37.630 --> 00:11:39.165
FIFTEEN. ROUTE TO THOUSAND
00:11:39.231 --> 00:11:40.666
FIFTEEN MORE THAN A HUNDRED AND
00:11:40.733 --> 00:11:42.201
THIRTY THOUSAND FILERS. SENT
00:11:42.268 --> 00:11:43.135
OVER THIRTY SIX.
00:11:43.202 --> 00:11:45.838
MILLION DOLLARS TO CHARITIES IN
00:11:45.905 --> 00:11:46.839
ARIZONA.
00:11:46.906 --> 00:11:48.407
SO IT REALLY HELPED CHARITIES
00:11:48.474 --> 00:11:50.309
WHICH OF COURSE HELPS PEOPLE.
00:11:50.376 --> 00:11:52.945
IN NEED AS WE KNOW FOR THOSE
00:11:53.012 --> 00:11:54.246
WHO CHOOSE TO ITEMIZE THEIR TAX
00:11:54.313 --> 00:11:55.881
DEDUCTIONS SP FOURTEEN UNIFIED
00:11:55.948 --> 00:11:56.982
CONTINUES TO PROVIDE AN
00:11:57.049 --> 00:11:58.451
INCENTIVE FOR MAKING DONATIONS
00:11:58.517 --> 00:12:00.986
TO CHARITY AND OTHER. QUALIFIED
00:12:01.053 --> 00:12:02.021
NON PROFITS MAKING A DIFFERENCE
00:12:02.088 --> 00:12:04.056
IN THE LIFE OF INDIVIDUALS
00:12:04.123 --> 00:12:06.192
DIRECTLY INSTEAD OF FUNNELING
00:12:06.258 --> 00:12:07.226
THE MONEY THROUGH GOVERNMENT.
00:12:07.293 --> 00:12:10.396
AND SO TODAY WITH ME IN SUPPORT
00:12:10.463 --> 00:12:11.730
OF THIS BILL IS THE AND JOHNSON
00:12:11.797 --> 00:12:13.766
ON BEHALF OF THE SPAM SPONSOR WE
00:12:13.833 --> 00:12:15.267
DO BETTER ALONG WITH SUSAN
00:12:15.334 --> 00:12:17.570
MONTHLY. OF THE FOUNDER AND
00:12:17.636 --> 00:12:19.271
CLINICAL DIRECTOR OF GENERATION
00:12:19.338 --> 00:12:20.973
I GENERATE HOPE WHICH IS IN SAN
00:12:21.040 --> 00:12:23.876
DIEGO. BY WHICH WORKS TO COMBAT
00:12:23.943 --> 00:12:26.212
THE EVILS OF SEXUAL. TRAFFICKING
00:12:26.278 --> 00:12:27.079
SO.
00:12:27.146 --> 00:12:28.981
THANK YOU VERY MUCH AND WHO
00:12:29.048 --> 00:12:32.585
WOULD EVER LIKE TO. BEGIN LADIES
00:12:32.651 --> 00:12:33.819
FOR PARK HILL HAD DAMP THANK YOU
00:12:33.886 --> 00:12:35.287
MUCH AT MISTER SENATOR.
00:12:35.354 --> 00:12:36.322
IN WE WELCOME MR JOHNSON TO
00:12:36.388 --> 00:12:38.290
COMMITTEE OF TWO MINUTES HER AND
00:12:38.357 --> 00:12:41.026
THINK YOU FOR TRAVELING I'D AWAY
00:12:41.093 --> 00:12:43.929
FROM THE GREAT STATE OF GEORGIA.
00:12:43.996 --> 00:12:44.930
ALTHOUGH IT'S A GEORGIA THANK
00:12:44.997 --> 00:12:45.764
YOU SO MUCH
00:12:45.831 --> 00:12:46.599
THANK YOU SIR CHAIR MCGUIRE
00:12:46.665 --> 00:12:47.133
BONNEVILLE MEMBERS OF THE
00:12:47.199 --> 00:12:48.100
COMMITTEE. MY NAME STAND JOHNSON
00:12:48.167 --> 00:12:49.201
I'M THE EXECUTIVE DIRECTOR OF WE
00:12:49.268 --> 00:12:50.903
DO BETTER. WITH THE SPONSORS OF
00:12:50.970 --> 00:12:52.705
S. B. FORTUNE EIGHTY FIVE AND
00:12:52.771 --> 00:12:53.339
I'M HERE TO TESTIFY ON BEHALF OF
00:12:53.405 --> 00:12:54.273
THE BILL.
00:12:54.340 --> 00:12:55.407
WE'RE BIPARTISAN GROUP OF
00:12:55.474 --> 00:12:57.143
ACTIVISTS POLICY EXPERTS LEGAL
00:12:57.209 --> 00:12:58.077
PROFESSIONALS AND PUBLIC
00:12:58.144 --> 00:12:59.211
SERVICES ADVISORS FROM ALL WALKS
00:12:59.278 --> 00:13:00.813
OF LIFE.
00:13:00.880 --> 00:13:02.248
WE'RE BEST KNOWN FOR DISASTER
00:13:02.314 --> 00:13:03.149
RELIEF RESPONSE TO HURRICANE
00:13:03.215 --> 00:13:05.084
MARIA BUT WE HELPED OUR FELLOW
00:13:05.151 --> 00:13:06.118
AMERICANS IN FEDERICO IN THE U.
00:13:06.185 --> 00:13:07.353
S. B. I BY DELIVERING FOUR
00:13:07.419 --> 00:13:09.121
MILLION POUNDS OF RELIEF AID TO
00:13:09.188 --> 00:13:10.789
THE CARIBBEAN.
00:13:10.856 --> 00:13:12.691
IN JULY OF LAST YEAR I ALONG
00:13:12.758 --> 00:13:14.226
WITH VIDEOGRAPHER FLEW TO YOUR
00:13:14.293 --> 00:13:16.028
NEIGHBORING STATE ARIZONA TO
00:13:16.095 --> 00:13:16.929
LOOK AT THE ARIZONA CHART WILL
00:13:16.996 --> 00:13:18.397
CREDIT.
00:13:18.464 --> 00:13:20.399
AS WE TOURED THE STATE WE HEARD
00:13:20.466 --> 00:13:21.267
THE SAME STORY OVER AND OVER
00:13:21.333 --> 00:13:23.169
AGAIN SOMEONE WHO STRUGGLED WITH
00:13:23.235 --> 00:13:24.603
DRUG ABUSE FOR YEARS
00:13:24.670 --> 00:13:26.138
SHOW US HOW WHEN SHE ENTERED
00:13:26.205 --> 00:13:27.106
STEPS TO RECOVERY HOMES AND
00:13:27.173 --> 00:13:28.607
ARIZONA NONPROFIT.
00:13:28.674 --> 00:13:30.142
THEIR FOCUS ON A FULL PROGRAM
00:13:30.209 --> 00:13:31.877
INSTEAD OF A COUNSELING SESSION
00:13:31.944 --> 00:13:33.445
HELPED HER GET ON HER FEET. A
00:13:33.512 --> 00:13:34.713
FORMER EMPLOYEE OF THE ARIZONA
00:13:34.780 --> 00:13:36.015
DEPARTMENT OF REVENUE AT STAR
00:13:36.081 --> 00:13:37.516
EMERGENCY SHELTER.
00:13:37.583 --> 00:13:38.918
G. COSTLY RECEIVE CALLS FROM
00:13:38.984 --> 00:13:40.219
STATE EMPLOYEES TO TAKE A
00:13:40.286 --> 00:13:41.854
HOMELESS PERSON EN DURING SOME
00:13:41.921 --> 00:13:43.756
BRUTALLY COLD ARIZONA NIGHTS.
00:13:43.822 --> 00:13:44.957
AND ELDERLY KOREAN VETERAN
00:13:45.024 --> 00:13:46.392
SHOWED US HOW THE LOCAL HABITAT
00:13:46.458 --> 00:13:47.626
FOR HUMANITY BUILT IN A
00:13:47.693 --> 00:13:49.161
WHEELCHAIR RAMP AFTER WAITING
00:13:49.228 --> 00:13:50.629
FOR YEARS ON PUBLIC ASSISTANCE
00:13:50.696 --> 00:13:52.097
ALL.
00:13:52.164 --> 00:13:53.532
ELECTED OFFICIALS IN ARIZONA
00:13:53.599 --> 00:13:55.201
BACK THIS UP.
00:13:55.267 --> 00:13:56.068
BY THE END OF TWO THOUSAND
00:13:56.135 --> 00:13:57.303
SIXTEEN GOVERNOR DOUG DUCEY
00:13:57.369 --> 00:13:58.837
SIGNED A BIPARTISAN BILL DOUBLE
00:13:58.904 --> 00:14:00.206
THE CREDIT FROM TWO HUNDRED TO
00:14:00.272 --> 00:14:01.840
FOUR HUNDRED DOLLARS PER PERSON.
00:14:01.907 --> 00:14:03.442
WE SPOKE TO ARIZONA STATE
00:14:03.509 --> 00:14:05.010
SENATOR DEMOCRAT DAVID BRADLEY
00:14:05.077 --> 00:14:06.111
AND REPUBLICAN STATE SENATORS
00:14:06.178 --> 00:14:08.247
STEVE YARBOROUGH CO SPONSORS OF
00:14:08.314 --> 00:14:10.082
THAT DOUBLING. NAY LOVE TUG
00:14:10.149 --> 00:14:11.183
BROUGHT THEIR COMMUNITY TOGETHER.
00:14:11.250 --> 00:14:12.384
pFILLED IN THE GAPS IN STATE
00:14:12.451 --> 00:14:14.887
SERVICES AND THE MONEY WAS
00:14:14.954 --> 00:14:15.588
DIRECTED TO EFFECTIVE
00:14:15.654 --> 00:14:17.823
ORGANIZATIONS. THE DATA ALSO
00:14:17.890 --> 00:14:19.558
BACKS THAT UP. IN THE FIRST YEAR
00:14:19.625 --> 00:14:21.060
ABOUT TWO THOUSAND SEVEN HUNDRED
00:14:21.126 --> 00:14:23.128
TAXPAYERS TOOK ADVANTAGE OF THIS
00:14:23.195 --> 00:14:25.698
CREDIT. HOWEVER LAST YEAR OVER A
00:14:25.764 --> 00:14:26.999
HUNDRED AND THIRTY SIX THOUSAND
00:14:27.066 --> 00:14:28.367
TAXPAYERS TOOK ADVANTAGE OF THIS
00:14:28.434 --> 00:14:29.935
CREDIT AND SENT OVER FIFTY TWO
00:14:30.002 --> 00:14:31.203
MILLION DOLLARS TO THESE
00:14:31.270 --> 00:14:32.738
NONPROFIT ORGANIZATIONS.
00:14:32.805 --> 00:14:34.240
A STUDY FROM THE URBAN INSTITUTE
00:14:34.306 --> 00:14:36.008
FOUND THAT THIS INCREASED
00:14:36.075 --> 00:14:37.776
CHARITABLE DONATIONS BY AT LEAST
00:14:37.843 --> 00:14:42.448
DOUBLE IN THE FIRST FEW YEARS.
00:14:42.514 --> 00:14:43.515
THIS ALSO SAVES THE STATE
00:14:43.582 --> 00:14:45.484
REVENUE.
00:14:45.551 --> 00:14:48.220
ON A DIFFERENT SUBJECT BUT A.
00:14:48.287 --> 00:14:50.089
EDUCATION TAX CREDITS A
00:14:50.155 --> 00:14:51.890
SPECIFICALLY LIMITED EDUCATION
00:14:51.957 --> 00:14:53.525
THE OFFICE OF PRO PROGRAM POLICY
00:14:53.592 --> 00:14:54.627
ANALYSIS AND GOVERNMENT
00:14:54.693 --> 00:14:56.128
ACCOUNTABILITY OF PAKA IN
00:14:56.195 --> 00:14:57.596
FLORIDA FOUND THE BECAUSE OF
00:14:57.663 --> 00:14:58.797
MONEY SAVED THE STATE A
00:14:58.864 --> 00:15:00.299
CORPORATE SCHOLARSHIP TAX CREDIT
00:15:00.366 --> 00:15:01.767
ACTUALLY LEFT MORE MONEY IN THE
00:15:01.834 --> 00:15:03.302
STATE COFFERS THAN BEFORE.
00:15:03.369 --> 00:15:04.336
APPROXIMATELY ONE DOLLAR A
00:15:04.403 --> 00:15:05.704
DOLLAR AND THIRTY CENTS WAS
00:15:05.771 --> 00:15:07.706
SAVED BY THE STATE FOR EVERY
00:15:07.773 --> 00:15:09.241
DOLLAR TAKEN OUT BY THE CREDIT.
00:15:09.308 --> 00:15:10.643
MY TEAMMATE WE DO BETTER HAS RUN
00:15:10.709 --> 00:15:12.344
SIX NATIONAL NONPROFIT
00:15:12.411 --> 00:15:13.479
ORGANIZATIONS.
00:15:13.545 --> 00:15:15.180
THEY RANGE FROM CONSERVATIVE TO
00:15:15.247 --> 00:15:16.782
PROGRESSIVE AND AS YOU CAN SEE
00:15:16.849 --> 00:15:18.684
BY THE OVER FOURTEEN NONPROFITS
00:15:18.751 --> 00:15:20.019
THAT SUPPORTED THIS BROUGHT IN
00:15:20.085 --> 00:15:21.120
FRONT OF THE COMMITTEE. WE
00:15:21.186 --> 00:15:22.154
GATHER SUPPORT FROM ACROSS THE
00:15:22.221 --> 00:15:23.355
AISLE.
00:15:23.422 --> 00:15:24.657
I HAVE NEVER AND WE'VE NEVER
00:15:24.723 --> 00:15:27.059
SEEN BEFORE A DIVERSE COALITION
00:15:27.126 --> 00:15:29.094
ON AN ISSUE LIKE THIS.
00:15:29.161 --> 00:15:31.430
ANTI HUMAN TRAFFICKING ON
00:15:31.497 --> 00:15:32.765
PROFITS ADDICTION RECOVERY
00:15:32.831 --> 00:15:34.967
NONPROFITS TRANSITIONAL HOUSING
00:15:35.034 --> 00:15:36.535
DISASTER RELIEF AND MORE HAVE
00:15:36.602 --> 00:15:38.103
SUPPORTED THIS BILL. IN ADDITION
00:15:38.170 --> 00:15:39.805
REPUBLICAN GROUPS SUCH AS EAGLE
00:15:39.872 --> 00:15:40.939
FORUM AND PROGRESSIVE GROUPS
00:15:41.006 --> 00:15:42.508
LIKE PROXY VOTE AND EVEN THE
00:15:42.574 --> 00:15:44.443
MAYOR OF CALAMY SICK CALIFORNIA.
00:15:44.510 --> 00:15:45.811
HAVE COME OUT AND SAID THAT THEY
00:15:45.878 --> 00:15:47.746
WOULD LIKE TO SEE MORE CITIZENS
00:15:47.813 --> 00:15:49.281
GIVEN THE OPPORTUNITY TO SEND
00:15:49.348 --> 00:15:50.783
THEIR MONEY TO THE ORGANIZATIONS
00:15:50.849 --> 00:15:53.686
THAT DO BEST FOR THEIR COMMUNITY.
00:15:53.752 --> 00:15:55.254
THERE'S A POPULIST WAVE SWEEPING
00:15:55.321 --> 00:15:56.355
THE COUNTRY WHETHER YOU LOOK AT
00:15:56.422 --> 00:15:57.523
DONALD TRUMP OR YOU LOOK AT
00:15:57.589 --> 00:15:59.325
BERNIE SANDERS PEOPLE WANT MORE
00:15:59.391 --> 00:16:00.959
OF A SAY IN HOW THEIR GOVERNMENT
00:16:01.026 --> 00:16:02.428
OPERATES AND THEY WANT MORE OF A
00:16:02.494 --> 00:16:03.896
SAY IN HOW HUMAN NEEDS ARE
00:16:03.962 --> 00:16:05.230
DRESSED IN THEIR COMMUNITIES.
00:16:05.297 --> 00:16:06.031
AND WHETHER YOU LOOK AT THE
00:16:06.098 --> 00:16:07.433
GREAT ORGANIZATIONS HANDLING THE
00:16:07.499 --> 00:16:09.301
CALIFORNIA WILDFIRES SUCH AS YOU
00:16:09.368 --> 00:16:10.769
WERE INVOLVED WITH JERRY MCGUIRE.
00:16:10.836 --> 00:16:11.937
OR YOU LOOK AT.
00:16:12.004 --> 00:16:13.572
AN ORGANIZATION LIKE SAVED IN
00:16:13.639 --> 00:16:15.007
AMERICA WHICH RESCUES MISSING
00:16:15.074 --> 00:16:16.208
CHILDREN NINE DAYS.
00:16:16.275 --> 00:16:18.610
EACH AND ONLY A COST OF A
00:16:18.677 --> 00:16:19.611
THOUSAND OR NINE THOUSAND
00:16:19.678 --> 00:16:21.146
DOLLARS PER CHILD TO THE
00:16:21.213 --> 00:16:22.514
ORGANIZATION. THEIR
00:16:22.581 --> 00:16:23.849
ORGANIZATIONS IN CALIFORNIA THAT
00:16:23.916 --> 00:16:25.751
FILL IN THE NEEDS ALL ACROSS
00:16:25.818 --> 00:16:26.685
YOUR STATE.
00:16:26.752 --> 00:16:28.687
WHAT WE WOULD LIKE TO DO?
00:16:28.754 --> 00:16:30.222
HIS SAY YOU THE PEOPLE OF
00:16:30.289 --> 00:16:32.424
CALIFORNIA HAVE THE OPTION NOW
00:16:32.491 --> 00:16:34.460
TO DIRECT A SMALL AMOUNT OF YOUR
00:16:34.526 --> 00:16:36.628
TAXES TO THOSE ORGANIZATIONS
00:16:36.695 --> 00:16:38.397
HAVE A SAY IN YOUR GOVERNMENT
00:16:38.464 --> 00:16:39.932
HAVE A SAY IN PUBLIC SERVICES.
00:16:39.998 --> 00:16:42.034
AND SUPPORT THE ORGANIZATION'S
00:16:42.101 --> 00:16:42.968
MEETING HUMAN NEEDS THE PAST
00:16:43.035 --> 00:16:45.337
IN YOUR COMMUNITIES.
00:16:45.404 --> 00:16:46.305
THANK YOU SO MUCH AS A JOHNSON
00:16:46.372 --> 00:16:48.107
GRATEFUL YOU'RE HERE IN AGAIN WE
00:16:48.173 --> 00:16:49.375
ARE.
00:16:49.441 --> 00:16:51.110
I DEEPLY APPRECIATE TRAVELING A
00:16:51.176 --> 00:16:52.344
AS FAR AS YOU DID TO BE A
00:16:52.411 --> 00:16:53.579
CONTEST FIGHT TODAY THANK YOU SO
00:16:53.645 --> 00:16:55.514
MUCH. NOT GONNA BE TURNED OVER
00:16:55.581 --> 00:16:56.415
HIS MONTHLY WE DID I HAVE MISTER
00:16:56.482 --> 00:16:56.749
JOHNSON GO.
00:16:56.815 --> 00:16:58.250
LONGER THAN WHAT WE TYPICALLY
00:16:58.317 --> 00:16:59.952
DO JUST BECAUSE I HE TRAVELED SO
00:17:00.018 --> 00:17:01.286
FAR RESPONSE IN THE FLOOR SHORES
00:17:01.353 --> 00:17:04.223
AND WE WELCOME YOU TO COMMITTEE.
00:17:04.289 --> 00:17:05.391
THANK HIM.
00:17:05.457 --> 00:17:06.425
AND GOOD MORNING. I'M HERE AS A
00:17:06.492 --> 00:17:08.994
SURVIVOR OF SEX TRAFFICKING.
00:17:09.061 --> 00:17:11.096
TO TESTIFY ON BEHALF OF S. B.
00:17:11.163 --> 00:17:13.132
FOURTEEN EIGHTY FIVE.
00:17:13.198 --> 00:17:14.500
WHEN I WAS SIXTEEN I WAS LOST IN
00:17:14.566 --> 00:17:15.868
VULNERABLE DUE TO MY PARENTS
00:17:15.934 --> 00:17:17.336
DIVORCE
00:17:17.403 --> 00:17:18.470
AND THE SUBSEQUENT MOVE TO A NEW
00:17:18.537 --> 00:17:20.305
CITY.
00:17:20.372 --> 00:17:21.640
I WAS OUT OF MY ELEMENT AND NO
00:17:21.707 --> 00:17:23.375
LONGER HAVE LIFE LONG FRIENDS TO
00:17:23.442 --> 00:17:25.244
SUPPORT ME.
00:17:25.310 --> 00:17:27.246
I LOST THE STRUCTURE HAD GROWN
00:17:27.312 --> 00:17:29.882
UP WITH AND FELT UTTERLY ALONE.
00:17:29.948 --> 00:17:31.383
THEN I MET AN OLDER GUY I
00:17:31.450 --> 00:17:32.718
THOUGHT HECK I HAD FOUND SOMEONE
00:17:32.785 --> 00:17:33.752
WHO CARED FOR ME AND WHO I COULD
00:17:33.819 --> 00:17:35.587
TRUST.
00:17:35.654 --> 00:17:38.323
I WAS SO WRONG. I HAD BEEN DUPED
00:17:38.390 --> 00:17:39.758
LIKE SO MANY OTHER YOUNG WOMEN
00:17:39.825 --> 00:17:41.560
AND FOUND MYSELF COERCED INTO
00:17:41.627 --> 00:17:43.262
SEX TRAFFICKING.
00:17:43.328 --> 00:17:45.631
BY SOMEONE WHO WHO MY THOUGHT.
00:17:45.697 --> 00:17:47.466
HAD LET ME.
00:17:47.533 --> 00:17:50.035
THE IMPACT HAS BEEN LIFELONG.
00:17:50.102 --> 00:17:51.437
FORTUNATELY FOR ME I WASN'T
00:17:51.503 --> 00:17:52.438
TRAFFIC FOR LONG BEFORE I WAS
00:17:52.504 --> 00:17:54.339
ARRESTED.
00:17:54.406 --> 00:17:55.908
BEING ARRESTED WAS A BLESSING TO
00:17:55.974 --> 00:17:58.477
ME. AS IT GAVE ME TIME TO THINK
00:17:58.544 --> 00:18:00.913
ABOUT WHAT HAPPENED AWAY FROM
00:18:00.979 --> 00:18:03.348
THE CONTROL OF MY TRAFFICKER.
00:18:03.415 --> 00:18:05.284
I WAS ABLE TO STEP AWAY BEGIN TO
00:18:05.350 --> 00:18:07.286
START MY LIFE OVER.
00:18:07.352 --> 00:18:08.987
UNFORTUNATELY AFTER MY ARREST
00:18:09.054 --> 00:18:10.122
THERE WERE NO PROBLEM PROGRAMS
00:18:10.189 --> 00:18:12.491
TO HELP ME.
00:18:12.558 --> 00:18:14.092
I WITH MY RECOVERY AT THAT TIME
00:18:14.159 --> 00:18:15.327
INSTEAD I STRUGGLED WITH
00:18:15.394 --> 00:18:18.597
DEPRESSION PTSD. MY VALUE. AND
00:18:18.664 --> 00:18:21.033
MY SENSE OF SELF.
00:18:21.099 --> 00:18:24.636
WHO?
00:18:24.703 --> 00:18:26.572
UNTIL I RETURNED TO SCHOOL AND
00:18:26.638 --> 00:18:27.973
GOT INTO PSYCHOTHERAPY.
00:18:28.040 --> 00:18:29.274
THROUGH THIS WORK I LEARNED
00:18:29.341 --> 00:18:30.342
ABOUT SOME OF THE IMPORTANT
00:18:30.409 --> 00:18:32.110
PROVISIONS FOR SOMEONE IN
00:18:32.177 --> 00:18:34.079
RECOVERY FROM SEX TRAFFICKING.
00:18:34.146 --> 00:18:35.447
EVENTUALLY I GAINED MY BACHELORS
00:18:35.514 --> 00:18:37.082
OF SOCIAL WORK MY MASTERS OF
00:18:37.149 --> 00:18:39.218
SOCIAL WORK BECAME LICENSE TO
00:18:39.284 --> 00:18:41.153
THE AS A CLINICAL SOCIAL WORKER
00:18:41.220 --> 00:18:42.154
AND I BEGAN WORKING AS A
00:18:42.221 --> 00:18:43.856
THERAPIST.
00:18:43.922 --> 00:18:45.190
OVER THE YEARS I ALWAYS KNEW
00:18:45.257 --> 00:18:46.959
THAT SOMEHOW MY EXPERIENCE AS
00:18:47.025 --> 00:18:49.094
THE TRAFFICKING SURVIVOR WOULD
00:18:49.161 --> 00:18:51.096
COME TO BE USEFUL IN MY WORK.
00:18:51.163 --> 00:18:52.664
THEN TEN YEARS AGO I BEGAN
00:18:52.731 --> 00:18:54.433
MEETING WITH OTHERS WHO SAW SEX
00:18:54.500 --> 00:18:55.767
TRAFFICKING IS A HUGE ISSUE IN
00:18:55.834 --> 00:18:57.469
SAN DIEGO.
00:18:57.536 --> 00:19:00.005
WE KNEW ALONG WITH LOS ANGELES
00:19:00.072 --> 00:19:01.206
SAN FRANCISCO.
00:19:01.273 --> 00:19:03.208
THAT SAN DIEGO WAS IN THE TOP
00:19:03.275 --> 00:19:04.977
TEN CITIES NATIONWIDE FOR
00:19:05.043 --> 00:19:06.545
COMMERCIAL SEXUAL EXPLOITATION
00:19:06.612 --> 00:19:08.881
OF CHILDREN.
00:19:08.947 --> 00:19:10.616
WE ALSO KNEW THAT THERE WERE NO
00:19:10.682 --> 00:19:12.885
PROGRAMS IN SAN DIEGO TO HELP
00:19:12.951 --> 00:19:14.620
WOMEN ESCAPE IN THE SEX TRADE.
00:19:14.686 --> 00:19:16.655
THE COMBINING RESEARCH
00:19:16.722 --> 00:19:17.789
TRAINING AND MY EXPERIENCE
00:19:17.856 --> 00:19:19.024
WITHOUT A GENERATE HOPE AND
00:19:19.091 --> 00:19:21.326
OPENED OUR DOORS.
00:19:21.393 --> 00:19:22.594
THAT GENERATE HOPE WE WORK WITH
00:19:22.661 --> 00:19:24.263
WOMEN WHO'VE BEEN SEX TRAFFICKED
00:19:24.329 --> 00:19:26.365
WE PROVIDE RESIDENTIAL CARE IN A
00:19:26.431 --> 00:19:28.233
HOME LIKE SETTING. WHERE TO
00:19:28.300 --> 00:19:30.769
HOUSE MOM'S LIVE WITH THE WOMEN
00:19:30.836 --> 00:19:32.738
TO KEEP THINGS RUNNING SMOOTHLY?
00:19:32.804 --> 00:19:34.640
MONDAY THROUGH FRIDAY FROM NINE
00:19:34.706 --> 00:19:36.575
AM TO THREE PM THE WOMEN ATTEND
00:19:36.642 --> 00:19:38.410
OUR PROGRAM.
00:19:38.477 --> 00:19:39.711
WHICH IS ON THE SAME PROPERTY
00:19:39.778 --> 00:19:41.313
BUT IN A DIFFERENT BUILDING. WE
00:19:41.380 --> 00:19:42.614
HAVE A CREDENTIALED TEACHER ON
00:19:42.681 --> 00:19:43.916
STAFF WHO HELPS THE WOMEN
00:19:43.982 --> 00:19:46.818
LEARNED TO BE SCHOLARS.
00:19:46.885 --> 00:19:48.520
EARN THEIR HIGH SCHOOL DIPLOMAS
00:19:48.587 --> 00:19:49.521
AND PREPARE FOR COLLEGE OR TRADE
00:19:49.588 --> 00:19:51.189
SCHOOL.
00:19:51.256 --> 00:19:52.124
WE ALSO HAVE A THERAPIST ON
00:19:52.190 --> 00:19:53.926
STAFF.
00:19:53.992 --> 00:19:55.360
WHO WORKS ALONGSIDE AN INTERN
00:19:55.427 --> 00:19:56.828
FROM A LOCAL COLLEGE TO PROVIDE
00:19:56.895 --> 00:19:57.963
INDIVIDUAL AND GROUP
00:19:58.030 --> 00:19:59.998
PSYCHOTHERAPY TO HEAL THE TRAUMA
00:20:00.065 --> 00:20:02.134
OF THE SEX TRADE?
00:20:02.200 --> 00:20:03.635
WE HAVE ADJUNCT THERAPIES SUCH
00:20:03.702 --> 00:20:06.305
EQUINE THERAPY ART THERAPY YOGA
00:20:06.371 --> 00:20:08.373
DANCE PHOTOGRAPHY IN FINANCIAL
00:20:08.440 --> 00:20:10.809
LIDDED LITERACY. TO HELP WOMEN
00:20:10.876 --> 00:20:12.277
FIND THEIR PLACE IN THE WORLD.
00:20:12.344 --> 00:20:13.278
WE COLLABORATE WITH OUR
00:20:13.345 --> 00:20:15.547
COMMUNITY TO PROVIDE MEDICAL
00:20:15.614 --> 00:20:18.050
DENTAL AND PSYCHIATRIC CARE.
00:20:18.116 --> 00:20:19.952
ALONG WITH TATTOO REMOVAL AS
00:20:20.018 --> 00:20:21.153
MANY OF THE WOMEN ARE BRANDED BY
00:20:21.219 --> 00:20:23.422
THEIR TRAFFICKERS.
00:20:23.488 --> 00:20:25.223
WE ALSO HAVE ACUPUNCTURE AND
00:20:25.290 --> 00:20:27.326
CHIROPRACTIC COMING ALONG.
00:20:27.392 --> 00:20:28.827
IN SHORT WE PROVIDE A HOLISTIC
00:20:28.894 --> 00:20:30.596
HEALING SOLUTION TO HOLISTIC
00:20:30.662 --> 00:20:32.497
ISSUE.
00:20:32.564 --> 00:20:33.899
THE WOMEN WE SERVE ARE MOSTLY IN
00:20:33.966 --> 00:20:35.434
THEIR TWENTIES HAVING BEEN
00:20:35.500 --> 00:20:37.603
TRAFFIC SINCE FIFTEEN OR SIXTEEN
00:20:37.669 --> 00:20:39.237
WHICH IS THE AVERAGE AGE OF
00:20:39.304 --> 00:20:41.573
ENTRY INTO SEX TRAFFICKING.
00:20:41.640 --> 00:20:43.075
THEY ARE AMERICAN CITIZENS FOR
00:20:43.141 --> 00:20:45.110
THE MOST PART RECRUITED OUT OF
00:20:45.177 --> 00:20:47.412
OUR HIGH SCHOOLS MIDDLE SCHOOLS
00:20:47.479 --> 00:20:49.848
MALLS PUBLIC TRANSPORTATION
00:20:49.915 --> 00:20:52.217
FOSTER HOMES GROUPHOMES. OFF
00:20:52.284 --> 00:20:54.052
THE INTERNET AND ANYWHERE THAT
00:20:54.119 --> 00:20:56.054
YOUNG PEOPLE MAY HANG OUT.
00:20:56.121 --> 00:20:58.390
THERE ARE TRAFFIC OUT OF THE US
00:20:58.457 --> 00:21:00.258
OUT OF ANY U. S. CITY AND OFTEN
00:21:00.325 --> 00:21:01.793
MOVED AROUND TO KEEP THEM
00:21:01.860 --> 00:21:04.096
CONFUSED INDEPENDENT.
00:21:04.162 --> 00:21:05.797
THEY ARE MOST LIKELY BOYFRIEND
00:21:05.864 --> 00:21:07.599
IT IN BY AN OLDER MALE. AND
00:21:07.666 --> 00:21:09.067
PHYSICALLY SEXUALLY AND
00:21:09.134 --> 00:21:10.602
EMOTIONALLY ABUSED.
00:21:10.669 --> 00:21:12.938
TO KEEP THEM COMPLIANCE.
00:21:13.005 --> 00:21:14.306
THEY ARE OUR DAUGHTERS ARE
00:21:14.373 --> 00:21:15.941
SISTERS OUR NEIGHBORS OUR
00:21:16.008 --> 00:21:18.543
FRIENDS.
00:21:18.610 --> 00:21:19.578
AS WE WORK WITH THESE YOUNG
00:21:19.645 --> 00:21:21.213
WOMEN IT GENERATE HOPE WE ASSESS
00:21:21.279 --> 00:21:23.081
FOR PTSD MAJOR DEPRESSIVE
00:21:23.148 --> 00:21:25.751
DISORDER AND SELF ESTEEM. WHAT
00:21:25.817 --> 00:21:27.753
WE'VE FOUND IS THAT ALL SEX
00:21:27.819 --> 00:21:29.521
TRAFFICKED WOMEN COME IN WITH
00:21:29.588 --> 00:21:31.423
PTSD AT THE SAME LEVELOF
00:21:31.490 --> 00:21:35.661
RETURNING VIETNAM VETERANS?
00:21:35.727 --> 00:21:37.329
AND BOTH HAVE COME BACK IN SHAPE.
00:21:37.396 --> 00:21:38.797
MANY TRAFFICKED WOMEN ALSO HAVE
00:21:38.864 --> 00:21:40.098
MAJOR DEPRESSIVE DISORDER AND
00:21:40.165 --> 00:21:42.100
LOW SELF ESTEEM.
00:21:42.167 --> 00:21:43.535
HOWEVER AFTER GOING THROUGH OUR
00:21:43.602 --> 00:21:44.469
PROGRAM WOMEN HAVE SHOWN
00:21:44.536 --> 00:21:45.637
SIGNIFICANT IMPROVEMENT IN ALL
00:21:45.704 --> 00:21:47.472
AREAS.
00:21:47.539 --> 00:21:49.374
AFTER SIX TO TWELVE MONTHS WE'RE
00:21:49.441 --> 00:21:51.176
ABLE TO NEW PTSD DEPRESSION AND
00:21:51.243 --> 00:21:52.477
SELF ESTEEM INTO THE NORMAL
00:21:52.544 --> 00:21:54.613
RANGE.
00:21:54.680 --> 00:21:56.615
WOMEN ARE CHANGING GROWING AND
00:21:56.682 --> 00:21:58.383
DEVELOPING IT GENERATE HOPE.
00:21:58.450 --> 00:21:59.918
CELINE COLLEGE AT THE TOP OF
00:21:59.985 --> 00:22:01.653
THEIR CLASSES.
00:22:01.720 --> 00:22:03.355
THEY'RE MOVING ON TO NEW LIVES
00:22:03.422 --> 00:22:04.990
FREE FROM THE TRAUMA OF THE SEX
00:22:05.057 --> 00:22:06.692
TRADE AND REACHING THEIR DREAMS
00:22:06.758 --> 00:22:09.561
AND GOALS FOR THEIR NEW LIVES.
00:22:09.628 --> 00:22:10.896
THE COST TO IMPRISON AN
00:22:10.962 --> 00:22:12.964
INDIVIDUAL IN CALIFORNIA SEVENTY
00:22:13.031 --> 00:22:14.833
ONE THOUSAND DOLLARS A YEAR.
00:22:14.900 --> 00:22:16.568
WHILE THE COST FOR OUR PROGRAM
00:22:16.635 --> 00:22:18.737
IS APPROXIMATELY FIFTY THOUSAND
00:22:18.804 --> 00:22:20.605
PER WOMAN FOR YEAR.
00:22:20.672 --> 00:22:22.040
WITH THE HELP OF VOLUNTEERS
00:22:22.107 --> 00:22:23.275
ENDING ENGAGEMENT FROM OUR
00:22:23.341 --> 00:22:25.110
COMMUNITY THAT INCLUDES ALL THE
00:22:25.177 --> 00:22:27.312
THERAPY EDUCATION HOUSING FOOD
00:22:27.379 --> 00:22:28.080
CLOTHING AND ALL THEIR
00:22:28.146 --> 00:22:29.581
NECESSITIES.
00:22:29.648 --> 00:22:30.849
THAT'S ABOUT THE SAME IS PUTTING
00:22:30.916 --> 00:22:32.551
YOUR CHILD THROUGH A YEAR TO OF
00:22:32.617 --> 00:22:33.518
COLLEGE WHO ABOUT THIRTY SECONDS
00:22:33.585 --> 00:22:37.022
MA'AM.
00:22:37.089 --> 00:22:39.791
S. B. FOURTEEN EIGHTY FIVE THE
00:22:39.858 --> 00:22:41.293
CALIFORNIA WE DO BETTER BILL.
00:22:41.359 --> 00:22:42.694
COULD HELP CHANGE THAT BY
00:22:42.761 --> 00:22:44.563
ALLOWING PEOPLE IN CALIFORNIA TO
00:22:44.629 --> 00:22:46.064
DIRECT SOME OF THEIR TAX DOLLARS
00:22:46.131 --> 00:22:48.100
TO HELP SOLVE THE PROGRAM
00:22:48.166 --> 00:22:49.835
PROBLEM OF SEX TRAFFICKING.
00:22:49.901 --> 00:22:51.436
S. B. FOURTEEN EIGHTY FIVE WOULD
00:22:51.503 --> 00:22:53.638
ALSO HELP US TO NOT JUST TO STAY
00:22:53.705 --> 00:22:55.607
OPEN BUT TO EXPAND.
00:22:55.674 --> 00:22:58.176
THAT AND AND TREAT MORE WOMEN.
00:22:58.243 --> 00:22:59.978
S. B. FOURTEEN EIGHTY FIVE WOULD
00:23:00.045 --> 00:23:01.346
HELP OUR COMMUNITY GAUGE AT A
00:23:01.413 --> 00:23:02.948
GREATER LEVEL TREATED THE
00:23:03.014 --> 00:23:04.449
HOLISTIC NATURE THE ISSUE. WITH
00:23:04.516 --> 00:23:06.918
THE MULTIPLE PROVIDERS ENGAGED
00:23:06.985 --> 00:23:08.720
IN THE WORK OF REHABILITATION.
00:23:08.787 --> 00:23:10.355
REHABILITATION REQUIRES A MULTI
00:23:10.422 --> 00:23:12.357
PRONGED APPROACH.
00:23:12.424 --> 00:23:13.525
BECAUSE THE DAMAGE RUN SO DEEP
00:23:13.592 --> 00:23:15.560
AND WIDE.
00:23:15.627 --> 00:23:18.063
IMAGINE THE IMPACT OF THIS BILL
00:23:18.130 --> 00:23:19.731
TO OUR WORK I GENERATE HOPE.
00:23:19.798 --> 00:23:21.032
THESE CHARITABLE DOLLARS ARE
00:23:21.099 --> 00:23:23.702
INSTANTLY AT IMMEDIATELY HEALING
00:23:23.769 --> 00:23:25.670
IMPACT TO THE VICTIMS LIVES AND
00:23:25.737 --> 00:23:27.072
MEANT SAVINGS ON THE PUBLIC CARE
00:23:27.139 --> 00:23:28.573
SYSTEM.
00:23:28.640 --> 00:23:30.442
I ASK THE COMMITTEE TO PLEASE
00:23:30.509 --> 00:23:31.409
SERIOUSLY CONSIDER THE BENEFITS
00:23:31.476 --> 00:23:34.146
OF SP FOURTEEN EIGHTY FIVE. AND
00:23:34.212 --> 00:23:36.047
HELP US HELP SURVIVORS GET OUT
00:23:36.114 --> 00:23:37.849
OF THE SEX TRADE AND ON TOWARD
00:23:37.916 --> 00:23:40.218
THEIR LIFE JOURNEYS THANK YOU
00:23:40.285 --> 00:23:41.153
FOR YOUR TIME. THANKS SO MUCH
00:23:41.219 --> 00:23:42.220
FOR STRUGGLING AGAIN WANTING TO
00:23:42.287 --> 00:23:44.022
BE ABLE TO PROVIDE EACH OF THE
00:23:44.089 --> 00:23:45.390
WITNESSES SOME ADDITIONAL TIME
00:23:45.457 --> 00:23:47.092
AS THEY BOTH TRAVELED. OUT FROM
00:23:47.159 --> 00:23:48.393
FARM WHY TO BE A TO BE WITH US
00:23:48.460 --> 00:23:49.828
TODAY IN HOUSE ONCE A THANK YOU
00:23:49.895 --> 00:23:50.362
FOR TELLING YOUR PERSONAL
00:23:50.428 --> 00:23:52.764
STORIES WELL. ARE AND HOW YOU
00:23:52.831 --> 00:23:55.734
HAVE TURNED ABSOLUTE TRAGEDY AYE
00:23:55.801 --> 00:23:57.736
IN PROVIDING HOPE I IN A NEW
00:23:57.803 --> 00:23:58.904
LIFE FOR SO MANY AIMED AT VERY
00:23:58.970 --> 00:24:00.505
VERY GRATEFUL THANK YOU SO MUCH
00:24:00.572 --> 00:24:02.007
FOR BEIG HERE. WE'D LIKE TO BE
00:24:02.073 --> 00:24:04.209
ABLE TO NOW WELCOME ANYONE ELSE
00:24:04.276 --> 00:24:05.477
WHO'S IN SUPPORT OF THE BILL. AT
00:24:05.544 --> 00:24:06.545
THIS TIME IF YOU CAN PLEASE
00:24:06.611 --> 00:24:08.246
COMPORTED THE MICROPHONE WE ASK
00:24:08.313 --> 00:24:09.514
THE STATE YOUR FIRST AND LAST
00:24:09.581 --> 00:24:10.549
NAME AS WELL AS YOUR POSITION ON
00:24:10.615 --> 00:24:14.052
THE BILL OR LOOKING FOR SUPPORT
00:24:14.119 --> 00:24:14.886
IF YOU TO PLEASE COME FORWARD.
00:24:14.953 --> 00:24:17.255
BLESS YOU.
00:24:17.322 --> 00:24:17.856
BOB GLASCOFF FOR THOSE WHO ARE
00:24:17.923 --> 00:24:20.125
IN SUPPORT.
00:24:20.192 --> 00:24:21.493
WE NOW LIKELY TO SEE ANYONE
00:24:21.560 --> 00:24:22.360
WHO'S SUPPOSED IF YOU COULD
00:24:22.427 --> 00:24:24.462
PLEASE ADVANCED THIS TIME ANYONE
00:24:24.529 --> 00:24:27.499
HAS OPPOSE PLEASE ADVANCE.
00:24:27.566 --> 00:24:29.935
LAST CALL.
00:24:30.001 --> 00:24:31.269
IT'S BRING IT BACK TO COMMITTEE
00:24:31.336 --> 00:24:31.870
FOR QUESTIONS OR COMMENTS FOR
00:24:31.937 --> 00:24:33.104
THAT TO BE RECEIVED WITH ANY
00:24:33.171 --> 00:24:34.372
QUESTIONS OR COMMENTS FROM THE
00:24:34.439 --> 00:24:36.074
COMMITTEE CENTER MORE LUCK SIR.
00:24:36.141 --> 00:24:38.243
.
00:24:38.310 --> 00:24:39.477
I AM JUST CURIOUS.
00:24:39.544 --> 00:24:41.479
CINDERELLA BICU.
00:24:41.546 --> 00:24:42.614
BUT WE WE JUST DON'T KNOW WHAT
00:24:42.681 --> 00:24:43.949
THE IMPACTS ARE GOING TO BE A
00:24:44.015 --> 00:24:46.151
THE DISEASE AT THAT FEDERAL TAX.
00:24:46.218 --> 00:24:48.186
BILL IN DECEMBER AWARE A LOT OF
00:24:48.253 --> 00:24:49.287
PEOPLE WON'T EVEN GET A
00:24:49.354 --> 00:24:50.722
DEDUCTION AT ALL.
00:24:50.789 --> 00:24:52.490
FROM. MAKING CHARITABLE
00:24:52.557 --> 00:24:53.959
CONTRIBUTIONS.
00:24:54.025 --> 00:24:56.528
YOU KNOW HOW THIS WOULD FIT IN.
00:24:56.595 --> 00:24:57.929
YEAH HE'S.
00:24:57.996 --> 00:24:59.497
WORK WAS SEVEN DIFFERENT STATES
00:24:59.564 --> 00:25:01.366
I'M GONNA REFER TO MY EXPERT
00:25:01.433 --> 00:25:03.902
WHICH THE WITNESS HERE.
00:25:03.969 --> 00:25:05.170
I THINK YOUR QUESTION SORRY.
00:25:05.237 --> 00:25:07.038
.
00:25:07.105 --> 00:25:09.374
HOW?
00:25:09.441 --> 00:25:11.543
IS IT BETTER. OKAY.
00:25:11.610 --> 00:25:13.044
I THINK THE QUESTION SENATOR.
00:25:13.111 --> 00:25:15.313
ONE OF THE THINGS THAT IS NICE
00:25:15.380 --> 00:25:16.481
ABOUT THIS BECAUSE THIS IS NOT A
00:25:16.548 --> 00:25:18.250
DEDUCTION THIS IS A TAX CREDIT
00:25:18.316 --> 00:25:18.783
IS A DOLLAR FOR DOLLAR TAX
00:25:18.850 --> 00:25:19.918
CREDIT.
00:25:19.985 --> 00:25:21.853
THAT IT IS THOSE PEOPLE WHO DO
00:25:21.920 --> 00:25:23.922
NOT ITEMIZE IT IS THOSE PEOPLE
00:25:23.989 --> 00:25:24.522
WHO.
00:25:24.589 --> 00:25:26.324
USUALLY DO NOT TAKE THE
00:25:26.391 --> 00:25:28.159
CHARITABLE DEDUCTION THAT ARE
00:25:28.226 --> 00:25:30.228
USUALLY USING THIS CRAP.
00:25:30.295 --> 00:25:32.063
BECAUSE THEY ACTUALLY SIT DOWN
00:25:32.130 --> 00:25:33.265
IN FRONT OF THE KITCHEN TABLE
00:25:33.331 --> 00:25:34.866
AND NOW THAT THEY HAVE A DOLLAR
00:25:34.933 --> 00:25:36.635
FOR DOLLAR CREDIT TO LOOK AT.
00:25:36.701 --> 00:25:38.169
THEIR ACTUALLY CONSIDERING WHERE
00:25:38.236 --> 00:25:39.571
IS MY MONEY GOING AND WHERE DO I
00:25:39.638 --> 00:25:41.006
WANT MY MONEY TO GO THE BENEFIT
00:25:41.072 --> 00:25:43.408
IS SO MUCH HIGHER. FOR THEM AND
00:25:43.475 --> 00:25:45.777
FOR A HIGHER INCOME TAXPAYERS
00:25:45.844 --> 00:25:46.411
WHO USES THE CHARITABLE CREDIT
00:25:46.478 --> 00:25:48.513
ALREADY. BUT THEY'RE NOT GOING
00:25:48.580 --> 00:25:50.015
TO REALLY USE AN EXTRA FIVE
00:25:50.081 --> 00:25:50.782
HUNDRED DOLLARS.
00:25:50.849 --> 00:25:52.751
THEY'RE GOING TO PREFER TO TAKE
00:25:52.817 --> 00:25:55.153
THE. DEDUCTION OVER THOSE FIVE
00:25:55.220 --> 00:25:56.388
DOLLARS BECAUSE IT'LL BENEFIT
00:25:56.454 --> 00:25:57.622
THEM BETTER TAX WHAT.
00:25:57.689 --> 00:25:59.724
TO BE DONE ANY ANALYSIS.
00:25:59.791 --> 00:26:01.426
WE'VE DONE SOME ANALYSIS AYE IN
00:26:01.493 --> 00:26:03.895
ARIZONA AND GENERALLY FOUND THAT
00:26:03.962 --> 00:26:06.631
WHEN WE REMOVED THE ITEMIZING A
00:26:06.698 --> 00:26:09.234
REQUIREMENT IN ARIZONA WHICH
00:26:09.301 --> 00:26:11.603
USED TO REQUIRE YOU TO ITEMIZE.
00:26:11.670 --> 00:26:13.905
THE DONATIONS AND. TWO THOUSAND
00:26:13.972 --> 00:26:14.940
AND FIFTEEN OR THIRTY TWO
00:26:15.006 --> 00:26:16.141
MILLION THE NATION'S IN TWO
00:26:16.207 --> 00:26:18.176
THOUSAND SIXTEEN WHERE.
00:26:18.243 --> 00:26:19.945
WHERE THIRTY SIX MILLION THE
00:26:20.011 --> 00:26:21.579
NATION'S AND DOESN'T SIXTEEN
00:26:21.646 --> 00:26:23.515
WHERE FIFTY TWO MILLION SO IT
00:26:23.581 --> 00:26:24.249
WAS A NOTHING BECAUSE THE
00:26:24.316 --> 00:26:25.917
COMMUTER ITEMIZE OR TAKE THE
00:26:25.984 --> 00:26:26.851
CREDIT?
00:26:26.918 --> 00:26:28.320
AND THAT'S BECAUSE THEY COULD
00:26:28.386 --> 00:26:30.288
ITEMIZE OR TAKE THE CREDIT. BUT
00:26:30.355 --> 00:26:31.256
BACKGROUND I'M A CPA OKAY.
00:26:31.323 --> 00:26:33.325
.
00:26:33.391 --> 00:26:35.126
SO A DEDUCTION FOR A JOINT
00:26:35.193 --> 00:26:36.761
RETURN.
00:26:36.828 --> 00:26:38.163
YOU HAVE TAKE CONTRIBUTED ALMOST
00:26:38.229 --> 00:26:40.432
ELEVEN THOUSAND DOLLARS.
00:26:40.498 --> 00:26:42.534
TO GET A THOUSAND DOLLAR. CREDIT
00:26:42.600 --> 00:26:44.169
EQUIVALENT SO THAT.
00:26:44.235 --> 00:26:45.570
MAKES THINGS REAL INTERESTING
00:26:45.637 --> 00:26:47.772
ESPECIALLY NOW YOU DON'T TO DOT
00:26:47.839 --> 00:26:48.373
SO NOW YOU GOTTA GO THROUGH A
00:26:48.440 --> 00:26:49.507
GRID.
00:26:49.574 --> 00:26:51.543
IF I CAN DEDUCT FIVE MINUTE
00:26:51.609 --> 00:26:52.978
DEDUCTIONS TO GET IT.
00:26:53.044 --> 00:26:55.680
PRODUCTION ON MY SCHEDULE A OVER
00:26:55.747 --> 00:26:57.582
THE TEN FORTY THEN.
00:26:57.649 --> 00:26:59.184
I DON'T USE THIS CREDIT BUT IF I
00:26:59.250 --> 00:27:00.919
DON'T I JUST SAID THEN I'LL TRY
00:27:00.986 --> 00:27:02.554
AND TAKE THE CREDIT. I I JUST
00:27:02.620 --> 00:27:03.989
DON'T KNOW WHAT'S GOING TO
00:27:04.055 --> 00:27:05.490
HAPPEN WITH THIS TAX BILL.
00:27:05.557 --> 00:27:07.692
BECAUSE.
00:27:07.759 --> 00:27:09.327
NO MAYBE IT ENCOURAGES SMALL
00:27:09.394 --> 00:27:10.996
DONORS TO START GIVING.
00:27:11.062 --> 00:27:14.032
MAYBE IT DISCOURAGES BIG DONORS
00:27:14.099 --> 00:27:14.899
FROM GIVING IF THEY'RE IN THAT
00:27:14.966 --> 00:27:17.369
MIDDLE SECTION AND NONPROFIT
00:27:17.435 --> 00:27:19.304
START TO SEE A REAL DECLINE.
00:27:19.371 --> 00:27:21.172
IN CONTRIBUTIONS AND I I DON'T
00:27:21.239 --> 00:27:23.074
KNOW ABOUT WHERE THAT GOES INTO
00:27:23.141 --> 00:27:25.643
AN ADDRESS THIS YEAH LET ME
00:27:25.710 --> 00:27:26.044
FINISH MY NECK ON.
00:27:26.111 --> 00:27:27.412
.
00:27:27.479 --> 00:27:28.246
SO I HAVE A FEW MORE QUESTIONS
00:27:28.313 --> 00:27:28.446
SIR.
00:27:28.513 --> 00:27:29.581
THE.
00:27:29.647 --> 00:27:31.483
THE CONCERN I HAVE IS IS WE
00:27:31.549 --> 00:27:32.884
DON'T EVEN HAVE CONFORMITY BILLS
00:27:32.951 --> 00:27:34.386
OR ANYTHING.
00:27:34.452 --> 00:27:35.653
GOING ON OVER THE GOVERNOR'S
00:27:35.720 --> 00:27:37.622
GONNA DO IT MISTER CHAIR OF WERE
00:27:37.689 --> 00:27:40.058
GONNA DO. SOMETHING IS WE WE
00:27:40.125 --> 00:27:41.526
DEAL WITH THIS FEDERAL TAX BILL.
00:27:41.593 --> 00:27:43.428
SO JUST KIND OF AN INTERESTING
00:27:43.495 --> 00:27:45.663
THING ABOUT SO SO I GUESS MISTER
00:27:45.730 --> 00:27:47.132
JOHNSON ADDED. TO YOU
00:27:47.198 --> 00:27:49.234
SPECIFICALLY WHAT'S THE
00:27:49.300 --> 00:27:51.603
BACKSTORY WITH ARIZONA WHAT.
00:27:51.669 --> 00:27:52.170
WHAT PROMPTED?
00:27:52.237 --> 00:27:54.172
THIS IDEA.
00:27:54.239 --> 00:27:56.207
SO THE IDEA WAS THAT THE BILL
00:27:56.274 --> 00:27:57.442
WAS INTRODUCED AND SIGNED IN
00:27:57.509 --> 00:27:59.244
NINETEEN NINETY SEVEN.
00:27:59.310 --> 00:28:00.578
AND THAT WAS WHEN.
00:28:00.645 --> 00:28:01.713
WELFARE REFORM WAS KIND OF
00:28:01.780 --> 00:28:03.415
SWEEPING THE COUNTRY.
00:28:03.481 --> 00:28:05.984
AND SO THE IDEA IN ARIZONA WAS A
00:28:06.051 --> 00:28:07.852
THAT IF THESE DOLLARS ARE GOING
00:28:07.919 --> 00:28:09.287
O GO INTO THESE PROGRAMS ANYWAY
00:28:09.354 --> 00:28:10.755
THAT WE SHOULD BE ABLE TO DIRECT
00:28:10.822 --> 00:28:13.425
IT TO. KIND OF A WIDER ARRAY OF
00:28:13.491 --> 00:28:15.226
SERVICES THAN JUST STATE PROVIDE
00:28:15.293 --> 00:28:17.295
WELFARE TO ADDRESS THE VARIOUS
00:28:17.362 --> 00:28:18.830
INDIVIDUAL NEEDS OF PEOPLE.
00:28:18.897 --> 00:28:20.298
AND SO THAT WAS INTRODUCED.
00:28:20.365 --> 00:28:21.699
AND SIGNED BY THE GOVERNOR THE
00:28:21.766 --> 00:28:23.635
SENIOR.
00:28:23.701 --> 00:28:25.670
AND DID THAT.
00:28:25.737 --> 00:28:27.939
ADD TO THEIR PROGRAMS OR WAS WHO
00:28:28.006 --> 00:28:30.408
WAS THE STATE OF ARIZONA THEN.
00:28:30.475 --> 00:28:31.242
PERMITTED IN THE SENSE TO REDUCE
00:28:31.309 --> 00:28:32.944
THEIR FUNDING TO THOSE
00:28:33.011 --> 00:28:34.779
PARTICULAR NONPROFIT A THE STATE
00:28:34.846 --> 00:28:36.548
OF ARIZONA HAS BEEN PERMITTED TO
00:28:36.614 --> 00:28:38.083
REDUCE THEIR FUNDING TO VARIOUS
00:28:38.149 --> 00:28:39.017
PUBLIC SERVICES.
00:28:39.084 --> 00:28:40.618
BUT THEY HAVE NOT.
00:28:40.685 --> 00:28:42.854
THE CREDIT HAS SIMPLY ADDED
00:28:42.921 --> 00:28:45.356
MORE TO THE SERVICES THUS FAR.
00:28:45.423 --> 00:28:46.524
AND THEN WHERE DO YOU COME UP
00:28:46.591 --> 00:28:48.026
WITH THE ANALYSIS THAT FOR EVERY
00:28:48.093 --> 00:28:50.128
DOLLAR GIVEN TO A NONPROFIT THE
00:28:50.195 --> 00:28:52.230
STATE SAVE DOLLAR THIRTY.
00:28:52.297 --> 00:28:54.399
THAT'S FROM THE.
00:28:54.466 --> 00:28:55.767
OFFICE OF PROGRAM POLICY
00:28:55.834 --> 00:28:56.935
ANALYSIS AND GOVERNMENT
00:28:57.001 --> 00:28:57.502
ACCOUNTABILITY IN FLORIDA IT
00:28:57.569 --> 00:28:59.070
AGAIN.
00:28:59.137 --> 00:29:00.839
BUT IT IS TOPANGA IT IS THE
00:29:00.905 --> 00:29:03.274
OFFICE OF PROGRAM POLICY
00:29:03.341 --> 00:29:05.143
ANALYSIS AND GOVERNMENT
00:29:05.210 --> 00:29:06.177
ACCOUNTABILITY.
00:29:06.244 --> 00:29:08.413
IN FLORIDA.
00:29:08.480 --> 00:29:10.582
WHAT IS A FLORIDA CARE?
00:29:10.648 --> 00:29:12.517
WAS WHAT WAITED WISE'S
00:29:12.584 --> 00:29:14.018
ORGANIZATION OUT OF FLORIDA.
00:29:14.085 --> 00:29:15.120
THAT THEY WERE ASKED TO LOOK AT
00:29:15.186 --> 00:29:16.154
OURS ARIZONA.
00:29:16.221 --> 00:29:17.555
THEIR STATE AGENCY.
00:29:17.622 --> 00:29:19.924
IN FLORIDA AND FLORIDA HAS A
00:29:19.991 --> 00:29:21.593
CREDIT SIMILAR TO THIS BUT
00:29:21.659 --> 00:29:23.728
SPECIFICALLY FOR EDUCATION THAT
00:29:23.795 --> 00:29:27.432
THEY LOOKED AT.
00:29:27.499 --> 00:29:29.601
OKAY I THINK THOSE ARE ALL MY.
00:29:29.667 --> 00:29:31.336
QUESTIONS RESEARCHER THANK YOU
00:29:31.402 --> 00:29:32.103
THANK YOU SO MUCH ANYMORE LUCK
00:29:32.170 --> 00:29:34.105
IF WE CAN GO INTO THE FLORIDA
00:29:34.172 --> 00:29:34.706
THE VICE CHAIR IN THE MORNING
00:29:34.772 --> 00:29:35.673
VICE CHAIR.
00:29:35.740 --> 00:29:37.609
THANK THANK YOU MISTER CHAIRMAN.
00:29:37.675 --> 00:29:41.246
OF SENATOR MORLOCK I'M MORALE
00:29:41.312 --> 00:29:42.380
HOOPS OR HE. THOROUGH I'VE YOU
00:29:42.447 --> 00:29:44.649
KNOW WE'VE SEEN MANY TAX CREDIT
00:29:44.716 --> 00:29:46.518
BILLS THIS YEAR. ON EACH
00:29:46.584 --> 00:29:48.086
ABSOLUTE A HAVE A VERY GOOD
00:29:48.153 --> 00:29:50.155
BECAUSE I MYSELF ABOUT THE TWO
00:29:50.221 --> 00:29:51.456
OF THEM.
00:29:51.523 --> 00:29:52.490
AND CAN YOU KIND OF WALK ME
00:29:52.557 --> 00:29:53.992
THROUGH ON HOW YOUR BILL TO
00:29:54.058 --> 00:29:55.727
INCREASE OF TAX CREDITS FOR
00:29:55.793 --> 00:29:57.362
CONTRIBUTIONS NONPROFIT.
00:29:57.428 --> 00:29:58.596
CHARITIES WOULD ACTUALLY HELP
00:29:58.663 --> 00:30:00.565
OUR COMMUNITIES YEAH THANK YOU
00:30:00.632 --> 00:30:01.866
THANK YOU SENATOR WENT. YOU KNOW
00:30:01.933 --> 00:30:03.935
ON.
00:30:04.002 --> 00:30:06.704
SINCE I'VE BEEN IN THE SENATE.
00:30:06.771 --> 00:30:09.174
BOB YOU KNOW YOU READ STUDIES I
00:30:09.240 --> 00:30:10.308
THINK THE HOOVER INSTITUTE DID A.
00:30:11.910 --> 00:30:13.945
STUDY ONE TIME. THAT SAID.
00:30:14.512 --> 00:30:16.681
TOP UNDER CHARITIES IN AMERICA
00:30:16.748 --> 00:30:16.881
GIVE.
00:30:16.948 --> 00:30:18.550
EIGHTY FIVE CENTS ON THE DOLLAR
00:30:18.616 --> 00:30:20.351
YOU DONATE TO THEM ACTUALLY GETS
00:30:20.418 --> 00:30:22.053
IN THE HANDS OF THE PEOPLE THEY
00:30:22.120 --> 00:30:24.822
WANT TO HELP AGAIN RED CROSSES
00:30:24.889 --> 00:30:25.990
IT NINETY PERCENT I THINK A.
00:30:26.057 --> 00:30:28.560
SALVATION ARMY IS THAT EIGHTY
00:30:28.626 --> 00:30:30.628
SEVEN PERCENT AND ARE YOU KNOW
00:30:30.695 --> 00:30:31.896
THEIR CHRISTMAS TIME YOU SEE
00:30:31.963 --> 00:30:32.997
THOSE GUYS OUT THERE. WITH THE
00:30:33.064 --> 00:30:34.832
RED.
00:30:34.899 --> 00:30:36.134
SUITS MANY OF THOSE GUYS ARE
00:30:36.201 --> 00:30:38.436
JUST VOLUNTEERS AND AND SO
00:30:38.503 --> 00:30:40.572
THAT'S GREAT WHEN.
00:30:40.638 --> 00:30:42.840
YOU GIVE TO OUR. ORGANIZATION
00:30:42.907 --> 00:30:44.709
YOU WANT BECAUSE TYPICALLY
00:30:44.776 --> 00:30:46.811
CITIZENS.
00:30:46.878 --> 00:30:48.713
DO NOT GIVE FOR POLITICAL
00:30:48.780 --> 00:30:49.714
REASONS THEY GIVE FROM THEIR
00:30:49.781 --> 00:30:51.716
HEART YOU SEE AND THEY TARGET
00:30:51.783 --> 00:30:53.484
THOSE THINGS IT SORTA THAT THEY
00:30:53.551 --> 00:30:55.386
WANT TO HELP. IN AGAIN SINCE
00:30:55.453 --> 00:30:57.188
I'VE BEEN IN THE SENATE AND IN
00:30:57.255 --> 00:30:58.957
THE ASSEMBLY I'VE SEEN HOW
00:30:59.023 --> 00:31:00.792
GOVERNMENT YOU KNOW WE PAY SOME
00:31:00.858 --> 00:31:02.527
BIG DOLLARS FOR ADMINISTRATORS
00:31:02.594 --> 00:31:04.028
IN THAT KIND OF THING AND SO. ON
00:31:04.095 --> 00:31:05.330
THERE'S BEEN SOME STUDIES DONE
00:31:05.396 --> 00:31:07.232
IT IT'S PRETTY TOUGH TO TO GET
00:31:07.298 --> 00:31:08.566
FORTY CENTS ON THE DOLLAR AND
00:31:08.633 --> 00:31:10.335
EVEN FIFTY LET ALONE FIFTY CENTS
00:31:10.401 --> 00:31:11.936
ON THE DOLLAR. BOMB INTO THE
00:31:12.003 --> 00:31:13.304
PEOPLE'S HANDS WHO WE WANT TO
00:31:13.371 --> 00:31:14.405
REALLY HELP BECAUSE THERE'S SO
00:31:14.472 --> 00:31:16.174
MUCH ADMINISTRATION FEES AND SO
00:31:16.241 --> 00:31:18.243
THIS TAKES SOME. OF THE PRESSURE
00:31:18.309 --> 00:31:19.911
OFF OF GOVERNMENT. AND.
00:31:19.978 --> 00:31:22.513
IN. YOU KNOW THE TRACK RECORD
00:31:22.580 --> 00:31:24.115
OF ALL CITIES CHARITY SEEM TO BE
00:31:24.182 --> 00:31:25.483
MORE EFFICIENT AND MORE
00:31:25.550 --> 00:31:26.284
EFFECTIVE.
00:31:26.351 --> 00:31:28.586
WITH THE MONEY THAT IS GIVEN TO
00:31:28.653 --> 00:31:30.655
THEM THEN GOVERNMENT DOESN'T SO.
00:31:30.722 --> 00:31:32.624
I THINK THAT'S A BIG IMPORTANT
00:31:32.690 --> 00:31:33.424
KEY.
00:31:33.491 --> 00:31:35.293
EFFICIENCY WITH THE CITIZENS
00:31:35.360 --> 00:31:37.695
MONEY BUT ALSO I THINK IT'S
00:31:37.762 --> 00:31:39.831
GREAT WHEN CITIZENS HAVE THE
00:31:39.897 --> 00:31:41.266
ABILITY TO TAKE OWNERSHIP AND
00:31:41.332 --> 00:31:42.367
SOMETHING YOU KNOW WE PAY OUR
00:31:42.433 --> 00:31:43.868
TAXES AND THEN. YOU KNOW THE
00:31:43.935 --> 00:31:45.103
GOVERNMENT DECIDES WHERE THAT
00:31:45.169 --> 00:31:46.971
MONEY GOES IN THIS PARTICULAR
00:31:47.038 --> 00:31:48.473
CASE A CITIZENS GET TO
00:31:48.539 --> 00:31:50.008
PARTICIPATE THEIR PART OF THE
00:31:50.074 --> 00:31:51.943
THE THING AND. AND I THINK
00:31:52.010 --> 00:31:53.278
THAT'S GOOD BECAUSE QUITE OFTEN
00:31:53.344 --> 00:31:54.345
WHEN PEOPLE GIVE TO AN
00:31:54.412 --> 00:31:56.314
ORGANIZATION THEY'LL ALSO SHOW
00:31:56.381 --> 00:31:59.150
UP TO HELP. AND SO ON AND I
00:31:59.217 --> 00:31:59.917
THINK.
00:31:59.984 --> 00:32:01.686
CHARITABLE INVOLVEMENT.
00:32:01.753 --> 00:32:03.788
IN YOUR COMMUNITY AND NONPROFITS
00:32:03.855 --> 00:32:05.390
CHURCHES AND CHARITIES I THINK
00:32:05.456 --> 00:32:07.592
BOMB VIDEOS GOOD FOR OUR SOULS
00:32:07.659 --> 00:32:10.094
AND AND SO THAT WAY. IT REMOVE
00:32:10.161 --> 00:32:11.296
SORT OF GOVERNMENT OUT OF THE
00:32:11.362 --> 00:32:12.597
WAY AND IT GIVES PEOPLE A CHANCE
00:32:12.664 --> 00:32:14.132
TO ACTUALLY GET INVOLVED AND SO
00:32:14.198 --> 00:32:15.867
THAT'S THAT'S WHY WE DID THIS
00:32:15.933 --> 00:32:16.467
AGAIN BECAUSE I THINK PLEASE
00:32:16.534 --> 00:32:18.836
PEOPLE. DON'T MAKE DECISIONS
00:32:18.903 --> 00:32:20.905
WHEN THEY GIVE BASED ON THEIR.
00:32:20.972 --> 00:32:21.773
POLITICS A DO IT FROM THEIR
00:32:21.839 --> 00:32:23.541
HEART. AND SO WE WANT PEOPLE
00:32:23.608 --> 00:32:25.510
ABILITY TO DO THAT BUT ALSO WE
00:32:25.576 --> 00:32:27.445
WANT THESE AYE NONPROFITS AND
00:32:27.512 --> 00:32:29.213
CHARITIES TO PROSPER WE WANT
00:32:29.280 --> 00:32:30.815
THEM TO DO WELL WE WANT THEM TO
00:32:30.882 --> 00:32:33.384
THRIVE. BECAUSE BOMB SUSAN'S
00:32:33.451 --> 00:32:35.486
ORGANIZATION HIS PRODUCE ANY
00:32:35.553 --> 00:32:36.688
RESULTS.
00:32:36.754 --> 00:32:37.789
YOU KNOW THERE'S MEASURABLE
00:32:37.855 --> 00:32:39.524
RESULTS THAT THEY'RE PRODUCING
00:32:39.590 --> 00:32:41.826
HELPING THESE WOMEN. TO TRY TO
00:32:41.893 --> 00:32:44.128
GET THEIR LIVES BACK TO NORMAL
00:32:44.195 --> 00:32:45.496
AFTER THEY WERE.
00:32:45.563 --> 00:32:48.232
TAKEN ADVANTAGE OF AND SO AGAIN.
00:32:48.299 --> 00:32:50.968
I LIKE GIVEN TO ORGANIZATIONS
00:32:51.035 --> 00:32:52.970
THAT PRODUCE RESULTS AND.
00:32:53.037 --> 00:32:54.272
AND THAT'S WHEN THE RESULT LIKE
00:32:54.339 --> 00:32:55.606
BILL BECAUSE JOHN AND I CAN GIVE
00:32:55.673 --> 00:32:56.941
TO DIFFERENT PLACES WERE VERY
00:32:57.008 --> 00:32:59.043
CAREFUL ON WHO WE GIVE HIM
00:32:59.110 --> 00:33:00.445
BECAUSE WE WOULD LIKE TO SEE.
00:33:00.511 --> 00:33:02.613
THAT WE GET OUR MONEY'S WORTH.
00:33:02.680 --> 00:33:04.248
THANK YOU AYE AYE PAUSES I THINK
00:33:04.315 --> 00:33:06.517
HE CAME IN AFTER YOU'VE SPOKE.
00:33:06.584 --> 00:33:08.920
AFTER YOU SPOKE GRAY BUT A LOT
00:33:08.986 --> 00:33:11.189
FOR WHERE I READ YOU'RE NOT
00:33:11.255 --> 00:33:13.091
TAKING THE SUGGESTED AMENDMENTS.
00:33:13.157 --> 00:33:14.125
ON TO DECREASE THE
00:33:14.192 --> 00:33:15.727
INCOMPRESSIBLE OF.
00:33:15.793 --> 00:33:18.029
WHAT I WHY IS THE AND THE ASHES
00:33:18.096 --> 00:33:20.198
IT TO THE INC TO DECREASE INCOME
00:33:20.264 --> 00:33:21.432
THRESHOLD FOR THE LOWER INCOME
00:33:21.499 --> 00:33:22.500
INDIVIDUALS?
00:33:22.567 --> 00:33:23.601
WHO COULD TAKE ADVANTAGE OF THIS
00:33:23.668 --> 00:33:26.070
PROGRAM WHAT WHY IS THAT WHY
00:33:26.137 --> 00:33:26.637
WOULD YOU TAKE THE SUGGESTED
00:33:26.704 --> 00:33:28.773
AMENDMENTS? ONE THING WE WANT I
00:33:28.840 --> 00:33:31.442
DID YOU KNOW WE WANT PEOPLE TO.
00:33:31.509 --> 00:33:32.844
WHO MAKE MORE THAN FORTY
00:33:32.910 --> 00:33:33.878
THOUSAND A YEAR?
00:33:33.945 --> 00:33:36.013
YOU KNOW PERSON WHO MAKES
00:33:36.080 --> 00:33:37.348
EIGHTY THOUSAND A YEAR PROBABLY
00:33:37.415 --> 00:33:37.982
IS GOING TO HAVE THE ABILITY TO
00:33:38.049 --> 00:33:39.450
GIVE.
00:33:39.517 --> 00:33:40.651
BETTER THAN PERSON FORTY
00:33:40.718 --> 00:33:41.986
THOUSAND SO WE TO STOP THOUGH
00:33:42.053 --> 00:33:43.421
STRUCTURE CLOSER TOO LOW ONE
00:33:43.488 --> 00:33:44.889
OPEN IT UP.
00:33:44.956 --> 00:33:47.091
HE NOW OPPORTUNITY FOR ALL IN.
00:33:47.158 --> 00:33:49.260
HANNAH.
00:33:49.327 --> 00:33:51.696
AND THAT SORT OF THING SO.
00:33:51.763 --> 00:33:53.631
THANK YOU THEY'RE WELCOME THANK
00:33:53.698 --> 00:33:56.734
YOU FOR THAT QUESTION.
00:33:56.801 --> 00:33:57.301
I THINK IT'S MUCH BETTER BY
00:33:57.368 --> 00:33:58.936
STIRRING OF THE QUESTIONS.
00:33:59.003 --> 00:34:00.471
SO I DO APPRECIATE IT CENTER
00:34:00.538 --> 00:34:02.707
MORALES WORK A ON THIS BILL
00:34:02.774 --> 00:34:04.041
DISICK COUPLE OF COMMENTS AND
00:34:04.108 --> 00:34:05.109
ALWAYS ENJOYED WORKING WITH
00:34:05.176 --> 00:34:06.744
CENTER MORALE AND ALSO
00:34:06.811 --> 00:34:08.713
APPRECIATE HIS DESIRE. TIED TO
00:34:08.780 --> 00:34:09.480
BE ABLE TO INCREASE CHARITABLE
00:34:09.547 --> 00:34:11.649
GIVING I THINK THAT WE ALL HAVE
00:34:11.716 --> 00:34:11.916
THAT AND.
00:34:11.983 --> 00:34:13.050
.
00:34:13.117 --> 00:34:14.552
THE I THINK TO CHALLENGE THE
00:34:14.619 --> 00:34:15.953
COMMITTEES HAD IS THAT THE
00:34:16.020 --> 00:34:18.222
COMMITTEE DANCED A VERY MODRATE
00:34:18.289 --> 00:34:19.824
AMENDMENTS.
00:34:19.891 --> 00:34:21.859
I'M TO THE BILL BUTTON IN SD
00:34:21.926 --> 00:34:23.428
FORTY FIVE.
00:34:23.494 --> 00:34:25.830
SHIFTS MORE THAN THREE AND A
00:34:25.897 --> 00:34:27.265
HALF BILLION DOLLARS IN ITS
00:34:27.331 --> 00:34:29.333
CURRENT FORM ANNUALLY FROM STATE
00:34:29.400 --> 00:34:31.068
FUNDED PROGRAMS.
00:34:31.135 --> 00:34:32.270
LIKE LAW ENFORCEMENT IN
00:34:32.336 --> 00:34:34.806
EDUCATION DEPRIVE CHAIRED A
00:34:34.872 --> 00:34:35.907
BECAUSE IT WOULD IMPACT THE
00:34:35.973 --> 00:34:38.075
GENERAL FUND. WITH NO PLAN TO BE
00:34:38.142 --> 00:34:39.911
ABLE TO PLUG THE DEFICIT THAT
00:34:39.977 --> 00:34:41.546
THIS WOULD POTENTIALLY CREATE. A
00:34:41.612 --> 00:34:43.247
AND I WILL BE THE FIRST TO BE A
00:34:43.314 --> 00:34:44.715
TO SAY THAT NON PROFITS IN
00:34:44.782 --> 00:34:46.250
UPDATE BASED ORGANIZATIONS HERE
00:34:46.317 --> 00:34:48.419
IN THE GOLDEN STATE PLAY A VITAL
00:34:48.486 --> 00:34:50.421
ROLE IN IMPORTANT ROLE. HIGH IN
00:34:50.488 --> 00:34:52.490
OUR SOCIETY WHICH IS WHY THIS
00:34:52.557 --> 00:34:53.958
STATE PROUDLY OFFERS A
00:34:54.025 --> 00:34:55.493
CHARITABLE CONTRIBUTION
00:34:55.560 --> 00:34:57.128
DEDUCTION SEVERAL OF THEM. BUT
00:34:57.195 --> 00:34:59.497
IN CAN WE DO BETTER ABSOLUTELY
00:34:59.564 --> 00:35:00.531
HOPE WHICH IS WHY IN GOOD FAITH
00:35:00.598 --> 00:35:02.567
WE. HAVE BEEN WORKING WITH THE
00:35:02.633 --> 00:35:04.068
SENATOR'S OFFICE TO BE ABLE TO
00:35:04.135 --> 00:35:06.137
OFFER AMENDMENTS TO BE A TO KEEP
00:35:06.204 --> 00:35:07.672
THIS BILL MOVING.
00:35:07.738 --> 00:35:08.673
ON IN THE TO AMENDMENTS WERE TO
00:35:08.739 --> 00:35:10.074
ADD IN INCOME LIMITATION FOR
00:35:10.141 --> 00:35:11.943
THOSE WHO CAN QUALIFY FOR THIS
00:35:12.009 --> 00:35:13.611
CREDIT AND YOU DECREASE THE
00:35:13.678 --> 00:35:15.346
DOLLAR FOR DOLLAR ONE FOR ONE
00:35:15.413 --> 00:35:16.647
CREDIT TO TWENTY PERCENT.
00:35:16.714 --> 00:35:18.082
SO THE CONTRIBUTION LEVELS WOULD
00:35:18.149 --> 00:35:19.450
BE FORTY THOUSAND DOLLARS SINGLE
00:35:19.517 --> 00:35:21.185
EIGHTY THOUSAND DOLLARS.
00:35:21.252 --> 00:35:23.087
AT MARRIED COUPLE IT'S VERY
00:35:23.154 --> 00:35:24.155
IMPORTANT TO BE ABLE TO TAKE A
00:35:24.222 --> 00:35:26.524
LOOK AT A FAMILY OF FOUR IN THE
00:35:26.591 --> 00:35:28.593
SAN FRANCISCO BAY AREA. IS SIXTY
00:35:28.659 --> 00:35:30.728
FOUR THOUSAND DOLLARS.
00:35:30.795 --> 00:35:31.395
SO.
00:35:31.462 --> 00:35:35.800
BOTH AMENDMENTS WOULD HAVE A.
00:35:35.867 --> 00:35:37.168
REDUCE THE STATE'S REVENUE LOSS.
00:35:37.235 --> 00:35:39.003
WHILE STILL ENCOURAGING BOTH
00:35:39.070 --> 00:35:40.872
LOWER AND MODERATE INCOME
00:35:40.938 --> 00:35:42.440
TAXPAYERS TO BE ABLE TO DONATE
00:35:42.507 --> 00:35:44.408
TO PRIVATE CHAIRED.
00:35:44.475 --> 00:35:45.877
IN BEING HONEST.
00:35:45.943 --> 00:35:48.045
WE.
00:35:48.112 --> 00:35:49.981
I FROM THE AIR OFFICE YOU DID
00:35:50.047 --> 00:35:50.982
NOT WANT TO TAKE THEM THAT MEANS
00:35:51.048 --> 00:35:52.483
WHETHER IT'S A REPUBLICAN OR
00:35:52.550 --> 00:35:54.051
DEMOCRAT THAT'S COMING FORWARD.
00:35:54.118 --> 00:35:55.586
AT THERE'S ALWAYS SOME TYPE OF
00:35:55.653 --> 00:35:57.188
BACK AND FORTH OUT WITH THE
00:35:57.255 --> 00:35:58.956
COMMITTEE ON IT WE DO NOT HAVE
00:35:59.023 --> 00:36:00.925
ANY FROM YOUR OFFICE.
00:36:00.992 --> 00:36:02.793
SO BOTH AMENDMENTS WERE REJECTED
00:36:02.860 --> 00:36:04.328
A REJECTED BUT WHICH IS WHY
00:36:04.395 --> 00:36:05.997
CAN'T SUPPORT A SENATE BILL
00:36:06.063 --> 00:36:06.998
FOURTEEN EIGHTY FIVE IN ITS
00:36:07.064 --> 00:36:09.467
CURRENT FORM AGAIN I THINK THAT.
00:36:09.534 --> 00:36:11.702
BICU HAVE DONE A PHENOMENAL
00:36:11.769 --> 00:36:13.638
WORK SANTA MORALE. THAT BUT THAT
00:36:13.704 --> 00:36:15.907
WE NEEDED TO BE ABLE TO CLOSE AT
00:36:15.973 --> 00:36:16.741
THREE AND A HALF BILLION DOLLAR
00:36:16.807 --> 00:36:18.776
HIT THAT WE WE WE WOULD HAVE
00:36:18.843 --> 00:36:20.344
SEEN. THAT FROM.
00:36:20.411 --> 00:36:23.114
THIS BILL TO STATE REVENUE HOT
00:36:23.180 --> 00:36:25.583
BUT I'LL LET YOU CLOSE AYE IN
00:36:25.650 --> 00:36:26.183
I'LL BE RECOMMENDING YOU KNOW
00:36:26.250 --> 00:36:26.651
VOTE TODAY.
00:36:26.717 --> 00:36:28.653
YEAH YEAH <c.green> YOU KNOW I I</c>
00:36:28.719 --> 00:36:31.322
DON'T KNOW IF I REALLY.
00:36:31.389 --> 00:36:32.256
FIRST OF ALL THANK YOU FOR AT IT
00:36:32.323 --> 00:36:33.791
WITH THOSE THRESHOLDS THE U.
00:36:33.858 --> 00:36:35.026
LOWER TO WORK WERE TO ALLOW IT
00:36:35.092 --> 00:36:36.127
SO I.
00:36:36.193 --> 00:36:37.728
IT'S SORT OF I I YOU KNOW WE'RE
00:36:37.795 --> 00:36:38.896
WE'RE TRYING TO TRACK MONEY FROM
00:36:38.963 --> 00:36:40.565
OTHER PEOPLE OTHER THAN WHO MAKE
00:36:40.631 --> 00:36:42.466
FORTY THOUSAND HERE YOU KNOW.
00:36:42.533 --> 00:36:43.935
A SINGLE PERSON THE SECOND THING
00:36:44.001 --> 00:36:46.737
IS TO LORENA THOSE DEDUCTIONS
00:36:46.804 --> 00:36:48.673
IT'S ARTS ALMOST LIKE WHY BOTHER
00:36:48.739 --> 00:36:50.141
THEY'RE PRETTY LOW ALREADY. AND
00:36:50.207 --> 00:36:51.542
AND I HAVE TO TELL YOU BASED ON
00:36:51.609 --> 00:36:52.777
SOME OF THESE OTHER STATES I
00:36:52.843 --> 00:36:54.478
KINDA DON'T THINK THE THE THESE
00:36:54.545 --> 00:36:56.881
NUMBERS THERE. ARE REALLY THAT
00:36:56.948 --> 00:36:58.616
THAT GOOD YOU KNOW.
00:36:58.683 --> 00:37:00.251
BECAUSE.
00:37:00.318 --> 00:37:01.852
OTHER STATES IT'S ACTUALLY.
00:37:01.919 --> 00:37:03.554
HAVE IT'S ACTUALLY PROFITED
00:37:03.621 --> 00:37:05.089
BECAUSE THEY WERE ABLE TO CUT
00:37:05.156 --> 00:37:06.591
BACK ON SOME OF THEIR GOVERNMENT
00:37:06.657 --> 00:37:08.292
PROGRAMS AND THEY DIDN'T LOSE
00:37:08.359 --> 00:37:09.994
REVENUE. YOU KNOW IT'S
00:37:10.061 --> 00:37:11.495
INTERESTING BOMB.
00:37:11.562 --> 00:37:12.163
THAT.
00:37:12.229 --> 00:37:14.098
I I DON'T KNOW HOW THEY COME UP
00:37:14.165 --> 00:37:15.399
WITH THESE NUMBERS IF THE I KNOW
00:37:15.466 --> 00:37:16.767
THEY'RE ESTIMATING OUR GUESTS TO
00:37:16.834 --> 00:37:17.935
MATING. BUT.
00:37:18.002 --> 00:37:20.004
AGAIN OTHER STATES IT'S PROVEN
00:37:20.071 --> 00:37:21.939
NOT TO BE SELF SO ANYWAY TOM
00:37:22.006 --> 00:37:23.608
THIS IS GOOD FOR THE PEOPLE I
00:37:23.674 --> 00:37:25.176
AYE HAD A CHANCE TO GO ON RADIO
00:37:25.242 --> 00:37:26.344
LAST NIGHT.
00:37:26.410 --> 00:37:28.479
AND ONE OF THE COMMENTS THAT THE
00:37:28.546 --> 00:37:30.047
GUY WHO QUESTIONS ASKED ME HE
00:37:30.114 --> 00:37:31.048
SAID DO YOU THINK THIS BILL WILL
00:37:31.115 --> 00:37:32.650
GO ON I I SAID YOU KNOW I I
00:37:32.717 --> 00:37:33.884
REALLY DON'TKNOW I THINK MY
00:37:33.951 --> 00:37:35.052
FRIENDS ACROSS STYLE.
00:37:35.119 --> 00:37:36.988
ARE GONNA HAVE TROUBLE WITH
00:37:37.054 --> 00:37:38.322
THAT BUT I SAID OF THIS WANT TO
00:37:38.389 --> 00:37:40.057
VOTE OF THE PEOPLE. THIS WOULD
00:37:40.124 --> 00:37:41.659
BE DONE SO THIS IS DEFINITELY A
00:37:41.726 --> 00:37:43.027
BILL THAT THE CITIZENS WOULD
00:37:43.094 --> 00:37:44.528
WANT THERE'S NO DOUBTMY MY. SO
00:37:44.595 --> 00:37:46.230
WITH THAT I RESPECTFULLY ASK
00:37:46.297 --> 00:37:47.665
YOUR AYE VOTE. AND.
00:37:47.732 --> 00:37:49.967
THANKS FOR YOUR AMENDMENTS BUT.
00:37:50.034 --> 00:37:51.969
TODAY THEY JUST GET THE SAME.
00:37:52.036 --> 00:37:52.336
.
00:37:52.403 --> 00:37:54.205
BOB.
00:37:54.271 --> 00:37:54.905
PROFITABLE ENOUGH FOR THE
00:37:54.972 --> 00:37:56.374
CITIZENS
00:37:56.440 --> 00:37:57.541
I THINK YOU KNOW WE TOLD YOUR
00:37:57.608 --> 00:37:58.476
RADIO INTERVIEW THAT WOULD HAVE
00:37:58.542 --> 00:37:59.343
BEEN A THREE AND A HALF BILLION
00:37:59.410 --> 00:38:00.211
DOLLAR HIT TO THE GENERAL FUND
00:38:00.277 --> 00:38:02.013
BUT I'M AND I THINK IF WE
00:38:02.079 --> 00:38:02.847
COMPARE.
00:38:02.913 --> 00:38:05.182
CALIFORNIA'S POPULATION WHICH
00:38:05.249 --> 00:38:06.083
IS NEARLY FORTY MILLION TO
00:38:06.150 --> 00:38:07.451
ARIZONA'S POPULATION WHICH IS
00:38:07.518 --> 00:38:08.886
SEVEN MILLION IT'S APPLES AND
00:38:08.953 --> 00:38:11.122
ORANGES WHAT. THE FORMER THAT
00:38:11.188 --> 00:38:12.657
MAY WORK IN ARIZONA TOTALLY
00:38:12.723 --> 00:38:14.158
UNDERSTAND WOULD WORK BUT I
00:38:14.225 --> 00:38:14.859
THINK WE NEED TO GET DOWN TO
00:38:14.925 --> 00:38:17.395
WHAT THE AREA MEDIAN INCOME IS.
00:38:17.461 --> 00:38:18.863
THE AREA MEDIAN INCOME IN THE
00:38:18.929 --> 00:38:20.297
SAN FRANCISCO BAY AREA WHICH IS
00:38:20.364 --> 00:38:21.232
ONE OF THE WEALTHIEST IN THE
00:38:21.298 --> 00:38:22.900
ENTIRE COUNTRY FAMILY FOR SIXTY
00:38:22.967 --> 00:38:24.301
FOUR THOUSAND.
00:38:24.368 --> 00:38:25.936
WE'RE GIVING YOU A MARRIED
00:38:26.003 --> 00:38:28.072
COUPLE OF EIGHTY THOUSAND ABOVE
00:38:28.139 --> 00:38:31.676
THE AREA MEDIAN INCOME ABOVE.
00:38:31.742 --> 00:38:32.343
SO THAT WHAT WE THINK ABOUT WHAT
00:38:32.410 --> 00:38:34.879
YOU SENT. WE'RE GIVING YOU.
00:38:34.945 --> 00:38:36.414
THE YOU KNOW REMEMBER THIS IS
00:38:36.480 --> 00:38:38.282
THE PEOPLE'S MONEY JUST I WANNA
00:38:38.349 --> 00:38:41.819
PUT THAT IN CONTEXT SO.
00:38:41.886 --> 00:38:42.987
WE SHOULD BE THINKING ABOUT THE
00:38:43.054 --> 00:38:44.321
CITIZENS OF MORE THAN WHAT WE
00:38:44.388 --> 00:38:45.022
WANT OTHER WORDS YOU'RE
00:38:45.089 --> 00:38:46.724
DICTATING TO WHAT THE CITIZEN
00:38:46.791 --> 00:38:48.325
SHOULD DO AND I THINK THE BETTER
00:38:48.392 --> 00:38:50.895
POLICY IS CONSIDERED TO THE
00:38:50.961 --> 00:38:53.497
CITIZENS. AT IT AS A WHOLE AS
00:38:53.564 --> 00:38:54.031
WELL AS OUR NONPROFITS AND
00:38:54.098 --> 00:38:55.566
CHARITIES.
00:38:55.633 --> 00:38:57.368
WHICH IS WHY WE WENT ABOVE AND
00:38:57.435 --> 00:38:59.470
BEYOND THE AREA MEDIAN INCOME.
00:38:59.537 --> 00:39:01.439
SO I'M WILL BE RECOMMENDING A NO
00:39:01.505 --> 00:39:03.808
VOTE THAT TAKE THAT AS A CLOSING
00:39:03.874 --> 00:39:04.709
MISS LANE CHESTER BROKEN BOW
00:39:04.775 --> 00:39:06.310
PLEASE.
00:39:06.377 --> 00:39:10.514
SUPPLIER NO WAY TO KNOW WHEN.
00:39:10.581 --> 00:39:11.849
WELL I APOLOGIZE MOTION I
00:39:11.916 --> 00:39:13.484
APOLOGIZE I'M SO SORRY VICE
00:39:13.551 --> 00:39:14.485
CHAIR PLEASE THINK JUST ROLL
00:39:14.552 --> 00:39:16.020
CALL VOTE PLEASE MOTION OF WHICH
00:39:16.087 --> 00:39:17.354
IS DUE PASSED APPROPRIATION
00:39:17.421 --> 00:39:19.557
THINK VICE CHAIR.
00:39:19.623 --> 00:39:22.226
REQUIRED OF THE WIRE NO NGUYEN I
00:39:22.293 --> 00:39:23.494
WIN EYES DEL.
00:39:23.561 --> 00:39:26.363
BILL NO HERNANDEZ.
00:39:26.430 --> 00:39:27.732
HERTZBERG. LARA.
00:39:27.798 --> 00:39:29.867
MORE LOCKED.
00:39:29.934 --> 00:39:32.269
ONE OF HIS.
00:39:32.336 --> 00:39:34.205
CURLY JOE IS A ONE TWO WERE KEEP
00:39:34.271 --> 00:39:36.373
THE ROLE OPEN IN WHAT I FOCUS ON
00:39:36.440 --> 00:39:36.741
THE KEY SO MUCH
00:39:36.807 --> 00:39:39.844
SENATOR.
00:39:39.910 --> 00:39:43.347
I THINK.
00:39:43.414 --> 00:39:44.181
NEVER HEARD OF SEVERAL FOLKS IN
00:39:44.248 --> 00:39:45.249
A MOVE IN IN IN OUT TO OF
00:39:45.316 --> 00:39:46.383
COMMITTEE TODAY JUST BECAUSE
00:39:46.450 --> 00:39:47.651
WE'RE WORKING ON THE BUDGET I
00:39:47.718 --> 00:39:49.420
SENATOR BELL IT HAS BUDGET
00:39:49.487 --> 00:39:50.855
COMMITTEE I HE'S GONNA BE
00:39:50.921 --> 00:39:52.923
ROLLING OUT. WE ALSO J. THAT
00:39:52.990 --> 00:39:54.358
THAT CONTINUES TO MOVE BY GIVE
00:39:54.425 --> 00:39:55.626
US ONE MOMENT.
00:39:55.693 --> 00:40:11.742
WHY
00:40:51.715 --> 00:40:52.917
ALRIGHT LADIES IN GENERAL WERE
00:40:52.983 --> 00:40:54.218
NOW CAN BE MOVING ON TO ITEM
00:40:54.285 --> 00:40:55.853
NUMBER ONE IN TWO OF THE
00:40:55.920 --> 00:40:58.022
COMMITTEE S. B. NINE NINE FIVE
00:40:58.088 --> 00:41:00.057
NSP NINE NINE SIX WE HAVE A
00:41:00.124 --> 00:41:02.560
SENATOR GAINS WILL BE PRESENTING?
00:41:02.626 --> 00:41:10.801
A MEMBERS HE'S WILL BE PRESENT.
00:41:10.868 --> 00:41:18.542
THE RED HAIRED GAINES.
00:41:18.609 --> 00:41:19.443
SO I JUST HAD A CONVERSATION
00:41:19.510 --> 00:41:21.078
CENTER BATES SO WHAT OF THE TWO
00:41:21.145 --> 00:41:22.713
OF YOU HAVE A CONVERSATION LET
00:41:22.780 --> 00:41:32.556
ME KNOW WHAT YOU ORDERED AS I.
00:41:32.623 --> 00:41:36.760
APPARENTLY HE'S JUST TAKE.
00:41:36.827 --> 00:41:37.428
LIVES IN GENERAL WE HAVE A
00:41:37.494 --> 00:41:38.095
WINNER.
00:41:38.162 --> 00:41:40.231
WE ARE MOVING ON LISTEN TO BILL
00:41:40.297 --> 00:41:41.232
TWELVE THIRTY SEVEN WITH HIS
00:41:41.298 --> 00:41:42.933
SENATOR BATES THIS IS REALLY A
00:41:43.000 --> 00:41:44.702
PROPERTY TAXATION CHANGING
00:41:44.768 --> 00:41:45.369
OWNERSHIP WE ONE.
00:41:45.436 --> 00:41:47.104
WELCOME BY THE REPUBLICAN
00:41:47.171 --> 00:41:48.372
LEADER TO THE COMMITTEE WE WANT
00:41:48.439 --> 00:41:49.473
TO SAY THANK YOU TO SENATOR
00:41:49.540 --> 00:41:50.808
BATES FOR ALL OF HER WORK ON
00:41:50.875 --> 00:41:51.375
BEHALF OF THE RESIDENTS OF
00:41:51.442 --> 00:41:54.278
CALIFORNIA. IS BATES THE FLOOR
00:41:54.345 --> 00:41:54.778
IS YOURS AND WELCOME TO
00:41:54.845 --> 00:41:56.313
COMMITTEE.
00:41:56.380 --> 00:41:58.682
THANK YOU ON. MISTER CHAIR
00:41:58.749 --> 00:42:00.484
MEMBERS LAB QUALITY BEGIN BY
00:42:00.551 --> 00:42:02.553
THINKING OF THE CHAIR AND THE
00:42:02.620 --> 00:42:04.255
STAFF FATHER. OUT COMMITTEE
00:42:04.321 --> 00:42:05.923
STAFF FOR THE TIME HAS BEEN
00:42:05.990 --> 00:42:07.591
GIVEN TO DISCUSSIONS ON THE BILL
00:42:07.658 --> 00:42:09.593
OVER THE LAST SEVERAL WEEKS SO
00:42:09.660 --> 00:42:11.095
THANK YOU ALL FOR THAT.
00:42:11.161 --> 00:42:14.064
S. B. TWELVE THIRTY SEVEN ARE
00:42:14.131 --> 00:42:16.000
SIMPLY CORRECTS AN OUTDATED
00:42:16.066 --> 00:42:17.401
INTERPRETATION OF PROPERTY
00:42:17.468 --> 00:42:18.969
CHANGE OF OWNERSHIP THAT HAS
00:42:19.036 --> 00:42:20.671
BEEN PART OF A LONG DEBATE
00:42:20.738 --> 00:42:22.339
REGARDING COMMERCIAL PROPERTY.
00:42:22.406 --> 00:42:24.174
ARE THE BILL SIMPLY REQUIRES ANY
00:42:24.241 --> 00:42:25.743
PROPERTY OR SINGLE TRANSACTION
00:42:25.809 --> 00:42:27.411
TO BE REASSESSED IF NINETY
00:42:27.478 --> 00:42:28.612
PERCENT OF THE OWNERSHIP
00:42:28.679 --> 00:42:30.581
INTEREST CHANGES. HANDS WITHIN
00:42:30.648 --> 00:42:32.783
ANY THREE YEAR PERIOD EVEN IF NO
00:42:32.850 --> 00:42:34.852
ONE PERSON GETS A MAJORITY
00:42:34.919 --> 00:42:36.487
INTEREST IN THE LEGAL ENTITY.
00:42:36.553 --> 00:42:38.522
PROPOSITION THIRTEEN WAS ENACTED
00:42:38.589 --> 00:42:40.758
TO ENSURE THAT PROPERTY TAXES
00:42:40.824 --> 00:42:42.593
DID NOT GET FINANCIALLY OUT OF
00:42:42.660 --> 00:42:44.028
CONTROL FOR ANY HOMEOWNER OR
00:42:44.094 --> 00:42:45.262
BUSINESS.
00:42:45.329 --> 00:42:47.264
BUT THERE'S AN AMBIENT GOT HIM
00:42:47.331 --> 00:42:49.633
THE DUTY. UNIT THAT IT NEEDS TO
00:42:49.700 --> 00:42:51.402
BE TO ADDRESS A PRIME EXAMPLE IS
00:42:51.468 --> 00:42:53.203
THE TWO THOUSAND SIX PURCHASE OF
00:42:53.270 --> 00:42:55.506
A HOTEL IN SANTA MONICA WHERE
00:42:55.572 --> 00:42:56.607
THE PURCHASER REALIZE HE COULD
00:42:56.674 --> 00:42:57.942
STRUCTURE THE TRANSACTION
00:42:58.008 --> 00:43:00.144
WITHOUT ANY ONE ENTITY OWNING. A
00:43:00.210 --> 00:43:01.912
FIFTY PERCENT MAJORITY SHARE IN
00:43:01.979 --> 00:43:03.547
THE PROPERTY DESPITE THE FACT
00:43:03.614 --> 00:43:04.949
THAT ONE HUNDRED PERCENT
00:43:05.015 --> 00:43:07.584
OWNERSHIP. OF THE HOTEL CHANGED
00:43:07.651 --> 00:43:08.719
HANDS THE PROPERTY WAS NOT
00:43:08.786 --> 00:43:10.321
REASSESSED RESULTING IN A TAX
00:43:10.387 --> 00:43:11.355
LOSS.
00:43:11.422 --> 00:43:13.991
TO THE COUNTY OF LOS ANGELES OF
00:43:14.058 --> 00:43:16.393
OVER A MILLION DOLLARS ANNUALLY.
00:43:16.460 --> 00:43:17.728
WHY S. B. TWELVE THIRTY SEVEN
00:43:17.795 --> 00:43:19.229
WOULD PROVIDE THAT A CHANGE IN
00:43:19.296 --> 00:43:20.664
OWNERSHIP OCCURS WHEN NINETY
00:43:20.731 --> 00:43:22.266
PERCENT OF THE LEGAL ENTITIES
00:43:22.333 --> 00:43:24.234
OWNERSHIP INTEREST TRANSFERS IN
00:43:24.301 --> 00:43:26.403
A SINGLE TRANSACTION? IT DOES
00:43:26.470 --> 00:43:28.072
NOT CHANGED PROPERLY PROPOSITION
00:43:28.138 --> 00:43:29.573
THIRTEEN BUT SIMPLY MAKES
00:43:29.640 --> 00:43:31.942
CHANGES TO HOW IT IS INTERPRETED
00:43:32.009 --> 00:43:34.912
IN STATUTE. A SIMILAR BILL MINE
00:43:34.979 --> 00:43:36.914
PA IF SPEED TO FIFTY NINE WHICH
00:43:36.981 --> 00:43:38.349
I AUTHORED IN TWENTY FIFTEEN
00:43:38.415 --> 00:43:39.883
PASSED OUT OF THE COMMITEE ON A
00:43:39.950 --> 00:43:41.919
SIX TWO ZERO. THIS BILL IS
00:43:41.986 --> 00:43:43.887
ESSENTIALLY THE SAME THOUGHT IT
00:43:43.954 --> 00:43:45.022
IS SUPPORTED BY THE HOWARD
00:43:45.089 --> 00:43:47.224
JARVIS TAXPAYERS ASSOCIATION THE
00:43:47.291 --> 00:43:48.993
CALIFORNIA BUSINESS ROUNDTABLE
00:43:49.059 --> 00:43:50.728
THE CALIFORNIA ASSOCIATION OF
00:43:50.794 --> 00:43:52.997
COUNTY TREASURER TAX COLLECTORS.
00:43:53.063 --> 00:43:54.365
THE CALIFORNIA BUSINESS
00:43:54.431 --> 00:43:56.567
PROPERTIES ASSCIATION AND SAN
00:43:56.633 --> 00:43:58.202
FRANCISCO CHAMBER OF COMMERCE
00:43:58.268 --> 00:44:00.070
AND I DO HAVE TO OUR BOOKS HERE
00:44:00.137 --> 00:44:01.705
TO TESTIFY IN SUPPORT WE HAVE
00:44:01.772 --> 00:44:03.173
MATTHEW HARGROVE WITH THE
00:44:03.240 --> 00:44:04.808
CALIFORNIA BUSINESS PROPERTIES
00:44:04.875 --> 00:44:07.444
ASSOCIATION. AND DAVID WOLF WITH
00:44:07.511 --> 00:44:08.712
HOWARD JARVIS
00:44:08.779 --> 00:44:10.347
I ALSO FOUGHT IN THE AUDIENCE
00:44:10.414 --> 00:44:11.248
RICHARD MEN WITH THE BOARD OF
00:44:11.315 --> 00:44:12.983
EQUALIZATION TO ANSWER ANY
00:44:13.050 --> 00:44:14.885
TECHNICAL QUESTIONS. THAT COULD
00:44:14.952 --> 00:44:16.353
ARISE IN OUR DISCUSSION
00:44:16.420 --> 00:44:18.188
THANK YOU THANK YOU SO MUCH OUT
00:44:18.255 --> 00:44:19.623
WE WILL TURN IT OVER TO A MISTER
00:44:19.690 --> 00:44:21.125
WOLF TO BE OF EXCEPT WE ALWAYS.
00:44:21.191 --> 00:44:22.426
LOVE HAVE MISS WALDRON
00:44:22.493 --> 00:44:25.129
COMMITTEE HE'S GONNA BE HERE ALL
00:44:25.195 --> 00:44:25.429
DAY TODAY.
00:44:25.496 --> 00:44:27.765
STAY HYDRATED SERB MIGHT GET
00:44:27.831 --> 00:44:29.299
YOU OUT WE WATER HERE A THAT'S
00:44:29.366 --> 00:44:30.934
WHAT I'M SAYING PATENTS WHAT THE
00:44:31.001 --> 00:44:32.236
FLOORS OR THREE OF TWO MINUTES
00:44:32.302 --> 00:44:33.404
MISTER CHAIRMAN MEMBERS THANK
00:44:33.470 --> 00:44:34.505
YOU DAVID WILL FOOT THE HOWARD
00:44:34.571 --> 00:44:36.173
JARVIS TAXPAYERS ASSOCIATION IN
00:44:36.240 --> 00:44:37.441
SUPPORT OF THE BALLOT YOU WANNA
00:44:37.508 --> 00:44:39.343
START OUT BY MENTIONING. AS MISS
00:44:39.410 --> 00:44:41.178
BATES ALSO MENTIONED THAT THIS
00:44:41.245 --> 00:44:42.713
BILL DOESN'T CHANGE PROP
00:44:42.780 --> 00:44:43.447
THIRTEEN THAT'S IN THE
00:44:43.514 --> 00:44:45.115
CONSTITUTION THIS BILL SIMPLY
00:44:45.182 --> 00:44:46.617
CHANGES STATUTE AND HOW PROP
00:44:46.683 --> 00:44:50.621
THIRTEEN IS IMPLEMENTED.
00:44:50.687 --> 00:44:51.455
.
00:44:51.522 --> 00:44:52.756
MEMBERS EVERYONE IN THIS ROOM
00:44:52.823 --> 00:44:53.891
THE HOWARD JARVIS TAXPAYERS
00:44:53.957 --> 00:44:55.659
ASSOCIATION THE BUSINESS
00:44:55.726 --> 00:44:57.728
COMMUNITY EVEN I WOULD ARGUE THE
00:44:57.795 --> 00:44:59.129
VARIOUS INTERESTS THAT OPPOSE
00:44:59.196 --> 00:45:02.032
THIS BILL HERE TODAY. BELIEVE
00:45:02.099 --> 00:45:03.534
THAT AN INDIVIDUAL SHOULD NOT BE
00:45:03.600 --> 00:45:05.969
ABLE TO COME AND BUY A HOTEL
00:45:06.036 --> 00:45:08.338
STRUCTURE THE DEAL BETWEEN HIM
00:45:08.405 --> 00:45:09.973
AND HIS WIFE AND AND I'LL SEE
00:45:10.040 --> 00:45:11.775
THAT NO ONE INDIVIDUAL RETAINS
00:45:11.842 --> 00:45:13.777
FIFTY PERCENT OF THE CORPORATION
00:45:13.844 --> 00:45:16.013
AND HAVE THAT NOT BE REASSESSED.
00:45:16.080 --> 00:45:17.347
EVERY SINGLE PERSON BELIEVES
00:45:17.414 --> 00:45:18.482
THAT THAT TRANSACTION AND THE
00:45:18.549 --> 00:45:19.483
OTHER ONE'S MENTIONED IN THE
00:45:19.550 --> 00:45:20.717
COMMITTEE ANALYSIS SHOULD BE
00:45:20.784 --> 00:45:22.553
REASSESSED.
00:45:22.619 --> 00:45:23.887
THAT'S WHAT THIS BILL DOES IT
00:45:23.954 --> 00:45:25.889
PROVIDE A NARROWLY TAILORED
00:45:25.956 --> 00:45:28.425
REASONABLE RATIONAL FIX THOU
00:45:28.492 --> 00:45:29.726
PROPOSITION THIRTEEN IS
00:45:29.793 --> 00:45:31.595
INTERPRETED. THE HOWARD JARVIS
00:45:31.662 --> 00:45:33.730
TAXPAYERS ASSOCIATION HAS ALWAYS
00:45:33.797 --> 00:45:34.898
BELIEVED THAT ANYONE AN
00:45:34.965 --> 00:45:36.533
INDIVIDUAL OR BUSINESS SHOULD
00:45:36.600 --> 00:45:38.268
PAY THE PROPERTY TAXES TO PAY
00:45:38.335 --> 00:45:40.170
LEGITIMATELY OUT. IF THE LIES
00:45:40.237 --> 00:45:41.505
BEING ABUSED IN SUCH A WAY THAT
00:45:41.572 --> 00:45:43.607
LEADS TO UNFAIR TAX POLICY AGAIN
00:45:43.674 --> 00:45:44.908
LIKE SOME OF THE EXAMPLES LISTED
00:45:44.975 --> 00:45:46.110
IN THE COMMITTEE ANALYSIS IT
00:45:46.176 --> 00:45:47.611
SHOULD BE CORRECTED. S. B.
00:45:47.678 --> 00:45:50.114
TWELVE THIRTY SEVEN DOES THAT
00:45:50.180 --> 00:45:50.647
AND NO MORE.
00:45:50.714 --> 00:45:53.217
.
00:45:53.283 --> 00:45:55.552
AND WITH THAT ADAM YOU KNOW FAIR
00:45:55.619 --> 00:45:57.020
AND RATIONAL INTERPRETATION ASK
00:45:57.087 --> 00:45:58.188
FOR AND I DON'T. THINK IT'S SO
00:45:58.255 --> 00:45:58.822
MUCH WHICH WILL FREE WELCOMES
00:45:58.889 --> 00:45:59.756
HARGROVE SIR YOU HAVE TWO
00:45:59.823 --> 00:46:00.824
MINUTES THANK YOU FOR BEING HERE
00:46:00.891 --> 00:46:02.292
TODAY MISTER CHAIR AND MEMBERS
00:46:02.359 --> 00:46:03.093
THANK YOU FOR HAVING ME HERE%
00:46:03.160 --> 00:46:05.162
TODAY I LOVE FOLLOW UP BACKYARD
00:46:05.229 --> 00:46:05.996
WITH THE CALIFORNIA BUSINESS
00:46:06.063 --> 00:46:07.364
PROPERTIES ASSOCIATION I'M HERE
00:46:07.431 --> 00:46:08.966
TODAY REPRESENTING A WHOLE BUNCH
00:46:09.032 --> 00:46:09.566
OF DIFFERENT. COMMERCIAL REAL
00:46:09.633 --> 00:46:10.834
ESTATE GROUPS INCLUDING THE
00:46:10.901 --> 00:46:11.635
INTERNATIONAL COUNCIL OF
00:46:11.702 --> 00:46:12.603
SHOPPING CENTERS THE BUILDING
00:46:12.669 --> 00:46:14.104
OWNERS AND MANAGERS ASSOCIATION
00:46:14.171 --> 00:46:15.806
OF CALIFORNIANS SEVERAL OTHERS.
00:46:15.873 --> 00:46:17.074
I LOVE TO FOLLOW MISTER WOLF
00:46:17.141 --> 00:46:18.442
BECAUSE HE USUALLY SAYS THINGS
00:46:18.509 --> 00:46:19.843
VERY SUCCINCTLY THAT WE AGREE
00:46:19.910 --> 00:46:21.145
WITH SO WE'D LIKE TO ENDORSE I'M
00:46:21.211 --> 00:46:22.779
MISTER WOLFE TESTIMONY. BUT
00:46:22.846 --> 00:46:23.580
WOULD LIKE TO POINT OUT THAT
00:46:23.647 --> 00:46:24.948
THIS ISN'T ACTUALLY AN ISSUE
00:46:25.015 --> 00:46:26.416
THAT WE HAVE BEEN WORKING ON AND
00:46:26.483 --> 00:46:28.252
SUPPORTIVE OF FOR OVER TEN YEARS
00:46:28.318 --> 00:46:28.752
NOW.
00:46:28.819 --> 00:46:30.654
WE SAT AT THIS VERY TABLE THREE
00:46:30.721 --> 00:46:33.190
TIMES NOW INCLUDING TODAY AND
00:46:33.257 --> 00:46:34.925
WERE SUPPORTIVE OF THE ARMY ON A
00:46:34.992 --> 00:46:37.661
BILL WHEN HE TRIED TO DO THIS A
00:46:37.728 --> 00:46:38.295
WHILE BACK.
00:46:38.362 --> 00:46:38.829
THE LABEL THAT.
00:46:38.896 --> 00:46:40.497
COMMERCIAL PROPERTY OWNERS ARE
00:46:40.564 --> 00:46:42.199
TRYING TO GAME THE SYSTEM TO THE
00:46:42.266 --> 00:46:43.667
EXCHANGE OF OWNERSHIPS WE
00:46:43.734 --> 00:46:45.969
BELIEVE HPPENS MUCH. MORE RARE
00:46:46.036 --> 00:46:48.038
THAN THEY ONCE. WERE PUT OUT
00:46:48.105 --> 00:46:49.640
THERE IS HAPPENING BUT WE DO
00:46:49.706 --> 00:46:50.541
BELIEVE THAT THERE IS AN
00:46:50.607 --> 00:46:52.142
AMBIGUITY THAT NEEDS TO BE FIXED
00:46:52.209 --> 00:46:54.211
IN THIS BILL DOES THAT. IT HURTS
00:46:54.278 --> 00:46:56.213
MY MEMBERS WHEN THE PERCEPTION
00:46:56.280 --> 00:46:58.048
THAT'S OUT THERE THAT PROPERTY
00:46:58.115 --> 00:46:59.550
OWNERS ARE.
00:46:59.616 --> 00:47:01.585
DOING ACROBATICS TO GET OUT OF
00:47:01.652 --> 00:47:03.353
BEING REASSESSED MOST OF THE
00:47:03.420 --> 00:47:04.788
COMMERCIAL REAL ESTATE INDUSTRY
00:47:04.855 --> 00:47:07.191
IN MOST COMPANIES THAT. THAT
00:47:07.257 --> 00:47:08.425
THAT DO COMMERCIAL REAL ESTATE
00:47:08.492 --> 00:47:09.626
TRANSACTIONS ON A DAY TO DAY
00:47:09.693 --> 00:47:12.029
BASIS ARE NOT TRYING TO DO THAT
00:47:12.095 --> 00:47:13.864
AND THOSE COMPANIES THAT THAT
00:47:13.931 --> 00:47:15.032
THAT ARE FALLING WITHIN THE SAME
00:47:15.098 --> 00:47:16.700
AMBIGUITY.
00:47:16.767 --> 00:47:17.968
REFLECT POORLY ON THE REST FOR
00:47:18.035 --> 00:47:19.536
INDUSTRY SO WE HOPE YOU'LL
00:47:19.603 --> 00:47:21.605
SUPPORT THIS BILL TODAY AND LETS
00:47:21.672 --> 00:47:22.606
GET THIS FIXED AND LET'S GET
00:47:22.673 --> 00:47:24.474
LOSE MILLIONS OF DOLLARS INTO
00:47:24.541 --> 00:47:25.642
THE STATE'S COFFERS THANK YOU
00:47:25.709 --> 00:47:26.643
THANK YOU SO MUCH SIR THANK YOU
00:47:26.710 --> 00:47:28.045
BOTH FOR BEING HERE LONG CENTER
00:47:28.111 --> 00:47:28.879
BATES FOR NOW CAN BE. TURNED
00:47:28.946 --> 00:47:30.247
OVER TO THE I BELIEVE THE TAX
00:47:30.314 --> 00:47:31.949
CLICK.
00:47:32.015 --> 00:47:33.517
WE GOT YOU GOOD MORNING MISTER
00:47:33.584 --> 00:47:34.851
CHAIR MEMBERS CAROLING BUT OF
00:47:34.918 --> 00:47:35.852
THE CALIFORNIA ASSOCIATION OF
00:47:35.919 --> 00:47:36.653
COUNTY TREASURES AND TAX
00:47:36.720 --> 00:47:38.055
COLLECTORS THEY LOOK AT THE BILL
00:47:38.121 --> 00:47:39.389
AS A MATTER OF FAIRNESS FOR
00:47:39.456 --> 00:47:41.124
TAXPAYERS THE DON'T HAVE. FANCY
00:47:41.191 --> 00:47:42.960
CPA'S AND TAX ATTORNEYS TICKET
00:47:43.026 --> 00:47:44.561
OUT OF PAIN A REASSESSED
00:47:44.628 --> 00:47:46.563
PROPERTY TAX IN THE US GRAVITY
00:47:46.630 --> 00:47:47.731
THINKING THANK YOU SO MUCH WE'D
00:47:47.798 --> 00:47:48.665
LIKE TO BE A WELCOME ANYONE WHO
00:47:48.732 --> 00:47:49.466
ELSE IS IN SUPPORT OF THE BILL
00:47:49.533 --> 00:47:51.034
PICKETT PLEASE ADVANCE THIS TIME
00:47:51.101 --> 00:47:52.269
THE MICROPHONE. GIVES YOU A
00:47:52.336 --> 00:47:53.270
PERSON LAST NAME YOUR
00:47:53.337 --> 00:47:56.306
ORGANIZATION ANYONE WHO'D LIKE
00:47:56.373 --> 00:47:56.907
TO GET SPEAK IN SUPPORT PLEASE
00:47:56.974 --> 00:47:58.308
COME FORWARD.
00:47:58.375 --> 00:47:59.343
LADIES YEAH WE'RE NOW CALLING
00:47:59.409 --> 00:48:01.078
FOR THOSE WHO MAY BE OPPOSE OR
00:48:01.144 --> 00:48:02.279
SQUISHY WITH THE BILL IF YOU
00:48:02.346 --> 00:48:06.650
COULD PLEASE COME FORWARD.
00:48:06.717 --> 00:48:09.486
GOOD WELCOME.
00:48:09.553 --> 00:48:12.256
PRIMARY WITNESS ALONG WITH A TO
00:48:12.322 --> 00:48:13.290
SECONDARY WITNESSES.
00:48:13.357 --> 00:48:15.525
AND AGAIN WE'RE GOING TO ASK
00:48:15.592 --> 00:48:17.561
EACH BE ABLE. TO SPEAK FOR TWO
00:48:17.628 --> 00:48:19.496
MINUTES.
00:48:19.563 --> 00:48:24.201
YEAH YEAH WHEN I SIGNED.
00:48:24.268 --> 00:48:25.068
WHEN WE GET WHO LIKE TO BE OF
00:48:25.135 --> 00:48:27.904
THE FIRST WELL ALRIGHT CLEANING
00:48:27.971 --> 00:48:28.705
AYE MR GOLDBERG IF YOU DON'T
00:48:28.772 --> 00:48:29.406
MIND INTERVIEWS HERE SEVEN
00:48:29.473 --> 00:48:30.607
ORGANIZATION OF TWO MINUTES SIR
00:48:30.674 --> 00:48:31.275
AND WE WELCOME YOU COMMITTEE
00:48:31.341 --> 00:48:33.043
LENNY GOLDBERG CALIFORNIA TAXI
00:48:33.110 --> 00:48:34.378
FORMER ASSOCIATION IT'S A
00:48:34.444 --> 00:48:36.113
PLEASURE TO BE BACK BEFORE THIS
00:48:36.179 --> 00:48:38.615
COMMITTEE IF YOU SEE. ME AFTER
00:48:38.682 --> 00:48:39.216
BEING HERE MANY YEARS.
00:48:39.283 --> 00:48:41.585
THIS BILL FAILS TO DO WHAT IT
00:48:41.652 --> 00:48:43.453
DIDN'T AND CBO AND LET ME GIVE A
00:48:43.520 --> 00:48:46.189
LITTLE HISTORY HERE WE YEAH THE
00:48:46.256 --> 00:48:47.357
AND AND AND LET ME BE THE FIRST
00:48:47.424 --> 00:48:49.726
TO ACKNOWLEDGE THE. ANALYSIS
00:48:49.793 --> 00:48:50.394
EACH GETS TO A LOT OF THE
00:48:50.460 --> 00:48:52.129
HISTORY IN BOTH THE NINETEEN
00:48:52.195 --> 00:48:52.929
NINETIES AND IN THE TWO
00:48:52.996 --> 00:48:54.364
THOUSANDS
00:48:54.431 --> 00:48:56.266
WE TOOK ON THE ISSUE OF
00:48:56.333 --> 00:48:58.835
REFORMING. A A VERY MESSED UP
00:48:58.902 --> 00:49:01.204
SYSTEM WHICH IS LOOPHOLE RIDDEN.
00:49:01.271 --> 00:49:03.473
THE TO THE CONTRARY OF THE
00:49:03.540 --> 00:49:04.908
PREVIOUS TESTIMONY PAYS
00:49:04.975 --> 00:49:07.210
SHAREHOLDERS AND PARTNERS CHANGE
00:49:07.277 --> 00:49:09.513
OWNERSHIP ALL THE TIME OF MANY
00:49:09.579 --> 00:49:11.248
YOU KNOW MAJORITIES OF THE
00:49:11.315 --> 00:49:12.549
PROPERTIES CHANGE OWNERSHIP
00:49:12.616 --> 00:49:14.051
WITHOUT A REASSESSMENT IS JUST.
00:49:14.117 --> 00:49:15.752
IT'S NOT MANIPULATION IT'S THE
00:49:15.819 --> 00:49:19.056
NATURAL FAILURE OF A SYSTEM SO
00:49:19.122 --> 00:49:20.791
WE INTRODUCED LEGISLATION WHICH
00:49:20.857 --> 00:49:22.259
SAID CUMULATIVE CHANGE OF
00:49:22.326 --> 00:49:23.860
OWNERSHIP FIFTY PERCENT.
00:49:23.927 --> 00:49:26.063
OVER FIFTY PERCENT WHICH IS THE
00:49:26.129 --> 00:49:28.665
LONG HISTORICAL STANDARD AND
00:49:28.732 --> 00:49:30.434
INCLUDING REBUTTABLE PRESUMPTION
00:49:30.500 --> 00:49:32.202
ON SHARES OF STOCK SO THAT
00:49:32.269 --> 00:49:35.272
COMPANIES LIKE CHEVRON HAVE NOT-BEEN REASSESSED FOR FORTY YEARS
00:49:35.339 --> 00:49:37.007
NOW.
00:49:37.074 --> 00:49:37.708
SO SHOULD THEY NOT BE REASSESSED
00:49:37.774 --> 00:49:39.009
FOR FIFTY YEARS FOR SIXTEEN
00:49:39.076 --> 00:49:40.977
YEARS THAT NEEDS TO BE ADDRESSED
00:49:41.044 --> 00:49:42.779
THE BUSINESS COMMUNITY REJECTED
00:49:42.846 --> 00:49:44.548
THAT OUT OF HAND THEY ALSO
00:49:44.614 --> 00:49:47.050
REJECTED EVEN THE SMALL CHANGE
00:49:47.117 --> 00:49:48.485
THAT WE PUT IN IN THE ARMY ON A
00:49:48.552 --> 00:49:50.687
BILL. THEY CALLED IT SPLIT ROLE
00:49:50.754 --> 00:49:52.456
WHEN WE SAID A HUNDRED PERCENT
00:49:52.522 --> 00:49:53.957
CHANGE OF OWNERSHIP IS A CHANGE
00:49:54.024 --> 00:49:55.092
OF OWNERSHIP NOW IS THE PERSON
00:49:55.158 --> 00:49:56.893
RESPONSIBLE FOR GETTING SOME OF
00:49:56.960 --> 00:49:58.662
THIS DISCUSSION STARTED. I WOULD
00:49:58.729 --> 00:50:00.130
SAY WE KNEW THAT THAT DIDN'T DO
00:50:00.197 --> 00:50:02.099
VERY MUCH IT HARDLY DO ANYTHING
00:50:02.165 --> 00:50:04.101
AT ALL DID ANYTHING AT ALL THE
00:50:04.167 --> 00:50:05.202
INTENTION WAS.
00:50:05.268 --> 00:50:06.703
STARTED DISCUSSION ABOUT THE
00:50:06.770 --> 00:50:09.940
ISSUE AND THEN THE LEGISLATURE
00:50:10.006 --> 00:50:11.808
THE ASSEMBLY PROPOSE THAT ASK
00:50:11.875 --> 00:50:13.477
FORCE LET'S GO BACK TO THE
00:50:13.543 --> 00:50:15.078
ORIGINAL TASK FORCE AND SEE HOW
00:50:15.145 --> 00:50:17.080
WELL THIS IS WORKING. AND WE
00:50:17.147 --> 00:50:18.448
SAID LET'S PUT THAT IN THE
00:50:18.515 --> 00:50:19.983
BUSINESS COMMUNITY SAID THAT'S
00:50:20.050 --> 00:50:21.685
WHAT ROLE AND WHAT THIS TELLS
00:50:21.752 --> 00:50:24.321
YOU. IS THAT ANY REAL SERIOUS
00:50:24.388 --> 00:50:25.822
DISCUSSION OTHER THAN THIS BILL
00:50:25.889 --> 00:50:27.724
WHICH IS JUST GLOSSES OVER THE
00:50:27.791 --> 00:50:29.926
PROBLEM ENTIRELY AS HERE
00:50:29.993 --> 00:50:32.229
ANALYSIS POINTED OUT ANY SERIOUS
00:50:32.295 --> 00:50:34.531
REAL DISCUSSION HAS BEEN OPPOSED.
00:50:34.598 --> 00:50:36.466
CONSISTENTLY BY THE BUSINESS
00:50:36.533 --> 00:50:39.536
COMMUNITY SO IF IT NOW I IF WE
00:50:39.603 --> 00:50:42.839
ACTUALLY DID THE FULL REFORM OF
00:50:42.906 --> 00:50:44.374
CHANGE OF OWNERSHIP IT WOULD
00:50:44.441 --> 00:50:46.476
STILL BE VERY PROBLEMATIC AND
00:50:46.543 --> 00:50:47.944
VERY PROBLEMATIC BECAUSE WHAT IT
00:50:48.011 --> 00:50:50.814
SAYS IS. THE PROPERTY TAX IS NOT
00:50:50.881 --> 00:50:51.848
BASED ON THE VALUE OF THE
00:50:51.915 --> 00:50:53.350
PROPERTY BUT IT'S BASED ON THE
00:50:53.417 --> 00:50:55.852
CAPITAL STRUCTURE OF THE COMPANY
00:50:55.919 --> 00:50:59.055
THAT SAID THEN WE HAVE KNOWING
00:50:59.122 --> 00:51:00.724
THAT IT IS ON REFORM MOBILE AND
00:51:00.791 --> 00:51:02.459
COMPLETELY BROKEN AND LOOPHOLE
00:51:02.526 --> 00:51:04.428
RIDDEN. WE HAVE DEVELOPED A
00:51:04.494 --> 00:51:07.097
MOVEMENT TO CHANGE IT AND ARE
00:51:07.164 --> 00:51:08.465
GATHERING SIGNATURES FOR THE
00:51:08.532 --> 00:51:09.933
BALLOT AND I HAVE HAD THIS
00:51:10.000 --> 00:51:11.468
DISCUSSION ME AND MISTER CHAIR
00:51:11.535 --> 00:51:13.570
WE URGE YOU TO AND WE'VE HAD
00:51:13.637 --> 00:51:14.971
THIS DISCUSSION IN THE PAST
00:51:15.038 --> 00:51:17.007
LET'S OPEN UP THIS DISCUSSION.
00:51:17.073 --> 00:51:18.508
LET US HAVE A BROAD BASED
00:51:18.575 --> 00:51:20.010
DISCUSSION OF HOW COMMERCIAL
00:51:20.076 --> 00:51:21.778
PROPERTY IS TREATED IN
00:51:21.845 --> 00:51:23.980
CALIFORNIA AND IT MAY BE THAT
00:51:24.047 --> 00:51:26.249
OUR SOLUTION THERE ARE OTHER
00:51:26.316 --> 00:51:28.185
WAYS OF LOOKING AT IT BUT THE
00:51:28.251 --> 00:51:30.387
LEGISLATURE HAS TO TAKE THEM.
00:51:30.454 --> 00:51:31.955
TAKE THIS ON SO I WANT TO
00:51:32.022 --> 00:51:34.124
CONGRATULATE. SENATOR BATES FOR
00:51:34.191 --> 00:51:36.159
OPENING THE ISSUE BUT THIS BILL
00:51:36.226 --> 00:51:38.128
GETS NO WHERE IN TERMS OF
00:51:38.195 --> 00:51:39.963
DEALING WITH THE PROBLEM THANK
00:51:40.030 --> 00:51:40.864
YOU SO MUCH SCHOOL BERGEN AGAIN
00:51:40.931 --> 00:51:42.332
WE'RE GRATEFUL YOU'RE HERE GOOD
00:51:42.399 --> 00:51:45.068
MORNING MA'AM THANK YOU SO MUCH
00:51:45.135 --> 00:51:46.470
BEGIN PLEASE INTRODUCE YOURSELF.
00:51:46.536 --> 00:51:47.838
I'M GOOD MORNING MISTER CHAIRMAN
00:51:47.904 --> 00:51:49.039
BECAUSE OF THE COMMITTEE MY NAME
00:51:49.105 --> 00:51:50.040
IS VERONICA COUNTY SALAS AND I'M
00:51:50.106 --> 00:51:50.707
HERE REPRESENTING THE SCHOOL THE
00:51:50.774 --> 00:51:51.675
COMMITTEE'S FIRST COALITION AND
00:51:51.741 --> 00:51:52.776
CALIFORNIA BECAUSE. IN
00:51:52.843 --> 00:51:54.711
OPPOSITION TO THE SENATE BILL
00:51:54.778 --> 00:51:55.912
TWELVE THIRTY SEVEN.
00:51:55.979 --> 00:51:57.447
THE SCHOOL THE COMMITTEE'S FIRST
00:51:57.514 --> 00:51:58.348
COALITION IS A STATEWIDE
00:51:58.415 --> 00:51:59.816
COALITION THE REPRESENTS OVER
00:51:59.883 --> 00:52:01.485
EIGHTY ORGANIZATIONS INCLUDING
00:52:01.551 --> 00:52:03.253
COMMUNITY BASED. ALSO JUSTICE
00:52:03.320 --> 00:52:05.722
ORGANIZATIONS FAITH BASED GROUPS
00:52:05.789 --> 00:52:07.491
SENIORS CIVIL RIGHTS
00:52:07.557 --> 00:52:09.059
ORGANIZATIONS AND LABOR UNIONS.
00:52:09.125 --> 00:52:11.862
WE URGE YOU TO A BOOK TO OPPOSE
00:52:11.928 --> 00:52:13.697
S. B. TWELVE THIRTY SEVEN. S. B.
00:52:13.763 --> 00:52:14.631
TWELVE THIRTY SEVEN IS AN
00:52:14.698 --> 00:52:15.999
ACKNOWLEDGEMENT THAT OUR CURRENT
00:52:16.066 --> 00:52:17.868
SYSTEM IS BROKEN. THIS BILL IS A
00:52:17.934 --> 00:52:19.636
FALSE ATTEMPT TO CLOSE THE
00:52:19.703 --> 00:52:20.570
LOOPHOLES IN OUR CURRENT TO
00:52:20.637 --> 00:52:22.172
DOUBLE RIDERSHIP LAWS BUT
00:52:22.239 --> 00:52:23.974
INSTEAD OF CLOSING THE LOOPHOLES
00:52:24.040 --> 00:52:25.175
IT ACTUALLY MAKES IT EASIER FOR
00:52:25.242 --> 00:52:27.077
CORPORATIONS. TO AVOID PAYING
00:52:27.143 --> 00:52:28.311
THEIR FAIR SHARE IN PROPERTY
00:52:28.378 --> 00:52:29.646
TAXES.
00:52:29.713 --> 00:52:30.814
CHANGING THE THRESHOLD PERTAINED
00:52:30.881 --> 00:52:32.649
OF OWNERSHIP FROM FIFTY TO
00:52:32.716 --> 00:52:34.017
NINETY PERCENT IS FEW TILE.
00:52:34.084 --> 00:52:36.119
SINCE CORPORATIONS ARE SO ADEPT
00:52:36.186 --> 00:52:38.088
AT COMPLEX TAX MANEUVERS THAT
00:52:38.154 --> 00:52:39.456
ALLOWED TO ESCAPE THE INTENT OF
00:52:39.523 --> 00:52:41.758
THE LAW THAT THEY WILL CONTINUE
00:52:41.825 --> 00:52:43.593
TO AVOID REASSESSMENT. S. B.
00:52:43.660 --> 00:52:45.028
TWELVE TO BESEVEN PUT INTO
00:52:45.095 --> 00:52:46.696
STATUTE ONE OF THE BIGGEST
00:52:46.763 --> 00:52:48.532
LOOPHOLES THE EXEMPTION A
00:52:48.598 --> 00:52:49.966
PUBLICLY TRADED CORPORATIONS
00:52:50.033 --> 00:52:52.435
FROM REASSESSMENT AS A RESULT OF
00:52:52.502 --> 00:52:54.070
CHANGING STOCK OWNERSHIP. THE
00:52:54.137 --> 00:52:55.338
PROBLEMS THAT WERE CREATED BY
00:52:55.405 --> 00:52:57.674
PROP THIRTEEN ARE FORTY YEARS IN
00:52:57.741 --> 00:52:58.942
THE MAKING. WE HAVE LARGE
00:52:59.009 --> 00:53:00.377
CORPORATIONS AND WEALTHY
00:53:00.443 --> 00:53:02.012
COMMERCIAL PROPERTY INVESTORS
00:53:02.078 --> 00:53:04.147
ARE USING LOOPHOLES IN THE LAW
00:53:04.214 --> 00:53:05.482
TO AVOID PAYING THEIR FAIR SHARE.
00:53:05.549 --> 00:53:06.950
WE HAVE COMMERCIAL PROPERTIES
00:53:07.017 --> 00:53:08.952
THAT ARE SO OUT OF WHACK WITH
00:53:09.019 --> 00:53:10.787
THE ACTUAL MARKET VALUE THAT
00:53:10.854 --> 00:53:12.255
WHAT HAS BEEN CREATED IS A CRAZY
00:53:12.322 --> 00:53:14.558
PATCHWORK OF ASSESSMENT AND.
00:53:14.624 --> 00:53:16.826
ACROSS THE STATE. WE HAVE A
00:53:16.893 --> 00:53:17.894
LARGE MULTIBILLION DOLLAR
00:53:17.961 --> 00:53:20.564
CORPORATIONS THAT ACTUALLY HAVE
00:53:20.630 --> 00:53:22.365
A COMPETITIVE ADVANTAGE OVER
00:53:22.432 --> 00:53:25.435
SMALLER START UP SIMPLY BASED ON
00:53:25.502 --> 00:53:26.303
WHEN A PROPERTY WAS PURCHASED.
00:53:26.369 --> 00:53:27.737
THIS BILL DOES NOTHING TO
00:53:27.804 --> 00:53:29.506
ADDRESS THIS INEQUITY AND THE
00:53:29.573 --> 00:53:31.308
FUNDAMENTAL PROBLEM OF LONG HELD
00:53:31.374 --> 00:53:33.443
PROPERTIES THAT HAVE BENEFITTED
00:53:33.510 --> 00:53:35.178
FROM PROPOSITION THIRTEEN. AND
00:53:35.245 --> 00:53:36.880
ARE STILL PAIN OUTDATED AND
00:53:36.947 --> 00:53:39.049
UNFAIR TAXES BASED ON PROPERTY
00:53:39.115 --> 00:53:40.250
VALUES FROM THE NINETEEN
00:53:40.317 --> 00:53:41.751
SEVENTIES AND EIGHTIES.
00:53:41.818 --> 00:53:44.187
AS A RESULT CALIFORNIA LOSES
00:53:44.254 --> 00:53:45.889
ELEVEN BILLION DOLLARS WITH THE
00:53:45.956 --> 00:53:48.058
BE BILLION DOLLARS ANNUALLY A
00:53:48.124 --> 00:53:49.693
CRITICALLY NEEDED REVENUES FOR
00:53:49.759 --> 00:53:51.595
SCHOOLS AND LOCAL SERVICES BY
00:53:51.661 --> 00:53:52.862
NOT REASSESSING COMMERCIAL AND
00:53:52.929 --> 00:53:54.431
INDUSTRIAL PROPERTIES AT FAIR
00:53:54.497 --> 00:53:56.232
MARKET VALUE. S. B. TWELVE
00:53:56.299 --> 00:53:57.834
THIRTY SEVEN IS NOT AN ATTEMPT
00:53:57.901 --> 00:53:59.536
TO FIX THESE PROBLEMS BUT AN
00:53:59.603 --> 00:54:01.972
EFFORT TO DERAIL THE SCHOOLS AND
00:54:02.038 --> 00:54:03.373
COMMUNITIES FIRST BALLOT MEASURE.
00:54:03.440 --> 00:54:04.574
BOND SCHOOL THE COMMITTEE'S
00:54:04.641 --> 00:54:06.509
FIRST SUBMITTED BALLOT LANGUAGE
00:54:06.576 --> 00:54:08.078
IN THE FALL FOR A CONSTITUTIONAL
00:54:08.144 --> 00:54:09.913
AMENDMENT TO REFORM THE
00:54:09.980 --> 00:54:10.981
COMMERCIAL PROPERTY SIDE OF
00:54:11.047 --> 00:54:12.649
PROPOSITION THIRTEEN. BY
00:54:12.716 --> 00:54:13.783
REASSESSING COMMERCIAL
00:54:13.850 --> 00:54:15.051
INDUSTRIAL PROPERTIES UP THEIR
00:54:15.118 --> 00:54:17.187
MARKET VALUE. IF PASSED IT WOULD
00:54:17.253 --> 00:54:18.588
RAISE ELEVEN BILLION DOLLARS
00:54:18.655 --> 00:54:20.590
ANNUALLY FOR SCHOOLS COMMUNITY
00:54:20.657 --> 00:54:22.258
COLLEGES AND OTHER VITAL
00:54:22.325 --> 00:54:23.360
COMMUNITY SERVICES THIRTY
00:54:23.426 --> 00:54:25.161
SECONDS WE NEED REAL SOLUTIONS
00:54:25.228 --> 00:54:26.463
BY COMPREHENSIVE REFORM OF THAT
00:54:26.529 --> 00:54:27.564
RAISES CRITICALLY NEEDED
00:54:27.631 --> 00:54:28.765
REVENUES FOR SCHOOL THE LOCAL
00:54:28.832 --> 00:54:30.834
COMMUNITIES. FOR THIS REASON WE
00:54:30.900 --> 00:54:32.535
URGE YOU TO OPPOSE S. B. TWELVE
00:54:32.602 --> 00:54:34.037
THIRTY SEVEN THANK YOU SO MUCH
00:54:34.104 --> 00:54:35.138
BREAKER PUT YOUR HERE. WE'RE NOT
00:54:35.205 --> 00:54:36.306
GONNA OPEN UP FOR THOSE WHO MAY
00:54:36.373 --> 00:54:37.974
BE IN SUPPORT IF YOU CAN JUST
00:54:38.041 --> 00:54:40.610
PLEASE STATE YOUR FIRST AND LAST
00:54:40.677 --> 00:54:41.144
NAME AND YOUR ORGANIZATION
00:54:41.211 --> 00:54:42.178
PLEASE.
00:54:42.245 --> 00:54:44.347
I I'M SORRY IN OPPOSITION I
00:54:44.414 --> 00:54:45.849
APOLOGIZE I DON'T SEE SHOULD.
00:54:45.915 --> 00:54:47.584
NOT NOT IN SUPPORT. HI MY NAME'S
00:54:47.651 --> 00:54:49.119
DOOR ROSE I'M DEPUTY DIRECTOR OF
00:54:49.185 --> 00:54:50.654
THE LEAGUE OF WOMEN VOTERS OF
00:54:50.720 --> 00:54:51.521
CALIFORNIA THANK YOU FOR THE
00:54:51.588 --> 00:54:54.591
OPPORTUNITY TO TESTIFY IN STRONG
00:54:54.658 --> 00:54:55.725
OPPOSITION TO A.
00:54:55.792 --> 00:54:58.194
AS SPEECH TWELVE THIRTY SEVEN.
00:54:58.261 --> 00:55:02.165
I HAD MY COLLEAGUES ON A IT IN
00:55:02.232 --> 00:55:03.600
OUR COALITION HAVE ALREADY GIVEN
00:55:03.667 --> 00:55:05.535
YOU DETAILS AS TO SPECIFICALLY
00:55:05.602 --> 00:55:07.103
WHY THIS IS NOT GOING TO WORK TO
00:55:07.170 --> 00:55:09.139
CLOSE THAT. CORPORATE LOOPHOLE
00:55:09.205 --> 00:55:11.041
IN TO. RESOLVE THE FOR A
00:55:11.107 --> 00:55:12.842
FUNDAMENTAL FLAW IN PROP
00:55:12.909 --> 00:55:13.410
THIRTEEN.
00:55:13.476 --> 00:55:15.512
.
00:55:15.578 --> 00:55:17.180
SO WHAT I WANT TO TALK ABOUT IT
00:55:17.247 --> 00:55:19.816
IS WHAT THE LEAGUE HAS DONE
00:55:19.883 --> 00:55:22.085
HISTORICALLY SINCE THE INCEPTION
00:55:22.152 --> 00:55:24.020
OF PROP THIRTEEN TO TRY TO
00:55:24.087 --> 00:55:25.388
FIGURE OUT WAYS TO REALLY
00:55:25.455 --> 00:55:27.323
RESOLVE THE FUNDAMENTAL IT
00:55:27.390 --> 00:55:29.893
EQUITIES OF OF THAT THAT.
00:55:29.959 --> 00:55:31.294
PROPOSITION HAS HAS BROUGHT.
00:55:31.361 --> 00:55:32.395
WHAT WE BELIEVE IS ACT
00:55:32.462 --> 00:55:34.330
CALIFORNIANS DESERVE A BETTER
00:55:34.397 --> 00:55:36.132
DEAL A BETTER PROPERTY TAX
00:55:36.199 --> 00:55:39.736
SYSTEM THAT'S NOT GONNA TAKE A A
00:55:39.803 --> 00:55:41.171
SMALL PERCENTAGE OF REALLY
00:55:41.237 --> 00:55:43.973
PRIVILEGED CORPORATIONS? AND
00:55:44.040 --> 00:55:47.077
GIVES THEM THE OPPORTUNITY TO
00:55:47.143 --> 00:55:49.879
ESSENTIALLY BE FREE LOADERS TO
00:55:49.946 --> 00:55:51.915
PACK THEM THEIR POCKETS WITH
00:55:51.981 --> 00:55:53.917
BILLIONS AND NOT PUT MONEY BACK
00:55:53.983 --> 00:55:55.351
INTO INFRASTRUCTURE BACK INTO
00:55:55.418 --> 00:55:57.253
SERVICES. BACK INTO THE
00:55:57.320 --> 00:55:59.956
COMMUNITIES THAT THEY ARE
00:56:00.023 --> 00:56:01.991
RELYING ON OTHERS TO MAKE THOSE
00:56:02.058 --> 00:56:03.927
BILLIONS IN THE FIRST PLACE.
00:56:03.993 --> 00:56:06.096
AND WE THINK THAT THE ESSENTIAL
00:56:06.162 --> 00:56:08.031
THE MOST IMPORTANT THING.
00:56:08.098 --> 00:56:09.999
A FUNDAMENTAL FIX FOR THIS IS A
00:56:10.066 --> 00:56:10.734
A.
00:56:10.800 --> 00:56:12.469
CONSTITUTIONAL.
00:56:12.535 --> 00:56:14.270
AMENDMENTS AND WE'VE BEEN
00:56:14.337 --> 00:56:16.206
WORKING ON THAT OUR LEAGUE
00:56:16.272 --> 00:56:18.575
MEMBERS HAVE BLANKETED OF THE
00:56:18.641 --> 00:56:21.444
STATE GETTING SIGNATURES AND WE
00:56:21.511 --> 00:56:23.446
ARE MORE THAN HALF WAY THERE
00:56:23.513 --> 00:56:25.448
DIFFERS SIGNATURES TO GET THIS
00:56:25.515 --> 00:56:27.684
ON THE BALLOT FOR THE OF
00:56:27.751 --> 00:56:29.352
NOVEMBER OF TWENTY TWENTY.
00:56:29.419 --> 00:56:30.887
WE BELIEVE THAT WHAT'S HAPPENING
00:56:30.954 --> 00:56:32.455
HERE IS THAT THE BUSINESS
00:56:32.522 --> 00:56:34.424
COMMUNITY IS FEELING THE HEAT.
00:56:34.491 --> 00:56:35.959
REALIZING THAT WE'RE GETTING
00:56:36.025 --> 00:56:37.160
CLOSE TO A REALLY PERMANENT
00:56:37.227 --> 00:56:38.828
CHECKS ON THIS
00:56:38.895 --> 00:56:42.031
AND THAT THEY HAVE INTRODUCED A
00:56:42.098 --> 00:56:43.767
SP TWELVE THIRTY SEVEN IS REALLY.
00:56:43.833 --> 00:56:46.169
SORT OF TRANSPARENT RUSE TO BE
00:56:46.236 --> 00:56:47.103
ABLE TO.
00:56:47.170 --> 00:56:49.672
.
00:56:49.739 --> 00:56:52.142
STOP OR MOMENTUM MOVING FORWARD
00:56:52.208 --> 00:56:55.912
WITH THIS PERMANENT FIX. IF
00:56:55.979 --> 00:56:57.480
AFTER FORTY YEARS LAWMAKERS
00:56:57.547 --> 00:56:58.248
REALLY FEEL LIKE THERE'S A
00:56:58.314 --> 00:57:00.183
VIABLE LEGISLATIVE ALTERNATIVE
00:57:00.250 --> 00:57:01.251
HERE THAT WE CAN REALLY DO
00:57:01.317 --> 00:57:02.685
SOMETHING ABOUT THIS.
00:57:02.752 --> 00:57:05.321
AS OF LENNY WAS SAYING WE GOT
00:57:05.388 --> 00:57:07.624
OPENED IT UP TO PUBLIC DISCOURSE
00:57:07.690 --> 00:57:09.826
TO REALLY MEANINGFUL COMMUNITY
00:57:09.893 --> 00:57:11.427
ENGAGEMENT TO.
00:57:11.494 --> 00:57:13.496
HEARINGS TO HAVING EVERYBODY
00:57:13.563 --> 00:57:15.498
FLESH OUT THESE ISSUES SORRY.
00:57:15.565 --> 00:57:17.267
THE SECOND.
00:57:17.333 --> 00:57:19.135
FOR EACH OF THESE ISSUES OF ALL
00:57:19.202 --> 00:57:20.503
ON THE TABLE WE NEED TO BRING
00:57:20.570 --> 00:57:21.805
EVERYBODY TOGETHER TO TO RESOLVE
00:57:21.871 --> 00:57:23.006
THOSE.
00:57:23.072 --> 00:57:25.441
PERMANENTLY. SP TWELVE THIRTY
00:57:25.508 --> 00:57:27.477
SEVEN IS NOT A SOLUTION TO THIS
00:57:27.544 --> 00:57:29.045
PROBLEM IN FACT WE BELIEVE THAT
00:57:29.112 --> 00:57:30.547
IT'S A POISON PILL.
00:57:30.613 --> 00:57:32.348
THE LEAGUE OF WOMEN VOTERS OF
00:57:32.415 --> 00:57:33.650
CALIFORNIA DOES NOT SUPPORT
00:57:33.716 --> 00:57:35.151
POISON PILLS IT DOESN'T SUPPORT
00:57:35.218 --> 00:57:37.153
SP TWELVE THIRTY SEVEN AND WE
00:57:37.220 --> 00:57:38.454
URGE YOU TO VOTE AGAINST IT IF
00:57:38.521 --> 00:57:39.389
YOU SO MUCH THANK YOU OKAY
00:57:39.455 --> 00:57:40.857
PERFECT TESTIMONY. WHEN OUT IS
00:57:40.924 --> 00:57:42.392
CAN ASK FOLKS TO BE A TO PROVIDE
00:57:42.458 --> 00:57:43.793
THEIR FIRST AND LAST NAME THE
00:57:43.860 --> 00:57:45.628
ORGANIZATION IN THEIR POSITION
00:57:45.695 --> 00:57:47.497
ON THE BILL SIR WE WELCOME YOU
00:57:47.564 --> 00:57:49.499
AND THANK YOU FOR BEING HERE.
00:57:49.566 --> 00:57:51.000
CHAIRMAN MCGUIRE.
00:57:51.067 --> 00:57:53.703
DAVID.
00:57:53.770 --> 00:57:56.272
LADIES GENTLEMAN. PROPOSITION
00:57:56.339 --> 00:57:58.174
EIGHT. ABA MY NAME IS JEFF
00:57:58.241 --> 00:58:00.443
TARGET HERE I AM HERE TO
00:58:00.510 --> 00:58:03.479
ABDICATE FOR THE CALIFORNIA
00:58:03.546 --> 00:58:07.550
ALLIANCE OF RETIRED AMERICANS.
00:58:07.617 --> 00:58:10.353
TOO LITTLE TOO MUCH.
00:58:10.420 --> 00:58:12.555
THIS IS NOT THE BILL.
00:58:12.622 --> 00:58:14.657
OPPOSITION THANK YOU SO MUCH AND
00:58:14.724 --> 00:58:16.159
THANK YOU FOR BEING HERE CERTAIN
00:58:16.226 --> 00:58:16.793
REPRESENT ORGANIZATIONS GOOD TO
00:58:16.860 --> 00:58:19.929
SEE YOU.
00:58:19.996 --> 00:58:20.864
WE'RE NOW GOING TO WELCOME
00:58:20.930 --> 00:58:21.965
ANYONE ELSE WOULD LIKE TO BE TO
00:58:22.031 --> 00:58:23.633
SPEAK IN SUPPORT IF YOU COULD
00:58:23.700 --> 00:58:25.301
GIVE US YOUR. CASH WHY DO I KEEP
00:58:25.368 --> 00:58:27.737
SAYING SUPPORT I AM SO SORRY I
00:58:27.804 --> 00:58:29.572
NEED HAVE SMALL IT HERE I
00:58:29.639 --> 00:58:30.907
APOLOGIZE IN OPPOSITION.
00:58:30.974 --> 00:58:33.009
.
00:58:33.076 --> 00:58:34.077
IT'S BATES IS VERY SIDES ARE
00:58:34.143 --> 00:58:36.412
GOLDBERG'S BUT THROW CHEERED ME
00:58:36.479 --> 00:58:37.580
SO AS IT EVER GO.
00:58:37.647 --> 00:58:39.382
A POLICE IN THE FLOOR IS YOURS I
00:58:39.449 --> 00:58:41.050
APOLOGIZE TO THESE ISLANDS OUT
00:58:41.117 --> 00:58:41.618
OF IT WITH A NASA PROJECT
00:58:41.684 --> 00:58:42.285
CALIFORNIA IN STRONG OPPOSITION
00:58:42.352 --> 00:58:43.553
TO THE BILL FOR MANY REASONS
00:58:43.620 --> 00:58:45.855
STATED. BENQ THOSE IN OPPOSITION
00:58:45.922 --> 00:58:48.091
GOOD MORNING HIM.
00:58:48.157 --> 00:58:48.858
GOES OUT AND DOES WHAT TRUE LOVE
00:58:48.925 --> 00:58:49.392
THE COALITION FOR HUMANE
00:58:49.459 --> 00:58:50.193
IMMIGRANT RIGHTS AND WE STRONGLY
00:58:50.260 --> 00:58:52.362
OPPOSE THANK YOU SO MUCH WARNING
00:58:52.428 --> 00:58:53.863
HIM. OR ANYTHING JULIE SNYDER
00:58:53.930 --> 00:58:55.531
REPRESENTING HOUSING CALIFORNIA.
00:58:55.598 --> 00:58:57.066
ON THE EXECUTIVE COMMITTEE OF
00:58:57.133 --> 00:58:58.468
THE SCHOOLS AND COMMUNITIES
00:58:58.534 --> 00:59:00.069
FIRST INITIATIVE AND WE ARE
00:59:00.136 --> 00:59:02.705
UNFORTUNATELY OPPOSED THANK YOU
00:59:02.772 --> 00:59:04.440
FOR BEING HERE. GOOD MORNING SIR.
00:59:04.507 --> 00:59:05.008
THANK YOU MISTER CHAIR AND
00:59:05.074 --> 00:59:05.608
MEMBERS TRISTEN ROUND OF THE
00:59:05.675 --> 00:59:06.276
CALIFORNIA FEDERATION OF
00:59:06.342 --> 00:59:07.944
TEACHERS ALSO IN STRONG
00:59:08.011 --> 00:59:09.212
OPPOSITION THANK YOU GOOD TO SEE
00:59:09.279 --> 00:59:11.214
YOU GOOD MORNING SIR. CLINICS
00:59:11.281 --> 00:59:11.748
CALIFORNIANS TO DISABILITY
00:59:11.814 --> 00:59:13.216
RIGHTS.
00:59:13.283 --> 00:59:14.083
OPPOSE GOOD TO SEE YOU THINK YOU
00:59:14.150 --> 00:59:15.952
SO MUCH.
00:59:16.019 --> 00:59:17.120
ANYONE ELSE WHO WOULD LIKE TO BE
00:59:17.186 --> 00:59:18.354
ABLE TO PROVIDE TESTIMONY HO
00:59:18.421 --> 00:59:20.189
ARE OPPOSE IT PLEASE COME FOR
00:59:20.256 --> 00:59:23.393
ANYONE WHO WERE OPPOSED.
00:59:23.459 --> 00:59:25.395
LAST CALL.
00:59:25.461 --> 00:59:26.562
IT'S BRING IT BACK TO COMMITTEE
00:59:26.629 --> 00:59:27.864
FOR QUESTIONS OR COMMENTS WOULD
00:59:27.931 --> 00:59:29.766
LIKE TO BE DECEIVED BY SHARES IN
00:59:29.832 --> 00:59:30.366
QUESTIONS OR COMMENTS AT THIS
00:59:30.433 --> 00:59:31.134
TIME.
00:59:31.200 --> 00:59:32.635
AND AND SO WE DO HAVE A MOTION
00:59:32.702 --> 00:59:35.371
ON THE FLOOR WITH A MOTION BY. A
00:59:35.438 --> 00:59:36.706
SINNER WINNER VICE CHAIR WHICH
00:59:36.773 --> 00:59:38.641
DID YOU PASS APPROPRIATIONS JUST
00:59:38.708 --> 00:59:39.742
A FEW QUICK COMMENTS THAT I
00:59:39.809 --> 00:59:40.643
DEBATE TURNED OVER TO LEADER
00:59:40.710 --> 00:59:42.412
BATES. BOUGHT FOR HER CLOSING
00:59:42.478 --> 00:59:43.546
COMMENTS
00:59:43.613 --> 00:59:44.514
FIRST I WANT TO SAY THANK YOU TO
00:59:44.580 --> 00:59:46.316
GET SENATOR UP FOR TAKING TIME.
00:59:46.382 --> 00:59:48.685
AND A LOT OF ENERGY ON THIS
00:59:48.751 --> 00:59:50.553
VERY DIFFICULT ISSUE. AS WE CAN
00:59:50.620 --> 00:59:52.488
SEE. THERE.
00:59:52.555 --> 00:59:55.058
THERE IS NO EASY FIX
00:59:55.124 --> 00:59:57.093
BUT AND WE. REALLY DO APPRECIATE
00:59:57.160 --> 00:59:59.329
ALL HER WORK ON THIS.
00:59:59.395 --> 01:00:00.930
WE DID SUGGESTS.
01:00:00.997 --> 01:00:02.966
AN AMENDMENT THAT WOULD
01:00:03.032 --> 01:00:04.667
PRESERVE THE HEART OF THE BILL.
01:00:04.734 --> 01:00:06.703
AND HELP BUT MAY AND HELP MAKE
01:00:06.769 --> 01:00:09.005
REAL AND WHAT WE BELIEVE GENUINE
01:00:09.072 --> 01:00:09.872
PROGRESS TOWARDS CLOSING
01:00:09.939 --> 01:00:11.774
LOOPHOLES. OP BUT THAT WERE
01:00:11.841 --> 01:00:14.944
UNDER THE UNDERSTANDING THAT IT-WAS NOT ACCEPTABLE TO THE OFFICE.
01:00:15.011 --> 01:00:16.379
THE AND WE BELIEVE THAT THE BILL
01:00:16.446 --> 01:00:19.582
LEAVES TOO MUCH FLEXIBILITY FOR.
01:00:19.649 --> 01:00:21.684
SOPHISTICATED TAXPAYERS POSE.
01:00:21.751 --> 01:00:23.519
WHO ARE QUITE WEALTHY AYE AND
01:00:23.586 --> 01:00:25.154
OR THEIR ADVOCATES?
01:00:25.221 --> 01:00:27.190
TO AVOID REASSESSMENTS IF THEY
01:00:27.256 --> 01:00:28.358
CAN AFFORD COMPETENT TAX
01:00:28.424 --> 01:00:30.360
ATTORNEYS.
01:00:30.426 --> 01:00:31.260
WHICH IS WHY WILL BE
01:00:31.327 --> 01:00:33.162
RECOMMENDING A NO VOTE TODAY AND
01:00:33.229 --> 01:00:35.365
IT IS AT. WITH NO DISRESPECT
01:00:35.431 --> 01:00:37.767
TO MATTER LEADER AYE AS SHE IS
01:00:37.834 --> 01:00:39.302
AN INCREDIBLE CHAMPION UP FOR
01:00:39.369 --> 01:00:40.903
HER DISTRICT IN THE STATE.
01:00:40.970 --> 01:00:43.206
BUT UNABLE TO SUPPORT IT HAVE
01:00:43.272 --> 01:00:44.707
BEEN DO APPRECIATE YOUR WORK AND
01:00:44.774 --> 01:00:45.908
THE CONVERSATION ABOUT A LEADER
01:00:45.975 --> 01:00:47.710
WOULD LIKE DE OFFER YOU CLOSING
01:00:47.777 --> 01:00:49.212
COMMENTS THOUGH.
01:00:49.278 --> 01:00:50.913
THANK YOU US ENERGY MCGUIRE OF
01:00:50.980 --> 01:00:53.416
JUSTIN RESPECTFUL DISAGREEMENT
01:00:53.483 --> 01:00:54.717
WITH SAW SOME OF THOSE FLY IN
01:00:54.784 --> 01:00:57.687
OPPOSITION. ODD DECIDED TO
01:00:57.754 --> 01:00:59.889
CORRECTION THIS FLAW IN THE
01:00:59.956 --> 01:01:02.392
INTERPRETATION OF OWNERSHIP HA
01:01:02.458 --> 01:01:04.160
HAS BEEN AN ONGOING EFFORT OVER
01:01:04.227 --> 01:01:07.096
MANY YEARS SO TO SUGGEST THAT IS.
01:01:07.163 --> 01:01:08.831
SPECIFICALLY DESIGNED TO PUT A
01:01:08.898 --> 01:01:10.400
POISON PILL BEFORE THOSE WHO
01:01:10.466 --> 01:01:12.402
WERE LEGITIMATELY OUT WITH THE
01:01:12.468 --> 01:01:14.737
PETITION OUGHT TO CHANGE.
01:01:14.804 --> 01:01:16.806
PROP THIRTEEN ARE WITH THEIR
01:01:16.873 --> 01:01:19.675
OWN REASONS AND PASSION AND I IS
01:01:19.742 --> 01:01:20.977
REALLY A MESS.
01:01:21.044 --> 01:01:22.245
BOB I THINK INFORMATION ABOUT
01:01:22.311 --> 01:01:23.846
THIS PARTICULAR BAILEY CAN ALSO
01:01:23.913 --> 01:01:25.782
BE VERY MUCH A PART OF. THE
01:01:25.848 --> 01:01:28.051
DISCUSSION NOT AS INITIATIVE
01:01:28.117 --> 01:01:29.619
COMES FORWARD TO HIS IT'S A WAY
01:01:29.685 --> 01:01:30.486
TO FIX IT ALSO.
01:01:30.553 --> 01:01:32.955
SO OFTEN THAT WITH HAVING SAID
01:01:33.022 --> 01:01:36.025
THAT. I DO BELIEVE MA THAT THIS
01:01:36.092 --> 01:01:37.493
BILL IS A PROTECTION FOR THE
01:01:37.560 --> 01:01:39.429
LITTLE GUY THE PEOPLE WHO RENTS
01:01:39.495 --> 01:01:40.863
PROPERTY LEASED PROPERTY TO RUN
01:01:40.930 --> 01:01:42.598
THEIR SMALL BUSINESSES. WHICH
01:01:42.665 --> 01:01:44.267
HAPPEN TO BE THE ECONOMIC ENGINE
01:01:44.333 --> 01:01:46.469
OF THIS STATE IN THE NATION AND
01:01:46.536 --> 01:01:47.670
THEY WILL BE HOW THE SLICK
01:01:47.737 --> 01:01:49.672
SIGNIFICANT IMPACT HALL WITH
01:01:49.739 --> 01:01:51.240
WHAT COULD BE PROPOSED IN TERMS
01:01:51.307 --> 01:01:52.809
OF ARE REASSESSING COMMERCIAL
01:01:52.875 --> 01:01:54.544
PROPERTY. AND I WANT TO PUT THAT
01:01:54.610 --> 01:01:56.145
OUT THERE TO THE OPPOSITION TO
01:01:56.212 --> 01:01:57.613
TAKE NOTE OF THAT AS THEY GO
01:01:57.680 --> 01:01:59.515
FORWARD WITH THEIR IDEAS. AND
01:01:59.582 --> 01:02:00.917
WE'RE HEARING THAT OUT FROM THE
01:02:00.983 --> 01:02:02.852
THOUSANDS OF SMALL BUSINESS
01:02:02.919 --> 01:02:05.154
OWNERS WHO ARE CONTEMPLATING ARE
01:02:05.221 --> 01:02:06.856
SOMETHING THAT WOULD RESTRUCTURE
01:02:06.923 --> 01:02:08.458
AND REASSESS COMMERCIAL
01:02:08.524 --> 01:02:09.592
PROPERTIES THAT THEY RUN THEIR
01:02:09.659 --> 01:02:11.828
BUSINESSES OUT OF BUT DO NOT OWN.
01:02:11.894 --> 01:02:13.162
BECAUSE THOSE ARE ALWAYS SOUGHT
01:02:13.229 --> 01:02:15.965
PASSED ON TO BECAUSE THE
01:02:16.032 --> 01:02:17.266
BUSINESS OWNERS SENT TO OTHER
01:02:17.333 --> 01:02:20.403
RESEARCH RENTERS ALSO IN TERMS
01:02:20.470 --> 01:02:22.171
OF STOCK OWNERSHIP.
01:02:22.238 --> 01:02:23.106
BECAUSE THIS IS AN INCOME OF
01:02:23.172 --> 01:02:23.906
THAT MANY OF OUR.
01:02:23.973 --> 01:02:25.842
FOLKS WHO LIVE ON OUR SENIORS
01:02:25.908 --> 01:02:27.977
AND TO SUGGEST THAT EVERYTIME LA
01:02:28.044 --> 01:02:30.613
A LARGE PORTION OF STOCK IN A
01:02:30.680 --> 01:02:33.616
COMMERCIAL. LA BUSINESS CHANGES
01:02:33.683 --> 01:02:37.019
BOB BEYOND OUR THAT AFFECTS THE
01:02:37.086 --> 01:02:38.621
VALUE OF THAT STOCK IN THE IN
01:02:38.688 --> 01:02:40.456
THE COST OF THE PURCHASE OF THAT
01:02:40.523 --> 01:02:41.757
STOCK ESPECIALLY THOSE THAT
01:02:41.824 --> 01:02:43.426
PROVIDE DIVIDENDS. IS SOMETHING
01:02:43.493 --> 01:02:45.328
I THINKS HAVE SHOULD BE VERY
01:02:45.394 --> 01:02:48.364
VERY CAREFULLY APPROACH THAT
01:02:48.431 --> 01:02:49.365
COULD BE A HUGE HIT.
01:02:49.432 --> 01:02:50.900
THE PEOPLE WHO LIVE ON THAT KIND
01:02:50.967 --> 01:02:52.568
OF INCOME AND SO THOSE ARE
01:02:52.635 --> 01:02:54.437
THINGS THAT ARE YOU KNOW PART OF
01:02:54.504 --> 01:02:56.272
THIS DISCUSSION THAT PERHAPS
01:02:56.339 --> 01:02:57.907
NEEDS A MORE IN DEPTH
01:02:57.974 --> 01:02:59.275
STAKEHOLDER ROUND TABLE.
01:02:59.342 --> 01:02:59.942
WHATEVER.
01:03:00.009 --> 01:03:01.711
THIS SOME LEADERSHIP AND OUR
01:03:01.777 --> 01:03:03.479
STATE LEGISLATURE CAN FALL
01:03:03.546 --> 01:03:05.481
REQUIRE AND JOHN INITIATE THAT
01:03:05.548 --> 01:03:07.083
WOULD BE VERY HELPFUL BEFORE WE
01:03:07.150 --> 01:03:08.818
TAKE WHAT I CONSIDER TO BE. A
01:03:08.885 --> 01:03:11.087
VERY AYE DANGEROUS STEP FORWARD
01:03:11.154 --> 01:03:12.054
AND SOMETHING THAT IS REALLY
01:03:12.121 --> 01:03:14.490
MADE OWNERSHIP OF PROPERTY BOTH
01:03:14.557 --> 01:03:16.359
RESIDENTIAL AND COMMERCIAL HA
01:03:16.425 --> 01:03:18.127
HELP THIS NATION IN THE STATE
01:03:18.194 --> 01:03:20.530
DRIVE. SO WITHOUT SOLEMN DAHLE
01:03:20.596 --> 01:03:22.765
ASK FOR IT AYE VOTE. AND TO HOLD
01:03:22.832 --> 01:03:24.167
THAT GOING FORWARD WE CAN
01:03:24.233 --> 01:03:25.801
CONTINUE DISCUSSIONS SOMETHING
01:03:25.868 --> 01:03:27.103
THAT IS A NEGATIVE AND A
01:03:27.170 --> 01:03:30.239
POSITIVE. LA ACROSS THIS TO AND
01:03:30.306 --> 01:03:32.041
SOMETHING THAT I'M NOT NOW WOULD
01:03:32.108 --> 01:03:33.075
NEVER DISPUTE THAT WE NEED TO
01:03:33.142 --> 01:03:35.278
TAKE A. LONGER DEEPER DIVE INTO
01:03:35.344 --> 01:03:38.714
HOW WE CAN STRUCTURE IT SO THAT
01:03:38.781 --> 01:03:39.282
THERE'S FAIR ENOUGH ON BOTH
01:03:39.348 --> 01:03:40.183
SIDES.
01:03:40.249 --> 01:03:41.017
THANK YOU THANK YOU SO MUCH FOR
01:03:41.083 --> 01:03:41.651
ADAM LEADER THAT WE DO HAVE A
01:03:41.717 --> 01:03:43.152
MOTION BY THE VICE CHAIR VICE
01:03:43.219 --> 01:03:44.754
CHAIR WYNN WHICH IS A DO PASSED
01:03:44.820 --> 01:03:46.956
YOU APPROPRIATIONS.
01:03:47.023 --> 01:03:48.491
BUT MISS OUT LANE CHESTER ROLL
01:03:48.558 --> 01:03:50.293
CALL VOTE PLEASE WIRED NOW
01:03:50.359 --> 01:03:54.096
REQUIRE NO WIN. WIN AYE. BELL.
01:03:54.163 --> 01:03:54.897
HERNANDEZ.
01:03:54.964 --> 01:03:56.232
HERTZBERG.
01:03:56.299 --> 01:03:59.235
LARA.
01:03:59.302 --> 01:04:00.903
MOORE LA.
01:04:00.970 --> 01:04:02.638
THAT CURTAIN ENJOYS AB ONE ONE
01:04:02.705 --> 01:04:03.639
WAY BUT ONE ONE VOTE ON THE
01:04:03.706 --> 01:04:05.608
FLOOR AND KEEP THE ROLE OPEN AND
01:04:05.675 --> 01:04:07.176
I MET LEADER WE WILL AT
01:04:07.243 --> 01:04:09.478
FOLKS ON AS THEY COME BACK TO
01:04:09.545 --> 01:04:11.347
COMMITTEE. SO THANK YOU SO MUCH
01:04:11.414 --> 01:04:12.715
AND SHOOTING. A MINUTE LATER
01:04:12.782 --> 01:04:16.752
THANK YOU SO MUCH.
01:04:16.819 --> 01:04:17.853
BUT MEMBERS ARE NOW GONNA BE
01:04:17.920 --> 01:04:19.922
MOVING ON TO BUDGET ITEMS ONE
01:04:19.989 --> 01:04:22.325
INTO AYE SENATOR GAINES CENTER
01:04:22.391 --> 01:04:23.359
GAINES WE FIRST.
01:04:23.426 --> 01:04:25.494
PRESENTING SENATE BILL NINE
01:04:25.561 --> 01:04:27.063
NINE FIVE.
01:04:27.129 --> 01:04:28.965
RELATED TO PERSONAL INCOME TAXES
01:04:29.031 --> 01:04:30.566
AND STANDARD DEDUCTIONS EVEN
01:04:30.633 --> 01:04:31.901
WILL BE PRESENTING A S. B. NINE
01:04:31.968 --> 01:04:33.769
NINE SIX.
01:04:33.836 --> 01:04:36.138
OUR. FOCUS ON BASE RATES ARE
01:04:36.205 --> 01:04:37.940
CORPORATION TAXES THESE WILL BE
01:04:38.007 --> 01:04:39.809
PRESENTATION ONLY WE WILL NOT BE
01:04:39.875 --> 01:04:41.143
TAKEN VOTES BUT WE'RE GOING TO
01:04:41.210 --> 01:04:42.745
TURN THE FLOOR OVER TO SENATOR
01:04:42.812 --> 01:04:44.480
GAINES. SENATE GAINS ITS GIVE IT
01:04:44.547 --> 01:04:46.382
I JUST A FEW THIS GIVEN THIRTY
01:04:46.449 --> 01:04:47.817
SECONDS ALLOW FOLKS WOULD EMPTY
01:04:47.883 --> 01:04:49.752
LOT HEARING ROOM AND WILL TURN
01:04:49.819 --> 01:05:00.463
IT OVER TO YOU.
01:05:00.529 --> 01:05:01.464
TENER GAINS THE FLOORS SHORES TO
01:05:01.530 --> 01:05:02.665
BE A PRISON SENATE BILL NINE
01:05:02.732 --> 01:05:03.799
NINE FIVE AND WE WELCOME YOU
01:05:03.866 --> 01:05:05.067
BACK SIR TWO WEEKS IN A ROW IT'S
01:05:05.134 --> 01:05:06.802
GOOD TO SEE YOU. THANK YOU VERY
01:05:06.869 --> 01:05:08.371
MUCH I CHAIR MCGUIRE AND.
01:05:08.437 --> 01:05:09.939
.
01:05:10.006 --> 01:05:10.773
I WAS SICK MEMBERS BUT NOT
01:05:10.840 --> 01:05:12.108
SEEING ANY OF THE MEMBERS BUT
01:05:12.174 --> 01:05:13.509
THANK YOU FOR THIS OPPORTUNITY
01:05:13.576 --> 01:05:14.777
TO PRESENT THIS BILL.
01:05:14.844 --> 01:05:14.944
AND.
01:05:15.011 --> 01:05:17.213
.
01:05:17.280 --> 01:05:19.015
THIS IS SENATE BILL NINE NINE
01:05:19.081 --> 01:05:20.883
SIX AND IT'S A SIMPLE MEASURE AT
01:05:20.950 --> 01:05:21.951
SIX TO EIGHT CALIFORNIANS AT A
01:05:22.018 --> 01:05:23.653
TIME WHEN.
01:05:23.719 --> 01:05:25.755
JOB OPPORTUNITIES ARE LEAVING
01:05:25.821 --> 01:05:26.989
THE STATE SPECIFICALLY THE BILL
01:05:27.056 --> 01:05:28.858
WOULD DECREASE THE INCOME TAX
01:05:28.924 --> 01:05:30.059
THAT AN EMPLOYER WOULD HAVE TO
01:05:30.126 --> 01:05:31.093
PAY FROM EIGHT POINT EIGHT FOUR
01:05:31.160 --> 01:05:32.828
PERCENT.
01:05:32.895 --> 01:05:34.997
TWO SIX POINT EIGHT FOUR PERCENT
01:05:35.064 --> 01:05:36.065
THAT WOULD BRING THE RATE IN
01:05:36.132 --> 01:05:38.868
LINE WITH THE STATE OF NEW YORK.
01:05:38.934 --> 01:05:40.403
CURRENTLY CALIFORNIA HAS THE
01:05:40.469 --> 01:05:42.238
EIGHT HIGHEST
01:05:42.305 --> 01:05:44.540
TAX IN THE COUNTRY.
01:05:44.607 --> 01:05:46.409
COMBINED WITH SOME ONEROUS
01:05:46.475 --> 01:05:47.810
REGULATIONS WHICH MAKE IT
01:05:47.877 --> 01:05:49.545
DIFFICULT TO KEEP BUSINESS HERE
01:05:49.612 --> 01:05:52.248
AND CLAIM CALIFORNIA'S.
01:05:52.315 --> 01:05:53.883
WE DEFINITELY WANT TO WORK HOW
01:05:53.949 --> 01:05:55.251
THIS REDUCTION WOULD ONLY DROP
01:05:55.318 --> 01:05:56.986
CALIFORNIA TO THE TWENTY FIFTH
01:05:57.053 --> 01:05:58.387
HIGHEST INCOME TAX RATE IN THE
01:05:58.454 --> 01:06:00.122
NATION.
01:06:00.189 --> 01:06:01.257
THIS BILL DOES NOT IMPACT THE
01:06:01.324 --> 01:06:02.692
STATE'S MINIMUM TAX THE
01:06:02.758 --> 01:06:04.360
FRANCHISE TAX BOARD THE
01:06:04.427 --> 01:06:06.362
ALTERNATIVE MINIMUM TAX.
01:06:06.429 --> 01:06:07.997
ONLY TRADITIONAL CORPORATIONS
01:06:08.064 --> 01:06:09.598
ANALYSES ELECTED TO BE TREATED
01:06:09.665 --> 01:06:10.700
AS CORPORATIONS ARE CURRENTLY
01:06:10.766 --> 01:06:12.234
SUBJECT.
01:06:12.301 --> 01:06:14.103
TO STATE INCOME TAX OF EIGHT
01:06:14.170 --> 01:06:15.771
POINT EIGHT FOUR PERCENT.
01:06:15.838 --> 01:06:17.306
GOV NET INCOME DERIVED FROM
01:06:17.373 --> 01:06:19.875
BUSINESS TRANS ACTED. IN
01:06:19.942 --> 01:06:22.745
CALIFORNIA BETWEEN.
01:06:22.812 --> 01:06:24.013
TWO THOUSAND SEVEN AND TWO
01:06:24.080 --> 01:06:26.015
THOUSAND FIFTEEN APPROXIMATELY
01:06:26.082 --> 01:06:27.016
NINE THOUSAND COMPANIES LOVE
01:06:27.083 --> 01:06:28.484
CALIFORNIA.
01:06:28.551 --> 01:06:29.318
AND WHAT'S A MOVE THEIR TYPICAL
01:06:29.385 --> 01:06:30.453
SAVINGS.
01:06:30.519 --> 01:06:32.922
.
01:06:32.988 --> 01:06:33.456
WHAT'S A MOVE THE TYPICAL
01:06:33.522 --> 01:06:36.225
SAVINGS RAN BETWEEN TWENTY AND
01:06:36.292 --> 01:06:37.727
THIRTY FIVE PERCENT PER YEAR.
01:06:37.793 --> 01:06:39.495
IN OPERATING COSTS AT A TIME
01:06:39.562 --> 01:06:41.263
WHEN BUSINESSES ARE FACING
01:06:41.330 --> 01:06:42.264
GROWING COST FACTORS IN OUR
01:06:42.331 --> 01:06:43.999
BUDGET.
01:06:44.066 --> 01:06:45.134
FROM OFFICE.
01:06:45.201 --> 01:06:46.602
AND NAY FACTIONS DAYS TO
01:06:46.669 --> 01:06:48.137
COMPLIANCE COSTS IS REGULATORY
01:06:48.204 --> 01:06:50.673
OVERSIGHT. THAT FROM HEALTHCARE
01:06:50.740 --> 01:06:52.641
TO NEW TECHNOLOGY BUSINESSES
01:06:52.708 --> 01:06:55.711
NEED SOME REVENUE TO INCREASE.
01:06:55.778 --> 01:06:57.313
IN THEIR EMPLOYEES INVEST IN
01:06:57.380 --> 01:06:59.715
THEIR EMPLOYEES.
01:06:59.782 --> 01:07:00.950
IN HAVE THE FLEXIBILITY TO GROW
01:07:01.016 --> 01:07:02.618
CALIFORNIA WHAT'S GOLD STATE
01:07:02.685 --> 01:07:04.487
FOR INNOVATION IN JOB GROWTH
01:07:04.553 --> 01:07:06.422
EDUCATION INFRASTRUCTURE. NEEDS
01:07:06.489 --> 01:07:08.591
TO SHAKE OFF THE REPUTATION THAT
01:07:08.657 --> 01:07:10.426
IS GAINED IN RECENT YEARS.
01:07:10.493 --> 01:07:11.494
AS BEING ONE OF THE WORST STATES
01:07:11.560 --> 01:07:13.429
FOR BUSINESS.
01:07:13.496 --> 01:07:15.064
CALIFORNIANS NEED JOBS THEY NEED
01:07:15.131 --> 01:07:17.633
BUSINESSES WHO ARE NOT AFRAID.
01:07:17.700 --> 01:07:19.935
A PAIR APPROPRIATE WAGE MEMBERS
01:07:20.002 --> 01:07:21.837
THIS BILL HAS NO OPPOSITION AND
01:07:21.904 --> 01:07:24.774
I RESPECTFULLY ASK.
01:07:24.840 --> 01:07:26.041
FOR THIS OPPORTUNITY TO MAKE A
01:07:26.108 --> 01:07:27.877
PRESENTATION THANK YOU SO MUCH
01:07:27.943 --> 01:07:30.212
AS CENTER GAINES A I A AND WE
01:07:30.279 --> 01:07:30.846
ARE SENATE NEEDS GIVEN A SUTTER
01:07:30.913 --> 01:07:33.416
TOES YEAH HE IS ON SENATE BILL
01:07:33.482 --> 01:07:34.316
NINE NINE SIX.
01:07:34.383 --> 01:07:35.818
I'M SO WE'RE GOING TO ASK FOR
01:07:35.885 --> 01:07:37.420
THOSE WHO ARE AYE IN SUPPORT OF
01:07:37.486 --> 01:07:39.488
NINE NINE SIX
01:07:39.555 --> 01:07:40.122
CHAIRMAN WHO WOULD LIKE TO BE A
01:07:40.189 --> 01:07:41.424
KICK* OFF AYE YOU HAVE TWO
01:07:41.490 --> 01:07:43.893
MINUTES. SERVE YOU I DON'T MIND
01:07:43.959 --> 01:07:45.027
A GIVEN ISSUE FOR SOME LASSEN
01:07:45.094 --> 01:07:47.196
ORGANIZATION TO BE REALLY TOUGH
01:07:47.263 --> 01:07:47.830
GIVE TWO MINUTES ARE WE WELCOME
01:07:47.897 --> 01:07:48.197
YOU COMMITTEE.
01:07:48.264 --> 01:07:49.632
I THINK TO THE CHAIR AND THE
01:07:49.698 --> 01:07:51.167
COMMITTEE AND TO SENATOR GAINES
01:07:51.233 --> 01:07:52.268
AYE MANY MISTER WELCOME
01:07:52.334 --> 01:07:53.536
REPRESENTING THE CALIFORNIA
01:07:53.602 --> 01:07:55.104
MANUFACTURERS AND TECHNOLOGY
01:07:55.171 --> 01:07:56.272
ASSOCIATION.
01:07:56.338 --> 01:07:58.674
BUT WE ARE STRONG SUPPORT OF SB
01:07:58.741 --> 01:08:00.409
NINE NINE SIX UP FROM OUR
01:08:00.476 --> 01:08:02.611
PERSPECTIVE TAX POLICY IS
01:08:02.678 --> 01:08:04.180
ECONOMIC GROWTH POLICY. A
01:08:04.246 --> 01:08:05.915
CALIFORNIA HAS RECENTLY MOVED
01:08:05.981 --> 01:08:08.117
FROM THE SIX MARS ACADEMY IN THE
01:08:08.184 --> 01:08:08.651
WORLD TO THE FIFTH LARGEST
01:08:08.717 --> 01:08:09.752
ECONOMY IN THE WORLD AND IT'S
01:08:09.819 --> 01:08:11.854
IMPORTANT THAT WE HAVE A TAX
01:08:11.921 --> 01:08:12.688
POLICY THAT ALLOWS OUR
01:08:12.755 --> 01:08:14.123
MANUFACTURERS TO STAY
01:08:14.190 --> 01:08:15.991
COMPETITIVE. AS THEY ARE
01:08:16.058 --> 01:08:17.359
COMPETING. AGAINST
01:08:17.426 --> 01:08:19.462
COMPETITORS FROM NOT JUST.
01:08:19.528 --> 01:08:20.696
DIFFERENT STATES BUT.
01:08:20.763 --> 01:08:21.764
FROM DIFFERENT COUNTRIES.
01:08:21.831 --> 01:08:23.799
.
01:08:23.866 --> 01:08:26.135
THE CHANGE TO THE CORPORATE TAX
01:08:26.202 --> 01:08:27.703
RATE IN THIS BILL IS ABOUT TWO
01:08:27.770 --> 01:08:29.505
PERCENT IT BRINGS US IN LINE
01:08:29.572 --> 01:08:31.340
WITH OUR.
01:08:31.407 --> 01:08:32.041
MOST.
01:08:32.107 --> 01:08:34.510
COMPETITIVE PEER STATES NEW
01:08:34.577 --> 01:08:35.377
YORK'S CORPORATE TAX RATE OF SIX
01:08:35.444 --> 01:08:36.812
POINT SIX POINT FIVE PERCENT
01:08:36.879 --> 01:08:37.680
FLORIDA'S FIVE POINT FIVE
01:08:37.746 --> 01:08:39.448
PERCENT IN TEXAS HAS NO
01:08:39.515 --> 01:08:41.383
CORPORATE TAX RATE AT ALL.
01:08:41.450 --> 01:08:44.386
THIS IS A SMALL REDUCTION IN
01:08:44.453 --> 01:08:45.855
CALIFORNIA'S IN THE V. CORPORATE
01:08:45.921 --> 01:08:47.556
TAX FOR THE CALIFORNIA IT TAKES
01:08:47.623 --> 01:08:49.358
IN BUT THAT RELIEF THAT IT WOULD
01:08:49.425 --> 01:08:50.993
PROVIDE REPRESENTS A HUGE
01:08:51.060 --> 01:08:53.362
SAVINGS FOR A CAPITAL INTENSIVE
01:08:53.429 --> 01:08:54.530
INDUSTRIES LIKE MANUFACTURING
01:08:54.597 --> 01:08:55.798
THAT ALLOW THEM TO EXPAND THEIR
01:08:55.865 --> 01:08:57.633
FACILITIES. HIGHER KEY STAFF
01:08:57.700 --> 01:08:59.869
MEMBERS A PURSUE NEW VENTURES OR
01:08:59.935 --> 01:09:01.537
CONDUCT OF IMPORTANT.
01:09:01.604 --> 01:09:03.205
RESEARCH AND DEVELOPMENT.
01:09:03.272 --> 01:09:04.673
THROUGH.
01:09:04.740 --> 01:09:06.375
A REDUCTION SUCH AS THIS IS VERY
01:09:06.442 --> 01:09:07.576
IMPORTANT IN ATTRACTING NEW
01:09:07.643 --> 01:09:09.044
INVESTMENT CALIFORNIA THAT WILL
01:09:09.111 --> 01:09:11.480
EXPAND OUR OVERALL TAX BASE.
01:09:11.547 --> 01:09:12.815
HE SWITCHES TO COOK IT HAS EVER
01:09:12.882 --> 01:09:14.350
BEST MISS RICE'S WELL MCGINNIS
01:09:14.416 --> 01:09:16.018
AT WHAT CONCERT YOU CAN DESCRIBE
01:09:16.085 --> 01:09:17.853
YOUR FIRST LASSEN ORGANIZATION
01:09:17.920 --> 01:09:18.420
TAKE YOU PRETENDING WELCOME
01:09:18.487 --> 01:09:19.321
COMMITTEE.
01:09:19.388 --> 01:09:20.589
GOOD MORNING MISTER CHAIR AND
01:09:20.656 --> 01:09:22.124
MEMBERS JOHN LEWIS ON BEHALF OF
01:09:22.191 --> 01:09:23.025
THE NATIONAL FEDERATION OF IN
01:09:23.092 --> 01:09:24.393
BUSINESS REPRESENTING OVER
01:09:24.460 --> 01:09:25.127
TWENTY THOUSAND SMALL BUSINESS
01:09:25.194 --> 01:09:26.762
OWNERS WOULD ECHO THE COMMENTS
01:09:26.829 --> 01:09:29.064
OF THE SCENE T. A BUT ALSO ADD
01:09:29.131 --> 01:09:30.866
THAT. WE BELIEVE THAT TAX POLICY
01:09:30.933 --> 01:09:31.934
SHOULD BE A REFLECTION OF OUR
01:09:32.001 --> 01:09:33.269
PRIORITIES IN THE STATE AND IF
01:09:33.335 --> 01:09:34.537
WE CAN PROVIDE.
01:09:34.603 --> 01:09:36.105
TAX BREAKS CONSIDERATIONS TO
01:09:36.171 --> 01:09:37.439
THINGS LIKE BIG SOLAR BIG MOTION
01:09:37.506 --> 01:09:38.941
PICTURE WE SHOULD BE ABLE TO
01:09:39.008 --> 01:09:41.210
PROVIDE THIS TAX RELIEF TO OUR
01:09:41.277 --> 01:09:42.778
BIGGEST MOST PROLIFIC JOB
01:09:42.845 --> 01:09:43.913
CREATORS IN THE STATE. I'M SO I
01:09:43.979 --> 01:09:44.747
THINK SENATOR GAINES FOR
01:09:44.813 --> 01:09:46.248
INTRODUCING THIS AND I HOPE TO
01:09:46.315 --> 01:09:47.483
CONTINUE CONVERSATION GOING
01:09:47.550 --> 01:09:48.651
FORWARD THANK YOU ABSOLUTELY
01:09:48.717 --> 01:09:50.452
WRAPS IT WE ARE COMMITTED TO
01:09:50.519 --> 01:09:52.021
THAT. THAT WE'D LIKE TO BE A TO
01:09:52.087 --> 01:09:53.522
INVITE ANYONE ELSE WOULD LIKE TO
01:09:53.589 --> 01:09:54.323
BE TO SPEAK IN SUPPORT OF THE
01:09:54.390 --> 01:09:55.724
BILL. WELCOME SIR WE'RE GLAD
01:09:55.791 --> 01:09:56.859
YOU'RE HERE MISTER CHAIRMAN WAS
01:09:56.926 --> 01:09:58.127
MATTHEW HARPER THE CALIFORNIA
01:09:58.193 --> 01:10:00.095
BUSINESS PROPERTIES ASSOCIATION
01:10:00.162 --> 01:10:01.497
WE CAN'T MOVE OUR BUILDINGS SO
01:10:01.564 --> 01:10:02.965
WE'RE HOPING TO RETAIN. A
01:10:03.032 --> 01:10:04.500
BUSINESSES HERE AND BRING MORE
01:10:04.567 --> 01:10:07.036
TO THE STATE THANK YOU THANK YOU
01:10:07.102 --> 01:10:08.704
SO MUCH.
01:10:08.771 --> 01:10:09.405
WOULD LIKELY TO SEE ANYONE ELSE
01:10:09.471 --> 01:10:10.306
WOULD LIKELY TO SPEAK IN SUPPORT
01:10:10.372 --> 01:10:11.307
OF THE BILL IF YOU COULD PLEASE
01:10:11.373 --> 01:10:14.810
ADVANCE THE MICROPHONE THIS TIME.
01:10:14.877 --> 01:10:16.979
NO ALRIGHT MISTER OF THE ARMY.
01:10:17.046 --> 01:10:18.380
NOW.
01:10:18.447 --> 01:10:21.150
YEAH IT'S ALL GOOD.
01:10:21.216 --> 01:10:22.418
HE NOTED ARE YOU'RE GOOD YOU'RE
01:10:22.484 --> 01:10:25.588
GOOD ANYONE OUT IN SUPPORT.
01:10:25.654 --> 01:10:26.555
ARE I WOULD THAT CAN NOW BE TO
01:10:26.622 --> 01:10:27.756
SEE IF ANYONE THAT WOULD LIKE TO
01:10:27.823 --> 01:10:28.791
BE A TO SPEAK IN OPPOSITION.
01:10:28.857 --> 01:10:30.359
WE'RE GONNA MAKE ROOM FOR
01:10:30.426 --> 01:10:30.926
OPPOSITION IF YOU DON'T MIND
01:10:30.993 --> 01:10:31.827
GENTLEMAN.
01:10:31.894 --> 01:10:33.162
THANK YOU SO MUCH.
01:10:33.228 --> 01:10:35.164
THANK YOU.
01:10:35.230 --> 01:10:36.599
FAMILY LET ME TO COMMITTEE IS
01:10:36.665 --> 01:10:39.068
ALWAYS GOOD MORNING TO YOU.
01:10:39.134 --> 01:10:42.304
THANK YOU FOR BEING HERE.
01:10:42.371 --> 01:10:44.206
I DON'T GOOD MORNING DANIELLE
01:10:44.273 --> 01:10:45.474
KENDO KAISER ON BEHALF OF THE
01:10:45.541 --> 01:10:46.909
CALIFORNIA TAX REFORMS AS USUAL
01:10:46.976 --> 01:10:47.943
AND.
01:10:48.010 --> 01:10:49.411
WE ARE RESPECTFULLY IN
01:10:49.478 --> 01:10:50.613
OPPOSITION OF S. B. NINE NINE
01:10:50.679 --> 01:10:52.081
SIX.
01:10:52.147 --> 01:10:53.382
WHICH WE FEEL WOULD REDUCE
01:10:53.449 --> 01:10:54.883
CORPORATE TAXES TO THE DETRIMENT
01:10:54.950 --> 01:10:56.552
OF CALIFORNIANS ALL OVER THE
01:10:56.619 --> 01:10:58.654
STATE. STUDIES HAVE CONSISTENTLY
01:10:58.721 --> 01:11:00.189
SHOWN THAT REDUCING CORPORATE
01:11:00.255 --> 01:11:02.024
TAXES HAS LITTLE TO NO IMPACT ON
01:11:02.091 --> 01:11:04.927
EMPLOYMENT OR ECONOMIC GROWTH.
01:11:04.994 --> 01:11:06.395
CONVERSELY HOWEVER THE COSTS OF
01:11:06.462 --> 01:11:07.196
SUCH AN EFFORT IS OVER TWO
01:11:07.262 --> 01:11:08.998
BILLION DOLLARS.
01:11:09.064 --> 01:11:10.065
PER YEAR FOR THE NEXT THREE
01:11:10.132 --> 01:11:11.200
YEARS MORE THAN THE CURRENT
01:11:11.266 --> 01:11:12.735
BUDGET SURPLUS IN THIS YEAR
01:11:12.801 --> 01:11:14.236
ALONE. HAS BEEN NINE NINE SIX
01:11:14.303 --> 01:11:15.471
IT'S AT THE STATE UP FOR
01:11:15.537 --> 01:11:17.306
ECONOMIC UNCERTAINTY. IN THE
01:11:17.373 --> 01:11:18.641
YEARS AHEAD WITH NO PUBLIC
01:11:18.707 --> 01:11:20.509
POLICY IMPACT WE ARE RICHER NOW
01:11:20.576 --> 01:11:22.144
VOTE THANK YOU THANK YOU SO MUCH
01:11:22.211 --> 01:11:24.780
GOOD TO SEE YOU WOULD LIKELY TO
01:11:24.847 --> 01:11:25.347
SEE ANYONE ELSE WHO MAY BE
01:11:25.414 --> 01:11:26.615
OPPOSE. IF YOU COULD PLEASE
01:11:26.682 --> 01:11:27.249
ADVANCE THE MICROPHONE AT THIS
01:11:27.316 --> 01:11:28.984
TIME ANYONE AS OPPOSED TO PLEASE
01:11:29.051 --> 01:11:32.087
ADVANCE THE MICROPHONE.
01:11:32.154 --> 01:11:32.655
LAST CALL FOR THOSE WHO ARE
01:11:32.721 --> 01:11:33.689
OPPOSED.
01:11:33.756 --> 01:11:34.723
THAT'S BRING IT ON BACK AT TO
01:11:34.790 --> 01:11:36.725
COMMITTEE.
01:11:36.792 --> 01:11:37.960
BUT SOONER GAINES WOULD YOU LIKE
01:11:38.027 --> 01:11:39.361
HAVE A CLOSING COMMENT. YES.
01:11:39.428 --> 01:11:41.463
FIRST WHAT LIKE THANK YOU FOR
01:11:41.530 --> 01:11:43.098
THE OPPORTUNITY PRESENT THIS AND
01:11:43.165 --> 01:11:45.768
THAT. I THINK IT SERVES AS A.
01:11:45.834 --> 01:11:48.771
AN OPPORTUNITY TO EXAMINE
01:11:48.837 --> 01:11:50.372
HA TAXES IN THE STATE OF
01:11:50.439 --> 01:11:52.374
CALIFORNIA. INTERVIEW WHERE IT'S
01:11:52.441 --> 01:11:54.510
REVENUE GONNA COME FROM AND I
01:11:54.576 --> 01:11:55.778
GUESS DEPENDING ON HOW YOU LOOK
01:11:55.844 --> 01:11:57.546
AT IT.
01:11:57.613 --> 01:11:58.447
CAN YOU ACTUALLY INCREASE
01:11:58.514 --> 01:12:00.015
REVENUE BY.
01:12:00.082 --> 01:12:01.483
I SING IN THIS CASE CORPORATE
01:12:01.550 --> 01:12:04.119
TAXES CAN YOU DRAW ENOUGH NEW
01:12:04.186 --> 01:12:06.155
BUSINESSES. TO CALIFORNIA
01:12:06.221 --> 01:12:07.389
BECAUSE IT HAS A MORE FAT
01:12:07.456 --> 01:12:09.124
FAVORABLE TAX RATE.
01:12:09.191 --> 01:12:10.993
CERTAINLY WE'VE SEEN A LOT OF
01:12:11.060 --> 01:12:12.795
BUSINESS IN CALIFORNIA GO.
01:12:12.861 --> 01:12:14.763
TO NEVADA.
01:12:14.830 --> 01:12:16.498
OR TO THE STATE OF TEXAS THAT
01:12:16.565 --> 01:12:17.633
DOES NOT HAVE.
01:12:17.700 --> 01:12:17.766
A.
01:12:17.833 --> 01:12:19.601
.
01:12:19.668 --> 01:12:21.170
ANY INCOME TAX SO.
01:12:21.236 --> 01:12:22.371
I'M JUST LOOKING FOR
01:12:22.438 --> 01:12:24.139
OPPORTUNITIES I THINK WE HAVE
01:12:24.206 --> 01:12:25.574
HUGE CHALLENGES IN FRONT OF US.
01:12:25.641 --> 01:12:27.710
EVEN BASED ON THE LATEST MAY
01:12:27.776 --> 01:12:30.012
REVISE BUT PENSION OBLIGATION IS
01:12:30.079 --> 01:12:31.146
NOW OUT THREE HUNDRED BILLION
01:12:31.213 --> 01:12:32.614
DOLLARS.
01:12:32.681 --> 01:12:33.749
AND WE'VE GOT TO FIGURE OUT HOW
01:12:33.816 --> 01:12:35.451
TO INCREASE REVENUE I THINK.
01:12:35.517 --> 01:12:37.753
IT'S VERY SIMILAR TO THIS.
01:12:37.820 --> 01:12:39.588
NOT THAT I'M A PROMOTE
01:12:39.655 --> 01:12:40.823
PROPONENT OF LEGALIZATION OF
01:12:40.889 --> 01:12:42.558
MARIJUANA BUT.
01:12:42.624 --> 01:12:43.959
THAT WHAT WE'RE SEEING IS THE
01:12:44.026 --> 01:12:45.961
BLACK MARKET IS INCREASING AS
01:12:46.028 --> 01:12:48.564
RESULT OF. RATES BEING TAX RATES
01:12:48.630 --> 01:12:50.399
BEING TOO HIGH.
01:12:50.466 --> 01:12:52.668
ALL SITE COLORADO AS AN EXAMPLE.
01:12:52.735 --> 01:12:53.702
WHERE THEY TACK SHE HAD TO GO
01:12:53.769 --> 01:12:56.105
BACK AND REEVALUATE TAX RATES?
01:12:56.171 --> 01:12:58.874
TO MAKE SURE THAT.
01:12:58.941 --> 01:12:59.508
THEY'RE.
01:12:59.575 --> 01:13:02.511
NOT GOING TO A BLACK MARKET. I
01:13:02.578 --> 01:13:03.912
THINK IN THE END THE
01:13:03.979 --> 01:13:04.580
CALIFORNIA'S CASE YOU WOULD
01:13:04.646 --> 01:13:06.448
SUCCEED A MOVEMENT OF THOSE
01:13:06.515 --> 01:13:07.716
PARTICULAR JOBS OUT OF THE STATE
01:13:07.783 --> 01:13:10.486
OF CALIFORNIA. HOUSE SO.
01:13:10.552 --> 01:13:11.320
BELIEVE THAT WE HAVE A THREAT
01:13:11.386 --> 01:13:13.021
FROM CHINA AND THAT THEY'RE
01:13:13.088 --> 01:13:14.690
COMING UP. AND RISING VERY
01:13:14.757 --> 01:13:17.025
QUICKLY TRYING TO EXCEED
01:13:17.092 --> 01:13:19.495
AMERICAN TERMS OF TECHNOLOGY.
01:13:19.561 --> 01:13:22.164
AND THAT WE COULD BE CHALLENGED
01:13:22.231 --> 01:13:23.432
WITH THE SILICON VALLEY.
01:13:23.499 --> 01:13:25.601
IN THE FUTURE AS RESULT OF A
01:13:25.667 --> 01:13:27.903
RISING CHINA IN TECHNOLOGY
01:13:27.970 --> 01:13:29.605
AND THAT WE HAVE TO BE PREPARED
01:13:29.671 --> 01:13:31.874
AND PROVIDE. AS MANY INCENTIVES
01:13:31.940 --> 01:13:32.875
AS WE CAN.
01:13:32.941 --> 01:13:34.510
FOR GROWTH AND JOB CREATION
01:13:34.576 --> 01:13:36.712
CALIFORNIA.
01:13:36.779 --> 01:13:37.980
SO THANK YOU DON'T THINK IS
01:13:38.046 --> 01:13:39.114
RIGHT CENTER GAINES US
01:13:39.181 --> 01:13:40.382
INTERVENES AND I ARE GOING TO
01:13:40.449 --> 01:13:41.717
CONTINUE TO HAVE INCOME STATIONS
01:13:41.784 --> 01:13:43.185
ON THIS IMPORTANT ISSUE. BUT AS
01:13:43.252 --> 01:13:45.320
WE MOVE FORWARD IN GRATEFUL I WE
01:13:45.387 --> 01:13:47.022
HAD COUSIN. ADDITIONAL BILLS
01:13:47.089 --> 01:13:48.590
FROM CENTER GAINES IT THAT WERE
01:13:48.657 --> 01:13:49.658
ADVANCE THAT LAST WEEK AND IT'S
01:13:49.725 --> 01:13:50.692
GOING TO SAY THANK YOU SO MUCH
01:13:50.759 --> 01:13:51.493
FOR ALL YOUR WORK ON THOSE AS
01:13:51.560 --> 01:13:53.562
WELL. CENTER GAINES WHY DON'T WE.
01:13:53.629 --> 01:13:56.999
MOVE TOWARD SENATE BILL NINE
01:13:57.065 --> 01:13:58.333
NINE FIVE.
01:13:58.400 --> 01:13:59.234
BUT IF THAT WORKS FOR YOU STOP
01:13:59.301 --> 01:14:01.236
FOCUSING A PERSONAL INCOME TAXES
01:14:01.303 --> 01:14:01.770
IN IN PARTICULAR STANDARD
01:14:01.837 --> 01:14:03.272
DEDUCTION.
01:14:03.338 --> 01:14:04.373
AND SO CENTER GAINES OF FLOOR
01:14:04.439 --> 01:14:05.908
SHORES ON SENATE BILL NINE NINE
01:14:05.974 --> 01:14:08.277
FIVE THANK YOU VERY MUCH I CHAIR
01:14:08.343 --> 01:14:09.211
MCGUIRE.
01:14:09.278 --> 01:14:10.512
I PERCENT FOR YOUR
01:14:10.579 --> 01:14:12.147
CONSIDERATION SENATE BILL NINE
01:14:12.214 --> 01:14:13.482
NINE FIVE.
01:14:13.549 --> 01:14:14.583
THIS IS A SIMPLE MEASURE THAT
01:14:14.650 --> 01:14:16.251
SEEKS TO A CALIFORNIA TAXPAYERS
01:14:16.318 --> 01:14:17.920
IN THIS TIME. OF THE COST OF
01:14:17.986 --> 01:14:19.154
LIVING IN THE GOLDEN STATE IS
01:14:19.221 --> 01:14:20.689
SKYROCKETING.
01:14:20.756 --> 01:14:21.790
THE BILL WOULD ADD AN
01:14:21.857 --> 01:14:22.991
INCREMENTAL INCREASE TO THE
01:14:23.058 --> 01:14:24.660
STANDARD PERSONAL DEDUCTION FOR
01:14:24.726 --> 01:14:26.762
EVERY TAXPAYER. ENABLING PEOPLE
01:14:26.829 --> 01:14:27.663
TO HAVE JUST A LITTLE MORE
01:14:27.729 --> 01:14:29.731
DISPOSABLE INCOME TO TAKE CARE
01:14:29.798 --> 01:14:31.466
OF THE NECESSITIES OF LIFE.
01:14:31.533 --> 01:14:32.768
IT'S TYPICALLY THE BILL WOULD
01:14:32.835 --> 01:14:33.836
INCREASE THE DEDUCTION BY
01:14:33.902 --> 01:14:35.437
FIFTEEN HUNDRED HOURS FOR SINGLE
01:14:35.504 --> 01:14:37.506
FILERS AND BY THREE THOUSAND
01:14:37.573 --> 01:14:39.408
DOLLARS FOR MARRIED.
01:14:39.474 --> 01:14:41.577
FILING JOINTLY NEARLY TWENTY TWO
01:14:41.643 --> 01:14:43.312
PERCENT OF CALIFORNIANS.
01:14:43.378 --> 01:14:45.247
ARE REPORTED TO BE AT OR BELOW
01:14:45.314 --> 01:14:47.382
THE POVERTY LEVEL IT IS. THESE
01:14:47.449 --> 01:14:49.051
PEOPLE.
01:14:49.117 --> 01:14:50.752
AND NOT THE INSTITUTIONS OF
01:14:50.819 --> 01:14:52.321
GOVERNMENT THAT NEEDS THE MONEY
01:14:52.387 --> 01:14:53.856
THAT THEY HAVE EARNED. WHAT MY
01:14:53.922 --> 01:14:55.591
BILL WILL NOT SOLVE THIS POVERTY
01:14:55.657 --> 01:14:56.859
PROBLEM IT MAY HELP A FEW
01:14:56.925 --> 01:14:58.293
INDIVIDUALS AND FAMILIES FROM
01:14:58.360 --> 01:15:00.662
FALLING? INTO A DEEPER FINANCIAL
01:15:00.729 --> 01:15:03.165
SITUATION. BY INCREASING THE
01:15:03.232 --> 01:15:04.199
STANDARD DEDUCTION AMOUNTS IN
01:15:04.266 --> 01:15:05.734
CALIFORNIA INCREASING THE
01:15:05.801 --> 01:15:08.103
PERCENTAGE OF FILERS.
01:15:08.170 --> 01:15:09.004
CLAIM THE STANDARD DEDUCTION THE
01:15:09.071 --> 01:15:10.639
STATE WOULD ACCOMPLISH MULTIPLE
01:15:10.706 --> 01:15:13.108
DESIRABLE. POLICY OUTCOMES
01:15:13.175 --> 01:15:14.610
BEYOND THOSE ALREADY MENTIONED
01:15:14.676 --> 01:15:16.011
IT WOULD LOWER THE TAX BURDEN ON
01:15:16.078 --> 01:15:18.046
FILERS WHO CURRENTLY USES
01:15:18.113 --> 01:15:20.282
STANDARD DEDUCTION AND WHO WOULD
01:15:20.349 --> 01:15:21.483
CONTINUE TO USE THAT DEDUCTION.
01:15:21.550 --> 01:15:24.019
IT WOULD ALSO LOWER ERROR RATES
01:15:24.086 --> 01:15:25.821
AND TAX FILINGS. LOWER
01:15:25.888 --> 01:15:27.189
COMPLIANCE COSTS.
01:15:27.256 --> 01:15:29.091
THAT TIME FOR TAX FILERS AND
01:15:29.157 --> 01:15:30.525
LOWER PROCESSING IMPERSONAL
01:15:30.592 --> 01:15:32.728
YEARS PERSONNEL YEARS REQUIRED
01:15:32.794 --> 01:15:35.697
BY FD DE THE PROCESS TAX FILINGS.
01:15:35.764 --> 01:15:36.965
MEMBERS THIS BILL HAS NO
01:15:37.032 --> 01:15:38.367
OPPOSITION.
01:15:38.433 --> 01:15:40.002
AND WE'RE NOT UP FOR A VOTE
01:15:40.068 --> 01:15:40.836
IT'S SIMPLY A PROPER.
01:15:40.903 --> 01:15:40.969
I.
01:15:41.036 --> 01:15:42.938
.
01:15:43.005 --> 01:15:45.207
PRESENTATION THANK YOU THANK YOU
01:15:45.274 --> 01:15:46.174
SO MUCH CENTER GAINES WITH THAT
01:15:46.241 --> 01:15:47.476
TO BETTER TURN OVER THE MAN THE
01:15:47.542 --> 01:15:48.710
MYTH THE LEGEND AYE MR WOLF.
01:15:48.777 --> 01:15:50.045
THROUGH THE FLOOR IS YOURS
01:15:50.112 --> 01:15:51.613
MISTER CHAIRMAN AND MISTER
01:15:51.680 --> 01:15:52.814
HERTZBERG THANK YOU VERY MUCH
01:15:52.881 --> 01:15:54.082
GOOD MORNING MEMBERS DAVID WILL
01:15:54.149 --> 01:15:55.517
FOR THE HOWARD JARVIS TAXPAYERS
01:15:55.584 --> 01:15:58.620
ASSOCIATION. IN SUPPORT OF SB
01:15:58.687 --> 01:16:00.022
NINE NINE FIVE HERE TODAY.
01:16:00.088 --> 01:16:01.757
MEMBERS REVIEW THIS INCREASE IN
01:16:01.823 --> 01:16:02.991
THE STANDARD DEDUCTION AS
01:16:03.058 --> 01:16:04.359
BASICALLY CONFORMITY WITH
01:16:04.426 --> 01:16:06.028
FEDERAL TAX REFORM THAT WAS
01:16:06.094 --> 01:16:08.730
APPROVED LAST YEAR BY CONGRESS.
01:16:08.797 --> 01:16:10.432
THERE'S NO DENYING MEMBERS THAT
01:16:10.499 --> 01:16:12.067
CALIFORNIA HAS A TWENTY PERCENT
01:16:12.134 --> 01:16:13.802
POVERTY RATE RIGHT NOW HIGHEST
01:16:13.869 --> 01:16:15.437
IN THE NATION BY FAR IN THE
01:16:15.504 --> 01:16:17.639
STATE OF CALIFORNIA. AND THIS
01:16:17.706 --> 01:16:20.208
HAS A DRAMATIC IMPACT ON AVERAGE
01:16:20.275 --> 01:16:21.476
MIDDLE CLASS CALIFORNIA
01:16:21.543 --> 01:16:23.045
TAXPAYERS UP AND DOWN THE STATE.
01:16:23.111 --> 01:16:24.212
LESS THAN ONE THIRD OF
01:16:24.279 --> 01:16:26.048
CALIFORNIANS SPEND AT LEAST HALF
01:16:26.114 --> 01:16:27.115
OF THEIR TAKE HOME PAY RIGHT NOW
01:16:27.182 --> 01:16:28.350
ON RAN.
01:16:28.417 --> 01:16:30.485
ONE THIRD OF INDIVIDUALS ONLY
01:16:30.552 --> 01:16:31.987
ONE THIRD CAN AFFORD A MEDIAN
01:16:32.054 --> 01:16:32.988
PRICED HOME IN THE STATE OF
01:16:33.055 --> 01:16:34.856
CALIFORNIA WHICH IS FIVE HUNDRED
01:16:34.923 --> 01:16:36.558
AND SIXTY THOUSAND DOLLARS. THIS
01:16:36.625 --> 01:16:37.392
INCREASE IN THE STANDARD
01:16:37.459 --> 01:16:39.394
DEDUCTION PUTS IMMEDIATE DOLLARS
01:16:39.461 --> 01:16:42.264
BACK IN THE TAXPAYERS AB AVERAGE
01:16:42.331 --> 01:16:43.932
MIDDLE CLASS CALIFORNIANS. AND
01:16:43.999 --> 01:16:45.934
IT DOES AS MISTER GAINES MENTION
01:16:46.001 --> 01:16:47.235
MAKE COMPLIANCE SIMPLER FOR A
01:16:47.302 --> 01:16:49.404
LARGE MAJORITY OF CALIFORNIANS
01:16:49.471 --> 01:16:50.839
THOSE MAKING EIGHTY THOUSAND
01:16:50.906 --> 01:16:52.774
DOLLARS OR LESS AGAIN WE WOULD
01:16:52.841 --> 01:16:54.409
ARGUE THOSE THE BENEFIT MOST
01:16:54.476 --> 01:16:56.478
FROM THE FEDERAL TAX REFORM. ARE
01:16:56.545 --> 01:16:58.613
LIABLE NOT ITEMIZING LIABLE TO
01:16:58.680 --> 01:16:59.948
TAKE THE STANDARD DEDUCTION
01:17:00.015 --> 01:17:01.049
SIR I THINK FROM A TAX
01:17:01.116 --> 01:17:03.552
COMPLIANCE ISSUE AS WELL AS JUST
01:17:03.618 --> 01:17:05.587
TO PROMOTE SAVINGS TO AVERAGE
01:17:05.654 --> 01:17:07.723
CALIFORNIANS A STOMACH SOUGHT A
01:17:07.789 --> 01:17:09.224
SENSE ASK FOR AN ITEM. FAR IT
01:17:09.291 --> 01:17:10.892
BEGINS PRESENTATION ONLY THERE
01:17:10.959 --> 01:17:12.327
IS NO VOTE BUT WE LIKE THE BILL.
01:17:12.394 --> 01:17:14.463
THANK YOU SO MUCH RITUAL OF VERY
01:17:14.529 --> 01:17:15.998
GRATEFUL.
01:17:16.064 --> 01:17:16.598
WITH ACTIVITY NOW SEE THERE'S
01:17:16.665 --> 01:17:17.566
ANYONE ELSE IN SUPPORT OF THE
01:17:17.632 --> 01:17:18.233
BILL SAY COULD PLEASE ADVANCE AT
01:17:18.300 --> 01:17:20.702
THIS TIME ANYONE ELSE IN SUPPORT
01:17:20.769 --> 01:17:21.303
OF THE BILL THE PLEASE ADVANCE
01:17:21.370 --> 01:17:23.705
AT THIS TIME.
01:17:23.772 --> 01:17:24.439
BUT IS GENERALLY NOW WOULD LIKE
01:17:24.506 --> 01:17:25.407
TO BETTER TURN IT OVER TO THOSE
01:17:25.474 --> 01:17:26.942
WHO MAY BE OPPOSED IF YOU COULD
01:17:27.009 --> 01:17:29.044
PLEASE COME FORWARD WE ALREADY
01:17:29.111 --> 01:17:31.780
HAVE OUR MAIN PRIMARY HERE.
01:17:31.847 --> 01:17:32.914
PLEASE MA'AM. COULD MORNING
01:17:32.981 --> 01:17:34.316
AGAIN DANIELLE COUNTER BECAUSE
01:17:34.383 --> 01:17:36.084
OUR ON BEHALF OF CALIFORNIA TAX
01:17:36.151 --> 01:17:37.419
REFORM ASSOCIATION WITH ALL DUE
01:17:37.486 --> 01:17:38.954
RESPECT.
01:17:39.021 --> 01:17:40.722
WE OPPOSE THE MEASURE WE IT
01:17:40.789 --> 01:17:42.257
WOULD COST THE GENERAL FUND OVER
01:17:42.324 --> 01:17:43.558
A BILLION DOLLARS IN YEAR ONE
01:17:43.625 --> 01:17:45.293
ALONE.
01:17:45.360 --> 01:17:47.596
AND TAKING AWAY VITAL SERVICES
01:17:47.662 --> 01:17:49.431
FOR ALL CALIFORNIANS SO WE ARE
01:17:49.498 --> 01:17:51.366
ADJOURNED I'VE NO VOTE THANK YOU
01:17:51.433 --> 01:17:52.968
EXERTION YOU KNOW GRATEFUL BUT
01:17:53.035 --> 01:17:54.036
ACCURACY ANYONE ELSE WHO MAY BE
01:17:54.102 --> 01:17:55.170
OPPOSED IF YOU COULD PLEASE
01:17:55.237 --> 01:17:56.638
COMPORT THIS TIME ANYONE IS.
01:17:56.705 --> 01:17:58.340
ANYONE ELSE WHO'S OPPOSED TO
01:17:58.407 --> 01:17:58.940
PLEASE ADVANCE.
01:17:59.007 --> 01:18:02.210
LAST CALL.
01:18:02.277 --> 01:18:03.979
LET'S BRING IT BACK TO
01:18:04.046 --> 01:18:05.380
COMMITTEE TO BE RECEIVED WE HAVE.
01:18:05.447 --> 01:18:08.050
IN THE AYE DISCUSSION OR
01:18:08.116 --> 01:18:09.951
OTHERWISE AND AGAIN WE ARE NOT
01:18:10.018 --> 01:18:11.119
TAKING A VOTE ON THIS BILL
01:18:11.186 --> 01:18:13.321
TODAY'S FREEZING TUITION ONLY.
01:18:13.388 --> 01:18:13.955
WHAT I'D BE ASSUMING DISCUSSION
01:18:14.022 --> 01:18:14.790
OR DEBATE?
01:18:14.856 --> 01:18:15.657
LET'S TURN IT OVER TO CENTER
01:18:15.724 --> 01:18:17.092
GAINES FOR CLOSING COMMENTS AND
01:18:17.159 --> 01:18:18.060
AGAIN AND SORTS THINK IT'S IN
01:18:18.126 --> 01:18:19.761
OUR GAINES AYE FOR ALL OF HIS
01:18:19.828 --> 01:18:20.929
WORK ON BOTH OF THESE ISSUES.
01:18:20.996 --> 01:18:22.497
CENTER GAINES THAT THANK YOU
01:18:22.564 --> 01:18:23.265
VERY MUCH.
01:18:23.331 --> 01:18:24.699
CHAIRMAN MCGUIRE FIRST
01:18:24.766 --> 01:18:26.635
OPPORTUNITY TO MAKE A
01:18:26.701 --> 01:18:27.769
PRESENTATION THEN.
01:18:27.836 --> 01:18:28.870
PERHAPS ADVANCE.
01:18:28.937 --> 01:18:30.338
DEBATE AND DISCUSSION IN THE
01:18:30.405 --> 01:18:32.974
FUTURE ABOUT TAX POLICY.
01:18:33.041 --> 01:18:35.177
IN CALIFORNIA AND HOW WE MEET
01:18:35.243 --> 01:18:36.178
OUR OBLIGATIONS AND ALSO HAVE A
01:18:36.244 --> 01:18:37.879
THRIVING.
01:18:37.946 --> 01:18:41.049
ECONOMY WITH WITH GROWTH AND
01:18:41.116 --> 01:18:43.685
RISING INCOMES THAT.
01:18:43.752 --> 01:18:45.320
CAN HELP REDUCE THE POVERTY RATE
01:18:45.387 --> 01:18:46.922
THE CITY CALIFORNIA AND BRING
01:18:46.988 --> 01:18:48.256
PEOPLE UP TO THE MIDDLE CLASS
01:18:48.323 --> 01:18:50.292
AND BEYOND.
01:18:50.358 --> 01:18:51.126
THANK YOU SO MUCH THANK YOU
01:18:51.193 --> 01:18:52.527
SENATE GAINES AND TRULY DO LOOK
01:18:52.594 --> 01:18:53.762
FOR TO HAVE BEEN A CONTINUE
01:18:53.829 --> 01:18:55.597
CONVERSATIONS WITH YOU AS WELL
01:18:55.664 --> 01:18:57.632
AS ON SENATE BILL NINE NINE SIX
01:18:57.699 --> 01:18:58.567
THANK YOU SO MUCH CENTER IN
01:18:58.633 --> 01:19:01.203
THANK YOU THANK YOU SO MUCH.
01:19:01.269 --> 01:19:02.671
THEY THE GENTLEMAN I WOULD LIKE
01:19:02.737 --> 01:19:03.338
TO BETTER LAY OUT.
01:19:03.405 --> 01:19:06.308
A BRIEF AGENDA FOR THE REST OF
01:19:06.374 --> 01:19:07.242
THE MORNING AND INTO THE
01:19:07.309 --> 01:19:08.310
AFTERNOON.
01:19:08.376 --> 01:19:10.812
WE ARE GOING TO HAVE A VERY.
01:19:10.879 --> 01:19:12.080
TEACHING HERE IN JUST A FEW
01:19:12.147 --> 01:19:13.615
SECONDS
01:19:13.682 --> 01:19:15.117
WE'RE THEN GOING TO TAKE A QUICK
01:19:15.183 --> 01:19:16.685
RECESS A ABOUT FIVE TO TEN
01:19:16.751 --> 01:19:18.653
MINUTES.
01:19:18.720 --> 01:19:19.788
WHERE THEY GONNA RECONVENE?
01:19:19.855 --> 01:19:22.390
INTO OUR SPECIAL ORDER HEARING
01:19:22.457 --> 01:19:23.125
WHICH.
01:19:23.191 --> 01:19:25.227
WILL BE ON SENATE BILL NINE
01:19:25.293 --> 01:19:27.662
NINE THIRTY IN SENATOR HERTZBERG.
01:19:27.729 --> 01:19:30.599
BUT I BEFORE WE TAKE OUR BRIEF
01:19:30.665 --> 01:19:32.601
RECESS WE LIKED IT A WELCOME UP.
01:19:32.667 --> 01:19:35.670
A REAL GENTLEMAN HERE WHO HAS
01:19:35.737 --> 01:19:37.539
LEFT THE SENATE BY IN LEFT TO
01:19:37.606 --> 01:19:38.907
COMMITTEE AND HAS LEFT US IN A
01:19:38.974 --> 01:19:40.242
LURCH.
01:19:40.308 --> 01:19:40.876
BUT.
01:19:40.942 --> 01:19:42.377
WE WANT TO SAY HOW GRATEFUL WE
01:19:42.444 --> 01:19:43.612
ARE TO HIS COMMITMENT TO THE
01:19:43.678 --> 01:19:45.180
PEOPLE OF CALIFORNIA OF COURSE
01:19:45.247 --> 01:19:46.848
TO THIS ISSUE OF GOVERNANCE AND
01:19:46.915 --> 01:19:48.450
FINANCE WE'D LIKE TO HAVE JIMMY
01:19:48.517 --> 01:19:49.084
JIMMY MACDONALD TO BE A TO COME
01:19:49.151 --> 01:19:50.218
FORWARD.
01:19:50.285 --> 01:19:53.455
YOU KNOW I DIDN'T MCDONALD IS
01:19:53.522 --> 01:19:55.624
THE FORMER CONSULTANT I HEAR IT
01:19:55.690 --> 01:19:56.992
SOONER GOVERNMENT'S VINES FOCUS
01:19:57.058 --> 01:19:58.260
ON ALL ISSUES OF LOCAL
01:19:58.326 --> 01:20:00.262
GOVERNMENT. UP PRIOR TO HIS TIME
01:20:00.328 --> 01:20:02.297
IN THE SENATE HE AT WORK ON
01:20:02.364 --> 01:20:03.865
BEHALF OF MILLIONS WHO ARE
01:20:03.932 --> 01:20:05.667
SERVED BY THE AYE SPECIAL
01:20:05.734 --> 01:20:07.335
DISTRICTS HERE IN CALIFORNIA. BY
01:20:07.402 --> 01:20:09.471
IN ABOUT A COUPLE MONTHS AGO AYE
01:20:09.538 --> 01:20:12.474
JIMMY AYE CAME DOWN TO THE FLOOR
01:20:12.541 --> 01:20:13.575
AND SAID I'M.
01:20:13.642 --> 01:20:14.176
SOME BAD NEWS AND DROPPED THE
01:20:14.242 --> 01:20:15.343
BOMB THAT HE'S GOING OVER TO THE
01:20:15.410 --> 01:20:17.412
ASSEMBLY. TIED TO BETTER SERVE
01:20:17.479 --> 01:20:17.946
AS THEIR LOCAL GOVERNMENT
01:20:18.013 --> 01:20:18.980
CONSULTANT
01:20:19.047 --> 01:20:20.081
I AND I GOTTA SAY IT WAS A HUGE
01:20:20.148 --> 01:20:21.716
LOSS
01:20:21.783 --> 01:20:23.318
BUT. WE WANT TO TAKE A MOMENT TO
01:20:23.385 --> 01:20:25.353
BETTER RECOGNIZE HIM THAT JIMMY
01:20:25.420 --> 01:20:27.122
IS NOT ONLY SMART. HE'S
01:20:27.189 --> 01:20:29.324
HARDWORKING GUY AND HE ALWAYS
01:20:29.391 --> 01:20:31.092
PUTS THE PEOPLE THE NEEDS OF THE
01:20:31.159 --> 01:20:33.828
PEOPLE FIRST THOUGHT HE IS
01:20:33.895 --> 01:20:36.031
INCREDIBLY ARTICULATE. HE SPENDS
01:20:36.097 --> 01:20:37.465
TIMEON HIS ANALYSIS.
01:20:37.532 --> 01:20:39.201
IN HOW ANY POTENTIAL
01:20:39.267 --> 01:20:42.170
LEGISLATION WHAT IMPACT THOSE
01:20:42.237 --> 01:20:42.804
THAT NEED THE STATE'S HELP THE
01:20:42.871 --> 01:20:44.839
MOST AND WE JUST WANTED TO BE TO
01:20:44.906 --> 01:20:45.907
TAKE A MOMENT TO SAY THANK YOU
01:20:45.974 --> 01:20:46.174
TO JIMMY.
01:20:46.241 --> 01:20:49.544
AS WE LIKE TO ONE IN PARIS BUT
01:20:49.611 --> 01:20:52.681
INTO I RECOGNIZE THOSE WHO HAVE
01:20:52.747 --> 01:20:53.748
DONE SUCH GREAT WORK HERE IN THE
01:20:53.815 --> 01:20:55.483
CITY IN SPECIALLY ON BEHALF OF
01:20:55.550 --> 01:20:56.718
THE COMMITTEE. WHERE AND I
01:20:56.785 --> 01:20:58.587
HAVEN'T SAFE YOU WORDS IN JUST A
01:20:58.653 --> 01:21:00.088
MOMENT BUT BEFORE WE DO THINK
01:21:00.155 --> 01:21:01.256
THERE TURN IT OVER TO THE FRMER
01:21:01.323 --> 01:21:04.159
I CHAIRED THIS COMMITTEE AND
01:21:04.226 --> 01:21:04.960
SENATOR HERTZBERG?
01:21:05.026 --> 01:21:05.994
THANK YOU MISTER CHAIRMAN IS
01:21:06.061 --> 01:21:07.762
SOMEONE WHO HAD THE DISTINCT
01:21:07.829 --> 01:21:09.898
PLEASURE OF SERVING AS CHAIR OF
01:21:09.965 --> 01:21:10.799
THIS COMMITTEE. AND
01:21:10.865 --> 01:21:13.768
UNDERSTANDING THE OFTEN COMPLEX
01:21:13.835 --> 01:21:15.303
BOTH POLITICAL LEGAL. AND.
01:21:15.370 --> 01:21:17.205
.
01:21:17.272 --> 01:21:19.007
SITUATIONAL IF YOU WILL
01:21:19.074 --> 01:21:20.508
EXCEPTIONS I USED TO SOFT TO SO
01:21:20.575 --> 01:21:22.244
MUCH OF A LAUGH CHO BILL I
01:21:22.310 --> 01:21:23.178
UNDERSTAND THEM WE WE VOTED WHY
01:21:23.245 --> 01:21:25.380
IT. GOT SO SCREWED UP AFTER THE
01:21:25.447 --> 01:21:26.748
THIRTY FIVE YEARS CA
01:21:26.815 --> 01:21:28.216
SUBCOMMITTEE OF EXCEPTIONS.
01:21:28.283 --> 01:21:29.484
AND ALL THE CHALLENGES THAT WE
01:21:29.551 --> 01:21:31.620
FACE I I JUST CAN'T THANK YOU
01:21:31.686 --> 01:21:32.220
ENOUGH FOR YOUR SERVICE BUT TO
01:21:32.287 --> 01:21:33.488
US.
01:21:33.555 --> 01:21:35.323
TIME STORY HAD THE WORK WAS
01:21:35.390 --> 01:21:36.925
CERTAINLY A OTHER STAFF MEMBERS
01:21:36.992 --> 01:21:38.126
WHO WERE AND ARE NOT UP TO YOUR
01:21:38.193 --> 01:21:40.528
STANDARDS BUT. BECOME JOKING.
01:21:40.595 --> 01:21:42.364
BUT BUT YOU DID YOU JUST YOU
01:21:42.430 --> 01:21:43.498
GREAT JOB WE REALLY REALLY
01:21:43.565 --> 01:21:44.466
APPRECIATE AYE I WAS LIKE WIENER
01:21:44.532 --> 01:21:45.433
ANALYSIS AND.
01:21:45.500 --> 01:21:47.636
YOU ARE HELD IN HIGH HONOR BY
01:21:47.702 --> 01:21:49.738
THOSE WHO RUN THIS PLACE AYE AND.
01:21:49.804 --> 01:21:52.807
WE REALLY APPRECIATED AND DOUG.
01:21:52.874 --> 01:21:54.509
WE EXPECT A THAT DEEPENED
01:21:54.576 --> 01:21:55.977
DEDICATED LOYALTY TO THE SENATE.
01:21:56.044 --> 01:21:57.612
SO THAT WHEN YOU GO TO THE
01:21:57.679 --> 01:21:59.581
ASSEMBLY AND WE DID INFORMATION.
01:21:59.648 --> 01:22:01.349
BUT YOU WHERE OUR TATTOOS.
01:22:01.416 --> 01:22:03.485
IN OUR A SPOT FOR US ON ALL
01:22:03.551 --> 01:22:06.187
ISSUES IMPORTANT TO THE CHAIR
01:22:06.254 --> 01:22:06.788
HAD YOU NOT JUST TELL ME WITH
01:22:06.855 --> 01:22:08.156
THAT.
01:22:08.223 --> 01:22:09.357
I STAY Q. AND THAT WILL KEEP
01:22:09.424 --> 01:22:10.692
WORKING THANK YOU SO MUCH THANK
01:22:10.759 --> 01:22:12.093
YOU SO MUCH THAT WE ALSO LIKE TO
01:22:12.160 --> 01:22:14.596
BE TO TURN OVER AYE TO OUR CHIEF
01:22:14.663 --> 01:22:16.531
CONSULTANTOF THE COMMITTEE. I
01:22:16.598 --> 01:22:18.033
AND AT CONGRESS HELD TO BE A
01:22:18.099 --> 01:22:20.035
SAFE YOU WORDS ABOUT MISTER
01:22:20.101 --> 01:22:23.471
MACDONALD MISTER NOW.
01:22:23.538 --> 01:22:24.272
WELL A GUY COULD SCARCELY HAD
01:22:24.339 --> 01:22:25.140
THE ABBOTT AND BEHALF OF THE
01:22:25.206 --> 01:22:26.274
ENTIRE STAFF OF THE GOVERNANCE
01:22:26.341 --> 01:22:27.475
AND FINANCE COMMITTEE I CAN'T
01:22:27.542 --> 01:22:28.610
SAY WHAT A PLEASURE IT WAS TO
01:22:28.677 --> 01:22:28.910
WORK WITH.
01:22:28.977 --> 01:22:30.779
JAMIE MACDONALD FOR THAT FOR
01:22:30.845 --> 01:22:31.780
THE TIME THAT HE WAS WITH THE
01:22:31.846 --> 01:22:32.080
COMMITTEE.
01:22:32.147 --> 01:22:34.683
HE'S A HARD WORKING DILIGENT
01:22:34.749 --> 01:22:36.651
AND INSIGHTFUL CREATIVE AND WOOD
01:22:36.718 --> 01:22:38.286
LITERALLY TAKE ON ANY TASK THAT
01:22:38.353 --> 01:22:39.921
THAT WAS EVER ASKED OF HIM.
01:22:39.988 --> 01:22:40.455
HE'S.
01:22:40.522 --> 01:22:42.590
A BIG LOSS TO THE OFFICE BUT.
01:22:42.657 --> 01:22:43.925
YOU KNOW IN THIS SPIN IN THE
01:22:43.992 --> 01:22:45.460
LEGISLATURE WHEN A GOOD PERSON
01:22:45.527 --> 01:22:47.829
LEAVES FOR A FOR A A GREAT PLACE
01:22:47.896 --> 01:22:49.230
YOU CAN'T BE SAD YOU JUST CAN'T.
01:22:49.297 --> 01:22:50.765
FIND THE NEXT PERSON UP IN AND
01:22:50.832 --> 01:22:51.900
GET ON WITH THINGS.
01:22:51.966 --> 01:22:53.435
BUT I REALLY WANT TO THANK
01:22:53.501 --> 01:22:54.169
JIMMY.
01:22:54.235 --> 01:22:55.470
FURS FRIENDSHIP AND FOR HIS
01:22:55.537 --> 01:22:57.372
EXCELLENT SERVICE AND I REALLY
01:22:57.439 --> 01:22:59.607
LOOK FORWARD TO WORKING FOR WITH
01:22:59.674 --> 01:22:59.774
YOU.
01:22:59.841 --> 01:23:00.809
IN THE FUTURE.
01:23:00.875 --> 01:23:02.977
SO THAT WE HAVE A SPECIAL TOKEN
01:23:03.044 --> 01:23:04.212
OF OUR APPRECIATION BUT WE'D
01:23:04.279 --> 01:23:05.246
LIKE TO BE TO TURN IT OVER TO
01:23:05.313 --> 01:23:06.648
MISTER MACDONALD FIRST TO BE A
01:23:06.715 --> 01:23:07.882
TO SAY FEW WORDS AND AGAIN YOU
01:23:07.949 --> 01:23:08.683
MEET IS NOT BEEN THE SAME
01:23:08.750 --> 01:23:10.151
WITHOUT YOU AND. TRULY YOU ARE
01:23:10.218 --> 01:23:12.087
AT A PLACE SHOULD TO BE A TO
01:23:12.153 --> 01:23:13.788
WORK WITH SO WITH MCDONNELL.
01:23:13.855 --> 01:23:14.589
WELL HOPEFULLY FOR THE BETTER.
01:23:14.656 --> 01:23:17.759
BUT I KNOW I DESERVE ALL OF
01:23:17.826 --> 01:23:21.062
THIS HEY THERE YOU ARE. PARIS
01:23:21.129 --> 01:23:22.430
MEANT GO.
01:23:22.497 --> 01:23:23.932
AYE AYE IT WASN'T AN EASY TIME
01:23:23.998 --> 01:23:24.265
TO LEAVE BUT.
01:23:24.332 --> 01:23:24.833
.
01:23:24.899 --> 01:23:26.668
YOU HAVE A GREAT TEAM. WORKING
01:23:26.735 --> 01:23:28.803
FOR AND I AM SURE THEY CAN
01:23:28.870 --> 01:23:30.805
HANDLE ANYTHING BUT I'M. I I
01:23:30.872 --> 01:23:32.474
MISS YOU GUYS SOON.
01:23:32.540 --> 01:23:34.342
SOCIALLY WORKING FOR YOU SIR
01:23:34.409 --> 01:23:34.509
AND.
01:23:34.576 --> 01:23:36.544
.
01:23:36.611 --> 01:23:37.078
I DIDN'T GO FAR SO I'LL BE
01:23:37.145 --> 01:23:38.480
AROUND.
01:23:38.546 --> 01:23:40.281
SO YEAH JIMMY IS A.
01:23:40.348 --> 01:23:42.250
A CONNOISSEUR OF ADULT
01:23:42.317 --> 01:23:42.717
BEVERAGES.
01:23:42.784 --> 01:23:43.885
IN.
01:23:43.952 --> 01:23:46.054
IN
01:23:46.121 --> 01:23:46.688
IN MODERATE AMOUNTS BY THE WAY.
01:23:46.755 --> 01:23:48.356
.
01:23:48.423 --> 01:23:50.125
JIMMY WE WANTED TO SEE IF YOU
01:23:50.191 --> 01:23:52.026
WANTED TO TELL YOUR STORY ABOUT
01:23:52.093 --> 01:23:52.260
THE.
01:23:53.695 --> 01:23:55.897
BECAUSE OF FOR A BASEBALL GAME
01:23:55.964 --> 01:23:56.231
THAT YEAR AT.
01:23:56.297 --> 01:23:59.067
NO FOOTBALL GAME PLEASE THAT
01:23:59.134 --> 01:24:04.172
WOULD. I DON'T NINE OKAY.
01:24:04.239 --> 01:24:04.339
SO.
01:24:04.406 --> 01:24:06.007
IF IF A VERY GOOD AS MINE FOR
01:24:06.074 --> 01:24:07.075
THE REST OF THE DAY OR THE WEEK
01:24:07.142 --> 01:24:08.309
THAT WE SEE JIMMY ASK ABOUT THE
01:24:08.376 --> 01:24:09.411
FOOTBALL GAME AND SEE WHAT
01:24:09.477 --> 01:24:11.813
HAPPENED WITH HIS.
01:24:11.880 --> 01:24:14.315
INCREDIBLE FIGHT WITH A CHAIR.
01:24:14.382 --> 01:24:15.283
AND I WAS LIKE THAT NO A CHAIR.
01:24:16.751 --> 01:24:18.052
THE GENIE THEY EACH YEAR.
01:24:18.119 --> 01:24:20.288
BUT I JIMMY THANK YOU.
01:24:20.355 --> 01:24:21.823
AND WE WANT TO BE A PRISON TO
01:24:21.890 --> 01:24:23.491
OF COURSE SOME AYE DRY CREEK
01:24:23.558 --> 01:24:24.692
VALLEY CINEMA CAN YOU OLD VINE
01:24:24.759 --> 01:24:25.994
ZINFANDEL FOR YOU.
01:24:26.060 --> 01:24:27.996
A AND I JUST SAY THANK YOU SO
01:24:28.062 --> 01:24:29.964
MUCH FOR ALL OF YOUR SERVICE AND
01:24:30.031 --> 01:24:32.567
YOUR HARD WORK AND I THINK WE
01:24:32.634 --> 01:24:33.201
NEED TO GIVE A ROUND OF APPLAUSE
01:24:33.268 --> 01:24:49.451
TO JIMMY DOT
01:24:55.323 --> 01:24:55.390
.
01:24:55.390 --> 01:25:01.663
MY GOD BILLS. GO BACK. VOTE.
01:25:01.729 --> 01:25:03.064
THANK YOU SO MUCH FOR ALLOWING
01:25:03.131 --> 01:25:04.466
US TO BE A TO BRING FORGIVENESS
01:25:04.532 --> 01:25:05.233
MCDONALD THAT LAYS AND JOHN WERE
01:25:05.300 --> 01:25:05.967
GONNA TAKE ABOUT A TEN MINUTE
01:25:06.034 --> 01:25:07.068
RECESS
01:25:07.135 --> 01:25:08.803
WHERE THEY GONNA RECONVENE INTO
01:25:08.870 --> 01:25:10.438
OUR SPECIAL ORDER HEARING.
01:25:10.505 --> 01:25:11.840
APPRECIATE YOUR PATIENCE IN WILL
01:25:12.173 --> 01:25:13.842
BE RIGHT BACK WITH YOU IN
01:25:13.908 --> 01:25:39.801
YOU SO MUCH
01:25:39.868 --> 01:25:43.137
THAT RECESS.
01:25:43.204 --> 01:25:43.972
BUT WE GOT TO GO TO TAKE CARE OF
01:25:44.038 --> 01:25:45.139
SOME HOUSEKEEPING IF IT WORKS
01:25:45.206 --> 01:25:46.508
FOR FOLKS IS. THAT WE HAVE A
01:25:46.574 --> 01:25:47.876
SLEW OF BUDGET COMMITTEES THAT
01:25:47.942 --> 01:25:48.543
ARE TAKING PLACE TODAY.
01:25:48.610 --> 01:25:49.110
AND.
01:25:49.177 --> 01:25:53.114
ALSO COMMITTEES
01:25:53.181 --> 01:25:54.015
SO WHAT WE TAKE TO BE TO DO IS
01:25:54.082 --> 01:25:55.383
ADD ON TO THE PREVIOUS BILLS
01:25:55.450 --> 01:25:57.252
THAT WE TOOK ACTION ON HIGH IN
01:25:57.318 --> 01:26:00.088
EARLIER MORNING EDITION OF THE
01:26:00.154 --> 01:26:00.989
COMMITTEE. THEN MORE INTO A
01:26:01.055 --> 01:26:03.057
SECOND AD ON AFTER CENTER
01:26:03.124 --> 01:26:03.625
HERTZBERG.
01:26:03.691 --> 01:26:07.095
PRESENTATION IS WELL SO WE ARE
01:26:07.161 --> 01:26:09.130
WE DID PRESENTATION ONLY ON ITEM
01:26:09.197 --> 01:26:11.299
NUMBER ONE INTO SENATE BILL NINE
01:26:11.366 --> 01:26:11.566
NINE FIVE
01:26:11.633 --> 01:26:13.301
IN NINETEEN NINETY SIX.
01:26:13.368 --> 01:26:15.003
WE'D LIKE TO BE ABLE TO ADD ON
01:26:15.069 --> 01:26:16.604
TO SENATE BILL TWELVE THIRTY
01:26:16.671 --> 01:26:18.740
SEVEN THIS IS A DOUCHE PASSED TO
01:26:18.806 --> 01:26:20.842
APPROPRIATIONS THAT CURRENTLY
01:26:20.909 --> 01:26:23.177
ENJOYS A ONE ONE VOTE WITH THE
01:26:23.244 --> 01:26:25.280
CHAIR VOTING NO MISS LANE
01:26:25.346 --> 01:26:27.849
CHESTER ROLL CALL PLEASE. NOW.
01:26:27.916 --> 01:26:30.885
DOWN NOW HERNANDEZ HERTZBERG
01:26:30.952 --> 01:26:34.822
LARA MORE LOCK. YOU HAVE BUT.
01:26:34.889 --> 01:26:35.957
ONE TOO IT CURRENTLY ENJOYS A
01:26:36.024 --> 01:26:37.692
ONE TO VOTE FOR GOING TO KEEP
01:26:37.759 --> 01:26:38.726
THE BILL.
01:26:38.793 --> 01:26:41.329
OPEN IN WILL ADD ON HERE AT THE
01:26:41.396 --> 01:26:44.032
END OUR FINAL BILL OF THE DAY.
01:26:44.098 --> 01:26:46.100
IS SENATE BILL FOURTEEN EIGHTY
01:26:46.167 --> 01:26:47.702
FIVE FROM EARLIER MORNING
01:26:47.769 --> 01:26:49.470
SESSION THIS IS A DO PASSED TO
01:26:49.537 --> 01:26:51.339
APPROPRIATIONS THE CHAIR VOTING
01:26:51.406 --> 01:26:54.542
NO CURRENTLY ENJOYS A ONE TO
01:26:54.609 --> 01:26:58.580
VOTE. MISALIGNED CHESTER ROLL
01:26:58.646 --> 01:26:59.047
CALL PLEASE.
01:26:59.113 --> 01:27:01.049
HERNANDEZ
01:27:01.115 --> 01:27:05.219
HERTZBERG LARA MORLOCK ONE TWO
01:27:05.286 --> 01:27:06.854
SCALE BUT STILL ENJOYS A ONE TO
01:27:06.921 --> 01:27:08.590
VOTE WE'RE GONNA KEEP THAT ROLE
01:27:08.656 --> 01:27:09.257
OPEN.
01:27:09.324 --> 01:27:13.194
AND TO ADD ON HERE IN JUST A
01:27:13.261 --> 01:27:15.063
FEW MOMENTS AFTER SENATOR
01:27:15.129 --> 01:27:16.598
HERTZBERG.
01:27:16.664 --> 01:27:17.265
SO WHAT I'D LIKE TO BE ABLE TO
01:27:17.332 --> 01:27:19.534
DO IS TALK ABOUT OUR PROCESS AND
01:27:19.601 --> 01:27:20.702
THE WAY IT'S GOING TO LOOK FOR
01:27:20.768 --> 01:27:22.370
AND THIS MORNING IN INTO THIS
01:27:22.437 --> 01:27:24.339
AFTERNOON. WE WILL BE HAVING A
01:27:24.405 --> 01:27:26.474
PRECIPITATION BY SENATOR
01:27:26.541 --> 01:27:28.242
HERTZBERG IN WITNESSES COME IN
01:27:28.309 --> 01:27:29.978
THEN WE WILL ALSO HAVE A VERY
01:27:30.044 --> 01:27:31.713
SHORT VIDEO PRESENTATION THAT
01:27:31.779 --> 01:27:33.514
WILL BE DANCE BY SENATOR
01:27:33.581 --> 01:27:34.983
HERTZBERG. WHERE THEY CAN HEAR
01:27:35.049 --> 01:27:35.183
FOR?
01:27:35.249 --> 01:27:37.485
OPPOSITION OF THE BILL WILL
01:27:37.552 --> 01:27:39.687
HAVE ONE PRIMARY WITNESS INTO
01:27:39.754 --> 01:27:41.255
SECONDARY WITNESSES THOSE
01:27:41.322 --> 01:27:42.991
SECONDARY WITNESSES WILL BE
01:27:43.057 --> 01:27:47.195
SPEAKING FOR TWO MINUTES EACH.
01:27:47.261 --> 01:27:47.795
I AND I WANT TO ALSO TAKE A
01:27:47.862 --> 01:27:49.530
MOMENT TO RECOGNIZE THAT SENATOR
01:27:49.597 --> 01:27:51.132
HERTZBERG THAT LOOK THINNER
01:27:51.199 --> 01:27:52.667
HERTZBERG IS A FANTASTIC
01:27:52.734 --> 01:27:54.035
LEGISLATURE OR. BY IN HE IS
01:27:54.102 --> 01:27:55.570
NEVER AFRAID TO TACKLE THE
01:27:55.637 --> 01:27:57.138
STATE'S MOST PRESSING CHALLENGES
01:27:57.205 --> 01:27:58.906
BUT NO MATTER HOW COMPLICATED OR
01:27:58.973 --> 01:28:01.509
CONTROVERSIAL. THE ISSUE MAY BE
01:28:01.576 --> 01:28:02.310
AND TODAY WE'RE GOING TO BE
01:28:02.377 --> 01:28:03.778
DISCUSSING DISCUSSING ONE OF
01:28:03.845 --> 01:28:05.113
THOSE PRESSING ISSUES AND THAT'S
01:28:05.179 --> 01:28:06.881
CALIFORNIA'S TAX SYSTEM. THE
01:28:06.948 --> 01:28:08.616
SYSTEM IS CERTAINLY COMPLICATED
01:28:08.683 --> 01:28:10.284
AND AS YOU CAN TELL BY TODAY'S
01:28:10.351 --> 01:28:12.520
TURNOUT IN THE CORRESPONDENCE
01:28:12.587 --> 01:28:14.555
THE COMMITTEE IS RESEARCH. ANY
01:28:14.622 --> 01:28:16.324
AMENDMENTS ANY AMENDMENTS THAT
01:28:16.391 --> 01:28:17.592
ARE ADVANCE TO THE WAY THE STATE
01:28:17.659 --> 01:28:19.527
IMPOSES TAXES AND GENERATES
01:28:19.594 --> 01:28:21.295
REVENUES ARE CERTAINLY
01:28:21.362 --> 01:28:22.196
CONTROVERSIAL.
01:28:22.263 --> 01:28:23.798
CENTER HERTZBERG I HAVE SPOKEN A
01:28:23.865 --> 01:28:25.566
GREAT DEAL AND I'M GRATEFUL FOR
01:28:25.633 --> 01:28:27.402
THOSE CONVERSATIONS ABOUT THE
01:28:27.468 --> 01:28:29.003
REFORMS HE WOULD LIKE TO ACHIEVE
01:28:29.070 --> 01:28:30.338
AND WHY HE BELIEVES THIS
01:28:30.405 --> 01:28:31.939
PROPOSAL. THAT IS IN FRONT OF
01:28:32.006 --> 01:28:34.642
THE COMMITTEE IS A MORE FAIR.
01:28:34.709 --> 01:28:36.978
EQUITABLE IN STABLE APPROACH TO
01:28:37.045 --> 01:28:37.679
TAXATION HERE IN THE GOLDEN
01:28:37.745 --> 01:28:39.213
STATE. AND I WANT TO THANK THE
01:28:39.280 --> 01:28:40.748
GOOD SENATOR FOR THE DIALOGUE IN
01:28:40.815 --> 01:28:41.849
UNDERSTANDING THE COMMITTEE'S
01:28:41.916 --> 01:28:43.718
CONCERNS ESPECIALLY WITH THE
01:28:43.785 --> 01:28:45.820
COMPLICATIONS OF IMPLEMENTATION
01:28:45.887 --> 01:28:48.389
AND TAXPAYER COMPLIANCE POSED BY
01:28:48.456 --> 01:28:50.224
THIS BILL IN ITS CURRENT FORM.
01:28:50.291 --> 01:28:52.593
TODAY'S HEARING IS A KICK OFF
01:28:52.660 --> 01:28:54.328
GOING TO BE KICK OFF TO A SERIES
01:28:54.395 --> 01:28:56.064
OF HEARINGS IT WILL BE WORKING
01:28:56.130 --> 01:28:57.632
WITH SENATOR HERTZBERG ON.
01:28:57.699 --> 01:28:59.367
HE HAS BEEN WORKING ON THIS
01:28:59.434 --> 01:29:00.902
ISSUE FOR SEVERAL YEARS AND IT
01:29:00.968 --> 01:29:02.937
IS AT HIS SUGGESTION TODAY.
01:29:03.004 --> 01:29:04.639
CENTER HERTZBERG SUGGESTION THAT
01:29:04.706 --> 01:29:06.207
WILL BE ADVANCING AN EXTENDED
01:29:06.274 --> 01:29:08.109
CONVERSATION ABOUT A POTENTIAL
01:29:08.176 --> 01:29:10.812
STATE SERVICE TAX A WE WILL NOT
01:29:10.878 --> 01:29:12.280
BE TAKING AN ACTUAL VOTE ON THE
01:29:12.346 --> 01:29:14.849
BILL TODAY. OUR NEXT HEARING BUT
01:29:14.916 --> 01:29:17.785
WILL BE ON JUNE THIRTEENTH.
01:29:17.852 --> 01:29:20.288
LOOK AGAIN THIS ISSUE IS
01:29:20.354 --> 01:29:21.789
COMPLICATED AND FOLKS HAVE
01:29:21.856 --> 01:29:24.559
CONCERNS IT'S AMBITIOUS AND IT'S
01:29:24.625 --> 01:29:25.993
IMPORTANT THAT THE CONVERSATION
01:29:26.060 --> 01:29:28.029
ADVANCES I LOOK FORWARD. TO
01:29:28.096 --> 01:29:29.297
WORKING WITH MY COLLEAGUE AND
01:29:29.363 --> 01:29:30.364
FRIEND IN ON AN EXTENDED
01:29:30.431 --> 01:29:32.467
CONVERSATION WE'RE GOING TO
01:29:32.533 --> 01:29:33.768
INVOLVED ALL VOICES IN THE
01:29:33.835 --> 01:29:35.336
PROCESS AND WE BELIEVE IT WILL
01:29:35.403 --> 01:29:36.471
GIVE THE PUBLIC AND THOSE
01:29:36.537 --> 01:29:37.905
POTENTIALLY IMPACTED BY THE
01:29:37.972 --> 01:29:39.941
POLICY. AN OPPORTUNITY TO BE A
01:29:40.007 --> 01:29:41.476
PARTICIPATE IN THIS CRITICAL
01:29:41.542 --> 01:29:43.711
CONVERSATION CENTER HERTZBERG I
01:29:43.778 --> 01:29:45.146
KNOW YOU'VE INVESTED YEARS OF
01:29:45.213 --> 01:29:47.949
TIME AND ENERGY ON WHAT IS NOW
01:29:48.015 --> 01:29:49.650
SENATE BILL NINETY NINE THREE.
01:29:49.717 --> 01:29:50.518
WE WANT TO THANK YOU FOR YOUR
01:29:50.585 --> 01:29:52.620
HARD WORK SIR THE FLOOR IS YOURS
01:29:52.687 --> 01:29:55.056
IN THAT KICK OFF THAT IMPORTANT
01:29:55.123 --> 01:29:56.657
CONVERSATION DOWSON HERTZBERG.
01:29:56.724 --> 01:29:57.992
THANK YOU VERY MUCH MISTER CHAIR
01:29:58.059 --> 01:29:59.861
THANK YOU DEAR LEAD COUNSEL HERE
01:29:59.927 --> 01:30:01.262
YOU'RE. A CONSULTANT MISTER
01:30:01.329 --> 01:30:02.663
GRINNELL WHO WORKED FOR ME WHEN
01:30:02.730 --> 01:30:04.332
I.
01:30:04.398 --> 01:30:04.932
CLEAR THIS COMMITTEE AND IN
01:30:04.999 --> 01:30:06.734
THIRD MANY OF THOSE DISCUSSIONS
01:30:06.801 --> 01:30:08.870
OVER THE YEARS INVOLVING SERVICE.
01:30:08.936 --> 01:30:10.071
AND GAVE ME A LOT OF HIS
01:30:10.138 --> 01:30:11.839
THEORIES WHICH I HAVE NOW READ
01:30:11.906 --> 01:30:12.707
IN HIS ANALYSIS.
01:30:12.774 --> 01:30:14.475
.
01:30:14.542 --> 01:30:16.377
YOU KNOW AS AS YOU ALLUDED TO I
01:30:16.444 --> 01:30:18.012
SAT IN YOUR CHAIR AS CHAIR OF
01:30:18.079 --> 01:30:19.914
THIS COMMITTEE.
01:30:19.981 --> 01:30:22.617
A FOR A COUPLE OF YEARS.
01:30:22.683 --> 01:30:24.352
AND YOU HEARD ME IN THE STAFF
01:30:24.418 --> 01:30:25.720
HEARD ME IN THE MEMBERS HEARD ME
01:30:25.787 --> 01:30:26.687
TIME AND TIME AGAIN COMPLAIN
01:30:26.754 --> 01:30:28.756
ABOUT.
01:30:28.823 --> 01:30:30.658
THE COMMITTEE PROCESS.
01:30:30.725 --> 01:30:33.327
THAT. SO OFTEN WE HAVE COMPLEX
01:30:33.394 --> 01:30:34.896
MEASURES THAT INVOLVE TENS
01:30:34.962 --> 01:30:36.264
BILLION SOMETIMES HUNDREDS OF
01:30:36.330 --> 01:30:38.166
BILLIONS OF DOLLARS. AND WE JUST
01:30:38.232 --> 01:30:39.500
ACCOMMODATE EACH OTHER AND
01:30:39.567 --> 01:30:41.135
UNDERMINE IN MY JUDGMENT THE
01:30:41.202 --> 01:30:43.504
IMPORTANCE OF THE LEGISLATURE
01:30:43.571 --> 01:30:45.239
WORD IS TO ENGAGE IN THE DEBATE.
01:30:45.306 --> 01:30:47.241
TO SCRUB THESE MEASURES IN THE
01:30:47.308 --> 01:30:49.076
PRODUCE A PRODUCT THAT DOESN'T
01:30:49.143 --> 01:30:50.778
RELY ON THE EXECUTIVE BRANCH BUT
01:30:50.845 --> 01:30:53.281
THAT WE CAN PROUDLY TALK ABOUT
01:30:53.347 --> 01:30:53.881
WHAT WE DO IN THE WORK THAT WE
01:30:53.948 --> 01:30:55.183
DO.
01:30:55.249 --> 01:30:55.783
I WOULD.
01:30:55.850 --> 01:30:58.219
IN SO IN THAT REGARD IT IS THE
01:30:58.286 --> 01:30:59.887
SPIRIT IN WHICH YOU ARE
01:30:59.954 --> 01:31:01.522
CORRECTLY. EXPRESSING MISTER
01:31:01.589 --> 01:31:03.658
CHAIRMAN. ABOUT HOW THIS SHOULD
01:31:03.724 --> 01:31:05.193
BE CONDUCTED IN A MULTIPLE
01:31:05.259 --> 01:31:06.828
SERIES OF HEARINGS WHEN WE CAN
01:31:06.894 --> 01:31:08.362
CONTINUE BACK AND FORTH WITH
01:31:08.429 --> 01:31:09.831
YOUR STAFF WITH YOUR GOOD
01:31:09.897 --> 01:31:12.333
OFFICES WITH OUR STAFF. AND WITH
01:31:12.400 --> 01:31:14.502
UP. AND OPPONENTS.
01:31:14.569 --> 01:31:16.804
TO BEGIN TO LOOK AND ASK THE
01:31:16.871 --> 01:31:19.540
HARD QUESTIONS IT IT NEVER TO
01:31:19.607 --> 01:31:20.608
GET A GOOD PRODUCT IT TAKES TIME.
01:31:20.675 --> 01:31:22.410
YOU KNOW IT TOOK FORTY ONE TIMES
01:31:22.476 --> 01:31:23.578
FOR THE CIVIL RIGHTS ACT PASSED
01:31:23.644 --> 01:31:25.046
CONGRESS.
01:31:25.112 --> 01:31:26.881
THE THE IT IT CERTAINLY IN MY
01:31:26.948 --> 01:31:28.316
EXPERIENCE AND THINGS I WORKED
01:31:28.382 --> 01:31:29.617
ON WHAT IT WAS TERM LIMITS ARE
01:31:29.684 --> 01:31:31.219
FIFTY PERCENT PLUS ONE OF THE
01:31:31.285 --> 01:31:32.587
BUDGET OR INITIATIVE OF FORMER.
01:31:32.653 --> 01:31:34.455
REDISTRICTING IN THE LIKE THE LA
01:31:34.522 --> 01:31:36.123
WORKED ON FOR YEARS AND THAT'S
01:31:36.190 --> 01:31:37.425
JUST WHAT IT TAKES AND THAT'S IS
01:31:37.491 --> 01:31:38.993
THIS IS ONE OF THESE PROCESSES
01:31:39.060 --> 01:31:40.394
AND IS WITH. IT IS WITH THAT
01:31:40.461 --> 01:31:41.863
ATTITUDE AND TONE THAT WE
01:31:41.929 --> 01:31:43.798
APPROACH IS AND I APPRECIATE
01:31:43.865 --> 01:31:45.299
THAT.
01:31:45.366 --> 01:31:46.734
ATTITUDE AND THOROUGHNESS OF
01:31:46.801 --> 01:31:49.136
FROM THE COMMITTEE WITH ME TODAY
01:31:49.203 --> 01:31:50.805
CA AND CERTAINLY I SAID HE CAN
01:31:50.872 --> 01:31:52.740
PARTICIPATE ANYWAYS BRAD
01:31:52.807 --> 01:31:53.941
WILLIAMS HE IMPLICITLY WAS
01:31:54.008 --> 01:31:55.042
BECAME IN THE ALEJO'S OFFICE IN
01:31:55.109 --> 01:31:56.277
NINETEEN SEVENTY EIGHT. HE
01:31:56.344 --> 01:31:58.212
SERVED AS THE CHIEF ECONOMIST
01:31:58.279 --> 01:31:59.580
FROM NINETEEN NINETY FIVE TWO
01:31:59.647 --> 01:32:01.582
THOUSAND SEVEN FROM THE ALEJO
01:32:01.649 --> 01:32:02.917
AND DIRECTOR OF ECONOMIC AND
01:32:02.984 --> 01:32:04.385
FISCAL FORECAST HE'S BEEN
01:32:04.452 --> 01:32:05.820
WORKING WITH US ON THIS PROJECT
01:32:05.887 --> 01:32:08.155
SINCE TWO THOUSAND ELEVEN.
01:32:08.222 --> 01:32:08.789
TOGETHER WITH A GROUP OF OTHER
01:32:08.856 --> 01:32:10.558
PEOPE. DOING THE HOMEWORK
01:32:10.625 --> 01:32:12.159
DOZENS OF MEETINGS WITH VARIOUS
01:32:12.226 --> 01:32:13.628
GOVERNMENT OFFICES AND DRILLING
01:32:13.694 --> 01:32:15.563
IN SO WE'RE NOT JUST PRESENTING
01:32:15.630 --> 01:32:16.964
SOMETHING THAT'S THE TOP LINE
01:32:17.031 --> 01:32:19.500
IDEA AND AND QUITE FRANKLY. AS
01:32:19.567 --> 01:32:20.534
WE HAVE DEBATED AND YOU'RE GONNA
01:32:20.601 --> 01:32:22.236
SEE TODAY OVER AND OVER AGAIN
01:32:22.303 --> 01:32:24.272
ABOUT HOW TO INTRODUCE THIS
01:32:24.338 --> 01:32:25.840
ISSUE. FARM IT'S BEEN QUITE
01:32:25.907 --> 01:32:29.143
CHALLENGING AND HERE'S WHERE WE
01:32:29.210 --> 01:32:30.645
HAVE HOW WE HAVE LANDED.
01:32:30.711 --> 01:32:32.013
ME START OUT WITH THAT DIRECTED
01:32:32.079 --> 01:32:33.614
IMPORTANT POINT IS.
01:32:33.681 --> 01:32:35.816
THAT THIS TALK IS ABOUT THE
01:32:35.883 --> 01:32:37.985
UNTOUCHABLES SUBJECT OF TAX
01:32:38.052 --> 01:32:40.354
REFORM. THE UNTOUCHABLES SUBJECT
01:32:40.421 --> 01:32:50.197
OF TAX REFORM NO ONE WANTS TO
01:32:50.264 --> 01:32:50.564
TALK ABOUT IT.
01:32:50.631 --> 01:32:50.898
BUT IT FORMS.
01:32:50.965 --> 01:32:51.399
THE FOUNDATION OF ALMOST
01:32:51.465 --> 01:32:51.899
EVERYTHING THAT WE DO IN
01:32:51.966 --> 01:32:52.199
GOVERNMENT.
01:32:52.266 --> 01:32:53.167
TAXES.
01:32:53.234 --> 01:32:54.135
GIVEN THE TOUGHNESS OF THE
01:32:54.201 --> 01:32:55.369
PROJECT I WAS THINKING ABOUT
01:32:55.436 --> 01:32:56.737
ADDING IN PENSION REFORM TO THE
01:32:56.804 --> 01:32:59.340
PROCESS IS WELL WHAT THE HECK.
01:32:59.407 --> 01:33:00.942
WHEN I HAD MY COMPANY IN WALES I
01:33:01.008 --> 01:33:02.209
USED TO JOKE WITH MY PARTNER
01:33:02.276 --> 01:33:03.544
THAT WE ARE WALKING TO THE MOON
01:33:03.611 --> 01:33:04.912
WITH ELEPHANTS ON OUR BACK AND
01:33:04.979 --> 01:33:07.114
IT KIND OF FEELS THE SAME WAY.
01:33:07.181 --> 01:33:08.582
BUT THE CAUSE IS JUST THAT THE
01:33:08.649 --> 01:33:11.419
NEED IS HERE AND.
01:33:11.485 --> 01:33:12.386
THIS IS THE PLACE WITH THE BETA
01:33:12.453 --> 01:33:14.789
CARS.
01:33:14.855 --> 01:33:16.490
SO WHAT IS THE PROBLEM THAT
01:33:16.557 --> 01:33:18.092
WE'RE TRYING TO FIX WHAT ARE WE
01:33:18.159 --> 01:33:19.460
TRYING TO SOLVE WITH THIS TAX
01:33:19.527 --> 01:33:22.763
REFORM PROPOSAL WHERE WE GOING.
01:33:22.830 --> 01:33:24.532
I NEED TO INDULGE THE COMMITTEE.
01:33:24.598 --> 01:33:25.566
AND THE THIRTY EIGHT MILLION
01:33:25.633 --> 01:33:27.268
VIEWERS TODAY WATCHING THIS YEAR
01:33:27.335 --> 01:33:30.438
ONLINE.
01:33:30.504 --> 01:33:31.272
WITH A BIT OF THE HISTORY AND
01:33:31.339 --> 01:33:32.873
THE CONTEXT
01:33:32.940 --> 01:33:34.575
OF WHERE WE'RE COMING FROM.
01:33:34.642 --> 01:33:37.078
AND.
01:33:37.144 --> 01:33:38.312
I THINK THAT WE GET GUIDANCE
01:33:38.379 --> 01:33:40.114
FROM THE GOVERNOR'S.
01:33:40.181 --> 01:33:41.849
CONSTANT. REMARKS CITY MAKES IT
01:33:41.916 --> 01:33:43.484
EVERY.
01:33:43.551 --> 01:33:45.319
MAY REVISED THAT WHAT HE JUST
01:33:45.386 --> 01:33:47.121
SAID IS MOST RECENT RECENT MAY
01:33:47.188 --> 01:33:51.058
REVISE ABOUT. THE VOLATILITY.
01:33:51.125 --> 01:33:52.860
IN TWO THOUSAND AND TEN IS A
01:33:52.927 --> 01:33:53.861
MEMBER OF THE THINK LONG
01:33:53.928 --> 01:33:54.929
COMMITTEE IT GROUP OF
01:33:54.996 --> 01:33:56.130
DISTINGUISHED FOLKS PUT TOGETHER
01:33:56.197 --> 01:33:57.865
BY NICHOLAS BERG YOU AND I WAS
01:33:57.932 --> 01:33:59.333
FORTUNATE TO BE A PART OF IT.
01:33:59.400 --> 01:34:01.102
INCLUDE CONDOLEEZZA RICE AND
01:34:01.168 --> 01:34:02.069
GEORGE SHULTZ THE FORMER
01:34:02.136 --> 01:34:03.471
SECRETARY OF EVERYTHING.
01:34:03.537 --> 01:34:05.473
INCLUDED GOVERNOR DAVIS AND
01:34:05.539 --> 01:34:07.708
MAYOR BROWN IT INCLUDED ABORT
01:34:07.775 --> 01:34:09.710
TYSON THE FORMER CHIEF ECONOMIST.
01:34:09.777 --> 01:34:10.011
OF.
01:34:10.077 --> 01:34:11.545
THE BUT PRESIDENT CLINTON
01:34:11.612 --> 01:34:14.015
STATION CHIEF JUSTICE RON GEORGE
01:34:14.081 --> 01:34:15.316
GERRY PARSKY WHO THEN WAS CHAIR
01:34:15.383 --> 01:34:17.418
OF THE. BOARD OF REGENTS AND HAD
01:34:17.485 --> 01:34:18.986
WORKED ON A PREVIOUS COMMISSION
01:34:19.053 --> 01:34:20.821
LOOKING AT A BLUEPRINT OF WHAT
01:34:20.888 --> 01:34:22.923
OF THE UNDERLYING ARCHITECTURAL
01:34:22.990 --> 01:34:24.725
CHALLENGE THAT WE FACE.
01:34:24.792 --> 01:34:26.627
IN CALIFORNIA.
01:34:26.694 --> 01:34:27.428
WE LOOKED AT THE INITIATIVE
01:34:27.495 --> 01:34:29.296
PROCESS AND SPENT A YEAR AND A
01:34:29.363 --> 01:34:31.665
HALF WORKING ON IT CHECK DONE WE
01:34:31.732 --> 01:34:33.367
WORKED HEAVILY EARLY ON BEFORE
01:34:33.434 --> 01:34:35.669
WE NOW HAVE THIS RAINY DAY FUND
01:34:35.736 --> 01:34:38.205
PART OF OUR PLAN. CHECK DON
01:34:38.272 --> 01:34:39.540
SEVENTEEN BILLION DOLLARS GOING
01:34:39.607 --> 01:34:41.075
TO BE IN A RESERVE PRESUMABLY AS
01:34:41.142 --> 01:34:42.376
A RESULT OF THE GOVERNOR'S
01:34:42.443 --> 01:34:43.944
PROPOSED BUDGET.
01:34:44.011 --> 01:34:45.079
AND ONE OF THE OTHER ISSUES THAT
01:34:45.146 --> 01:34:46.414
WE LOOKED AT THAT WAS QUITE
01:34:46.480 --> 01:34:47.815
CHALLENGING IS TAX REFORM WHAT
01:34:47.882 --> 01:34:49.650
WE DO.
01:34:49.717 --> 01:34:51.385
AND WE SAW WE SAW WHAT GOVERNOR
01:34:51.452 --> 01:34:53.421
BROWN SAW THAT VOLATILITY HERE
01:34:53.487 --> 01:34:54.722
YOU TALKS ABOUT HERE IN THIS
01:34:54.789 --> 01:34:56.624
CHART RIGHT HERE BY JUST CALL IT
01:34:56.690 --> 01:34:58.259
THE JERRY BROWN CHART. BECAUSE
01:34:58.325 --> 01:34:59.560
THAT'S TO CHART HE DREW FOR ME
01:34:59.627 --> 01:35:00.461
AT THAT YOU TALKED ABOUT THE
01:35:00.528 --> 01:35:02.129
JESUITS THAT USED TO DRAW ON THE
01:35:02.196 --> 01:35:03.664
SAME STORY ABOUT THE NATURE OF
01:35:03.731 --> 01:35:04.832
ECONOMY IN REAL ESTATE THAT'S
01:35:04.899 --> 01:35:05.966
KIND OF.
01:35:06.033 --> 01:35:07.201
STARTING IN NINETEEN NINETY
01:35:07.268 --> 01:35:08.469
EIGHT IN TERMS OF REVENUES IN
01:35:08.536 --> 01:35:10.838
CALIFORNIA I LIVE JUST SPEAKER
01:35:10.905 --> 01:35:11.906
OF THE ASSEMBLY THROUGH ONE OF
01:35:11.972 --> 01:35:12.506
THE UPS AND I LOOK THROUGH THE
01:35:12.573 --> 01:35:13.774
DOWNS.
01:35:13.841 --> 01:35:14.375
I CERTAINLY WOULDN'T WANT TO
01:35:14.442 --> 01:35:15.443
HAVE TO LISTEN TO DOWN THE
01:35:15.509 --> 01:35:17.144
CENTER STEINBERG HAD TO LIVE
01:35:17.211 --> 01:35:18.913
THROUGH IT QUITE CHALLENGING.
01:35:18.979 --> 01:35:21.315
AND THAT PROCESS IN TERMS OF THE
01:35:21.382 --> 01:35:22.917
CONTEXT IS HORRIBLE FOR
01:35:22.983 --> 01:35:24.185
CALIFORNIA. IT'S DONNELLY
01:35:24.251 --> 01:35:25.453
HORRIBLE FOR THE PEOPLE THAT WE
01:35:25.519 --> 01:35:26.220
SERVE WITH ITS CLOSING A
01:35:26.287 --> 01:35:28.089
COURTROOM PROVIDING NOT SERVICES
01:35:28.155 --> 01:35:30.091
FOR DEVELOPMENTS ABILITIES OUR
01:35:30.157 --> 01:35:31.258
SCHOOLS ARE FOSTER KIDS. IT'S
01:35:31.325 --> 01:35:33.394
HORRIBLE FOR BUSINESS BECAUSE IT
01:35:33.461 --> 01:35:34.995
SENDS AN IMAGE IN A REPUTATION
01:35:35.062 --> 01:35:36.897
AROUND THE WORLD THAT I USED TO
01:35:36.964 --> 01:35:37.498
TRAVEL WHEN I WAS OUT OF THIS
01:35:37.565 --> 01:35:39.333
PLACE. AT THAT YOU KNOW THESE
01:35:39.400 --> 01:35:41.235
GREAT BUDGET DELAYS AND WHAT'S
01:35:41.302 --> 01:35:42.837
GOING ON CALIFORNIA'S ALWAYS
01:35:42.903 --> 01:35:44.805
EASY TO CRITICIZE CALIFORNIA OR
01:35:44.872 --> 01:35:45.906
FALL INTO THE OCEAN.
01:35:45.973 --> 01:35:47.508
YOU KNOW AND SO IT WAS IMPORTANT
01:35:47.575 --> 01:35:49.510
TO BUILD CONFIDENCE IN WHO WE
01:35:49.577 --> 01:35:51.612
ARE IN OUR ECONOMY AND ALSO
01:35:51.679 --> 01:35:53.280
PROVIDING SERVICES TO PEOPLE
01:35:53.347 --> 01:35:54.615
THAT ARE. THE IT'S SO IMPORTANT
01:35:54.682 --> 01:35:55.716
TO PROVIDE.
01:35:55.783 --> 01:35:57.718
AND SO.
01:35:57.785 --> 01:35:59.320
WHICH IS WE SAT ON THE AND IN
01:35:59.386 --> 01:36:00.988
BARKING ON THIS WE LOOKED AT IT
01:36:01.055 --> 01:36:03.357
WE TALKED EXPERTS WE DID MODELS
01:36:03.424 --> 01:36:04.792
AFTER MODELS OF WHAT TO DO WITH
01:36:04.859 --> 01:36:07.461
RESPECT TO. THE APPROACH BRAD
01:36:07.528 --> 01:36:09.730
WAS ONE OF THOSE EXPERTS TODAY
01:36:09.797 --> 01:36:11.499
WE WERE GOING TO APPEAR BY SKYPE
01:36:11.565 --> 01:36:12.533
BUT IT COULDN'T HAPPEN LAURA
01:36:12.600 --> 01:36:14.435
TYSON WHO SUGGESTED. WITH THE
01:36:14.502 --> 01:36:15.703
CHAIR OF THE COUNCIL OF ECONOMIC
01:36:15.769 --> 01:36:18.606
ADVISERS.
01:36:18.672 --> 01:36:19.640
LONDON SCHOOL AND SITS ON A
01:36:19.707 --> 01:36:21.375
NUMBER OF BOARDS IS CURRENTLY IN
01:36:21.442 --> 01:36:22.143
BERKELEY.
01:36:22.209 --> 01:36:22.576
AND.
01:36:22.643 --> 01:36:23.878
HOPEFULLY SHE'LL APPEAR AT
01:36:23.944 --> 01:36:25.312
FUTURE.
01:36:25.379 --> 01:36:26.881
MEETINGS ARE GOING TO GET SOME
01:36:26.947 --> 01:36:28.649
FIVE PIECES THAT SHE WROTE TO
01:36:28.716 --> 01:36:31.685
TALK ABOUT THE NOTION. OF TAX
01:36:31.752 --> 01:36:33.554
REFORM FOR CALIFORNIA. THAT'S OF
01:36:33.621 --> 01:36:34.889
THE FOOT SOLUTION THAT WE CAME
01:36:34.955 --> 01:36:36.390
UPON.
01:36:36.457 --> 01:36:39.326
WAS A PROGRESSIVELY.
01:36:39.393 --> 01:36:42.062
BUT BOY WAITED SERVICE TAX.
01:36:42.129 --> 01:36:44.331
AS A RESULT OF OUR EFFORTS.
01:36:44.398 --> 01:36:45.633
THAT BASICALLY THE OUTDATED
01:36:45.699 --> 01:36:48.068
SYSTEM OF CALIFORNIA AND WE'RE
01:36:48.135 --> 01:36:49.136
TRYING TO IS TO MODERNIZE TO GET
01:36:49.203 --> 01:36:50.571
RID OF THE VOLATILITY ITS CORE
01:36:50.638 --> 01:36:51.805
NO QUESTION.
01:36:51.872 --> 01:36:54.141
IT ALSO TO TRY TO ALIGN THE
01:36:54.208 --> 01:36:56.343
GROWTH OF THE TO THE STRUCTURE
01:36:56.410 --> 01:36:58.312
OF OUR TAXES WITH THE NATURE OF
01:36:58.379 --> 01:36:59.413
OUR ECONOMY IN THE NINETEEN
01:36:59.480 --> 01:37:01.782
FIFTIES. SALES TAX ON GOODS WERE
01:37:01.849 --> 01:37:03.317
ABOUT SIXTY PERCENT NOW IT'S
01:37:03.384 --> 01:37:05.019
LESS THAN TWENTY PERCENT. IN THE
01:37:05.085 --> 01:37:06.387
NINETEEN FIFTIES PERSONAL INCOME
01:37:06.453 --> 01:37:08.455
TAX WAS ABOUT TWELVE PERCENT NOW
01:37:08.522 --> 01:37:10.257
IT'S NORTH OF SEVENTY PERCENT.
01:37:10.324 --> 01:37:11.525
AND SERVICES TODAY ACCOUNT FOR
01:37:11.592 --> 01:37:12.359
NEARLY EIGHTY PERCENT OF THE
01:37:12.426 --> 01:37:14.195
ECONOMY.
01:37:14.261 --> 01:37:15.529
ANY SYSTEM WHETHER IT'S A
01:37:15.596 --> 01:37:17.131
BUSINESS WHATEVER YOU'RE DOING
01:37:17.198 --> 01:37:19.266
YOU HAVE TO ALIGN YOUR REVENUE
01:37:19.333 --> 01:37:20.801
SOURCE WITH THE NATURE OF WHAT
01:37:20.868 --> 01:37:22.102
YOU'RE DOING AND ONE OF THE
01:37:22.169 --> 01:37:23.437
REASONS WE HAVE THE CHALLENGE
01:37:23.504 --> 01:37:25.239
TODAY. IS BECAUSE THAT'S NOT
01:37:25.306 --> 01:37:27.308
HAPPENING WE PUT IN A RAINY DAY
01:37:27.374 --> 01:37:28.842
FUND WHICH IS GREAT BUT THE
01:37:28.909 --> 01:37:31.178
RAINY DAY FUND IS SIMPLY AND IT
01:37:31.245 --> 01:37:32.913
TOOK ME EVIDENCE OF THE FAILURE
01:37:32.980 --> 01:37:34.215
OF THE SYSTEM. YOU SHOULDN'T
01:37:34.281 --> 01:37:35.983
HAVE THAT LEVEL OF VOLATILITY
01:37:36.050 --> 01:37:37.518
THE RAINY DAY FUND HAS ITS OWN
01:37:37.585 --> 01:37:39.520
POLITICAL RISKS FOR OF FOR THOSE
01:37:39.587 --> 01:37:40.754
WHO ARGUE ON ONE SIDE OF THE
01:37:40.821 --> 01:37:42.189
LEDGER WE SHOULD PUT MORE MONEY
01:37:42.256 --> 01:37:43.557
INTO SERVICES AND ON THE OTHER
01:37:43.624 --> 01:37:45.492
SIDE OF THE LEDGER. ARGUE THAT
01:37:45.559 --> 01:37:46.393
WELL WE LIKE WE DID WITH THE DID
01:37:46.460 --> 01:37:47.795
MAJOR ADMINISTRATION LET'S GIVE
01:37:47.861 --> 01:37:49.029
IT BACK.
01:37:49.096 --> 01:37:50.364
CREATE SOME LEVEL POLITICAL
01:37:50.431 --> 01:37:52.032
TENSIONS WHICH ISN'T NECESSARY
01:37:52.099 --> 01:37:53.167
WHAT WE WANT TO DO IS TO HAVE A
01:37:53.234 --> 01:37:54.602
GOVERNMENT THAT GROWS
01:37:54.668 --> 01:37:56.136
INTELLIGENTLY INSTEAD EARLY. AND
01:37:56.203 --> 01:37:57.738
SO THIS IS THE REASON WHY WE
01:37:57.805 --> 01:38:00.174
FELT THAT THE SERVICE TAX WHICH
01:38:00.241 --> 01:38:01.041
SO IMPORTANT IF YOU LOOK AT THIS
01:38:01.108 --> 01:38:02.876
CHART APPEAR THAT CAME OUT OF
01:38:02.943 --> 01:38:04.645
THE LA OWES OFFICE. IT'LL SHOW
01:38:04.712 --> 01:38:07.748
YOU QUITE CLEARLY PARDON WHERE
01:38:07.815 --> 01:38:08.983
PRICES OF GOODS HAVE GOAL BUT
01:38:09.049 --> 01:38:10.584
MORE SLOWLY THAN PRICES OF
01:38:10.651 --> 01:38:12.486
SERVICES LOOK AT THOSE NUMBERS
01:38:12.553 --> 01:38:13.587
IT'LL GIVE YOU THE NUMBER IT
01:38:13.654 --> 01:38:15.189
TELLS A STORY IN THE SIMPLEST
01:38:15.256 --> 01:38:17.057
CHART. CREATED BY THE ALEJO'S
01:38:17.124 --> 01:38:17.958
OFFICE.
01:38:18.025 --> 01:38:19.994
ABOUT THE RATE OF GROWTH IN WHY
01:38:20.060 --> 01:38:21.528
YOU'D WANT TO GO TO SERVICES AND
01:38:21.595 --> 01:38:22.796
SECONDLY THE REASON WHY YOU WANT
01:38:22.863 --> 01:38:24.531
TO GO TO SERVICES IS BECAUSE
01:38:24.598 --> 01:38:26.600
IT'S NOT SERVICES ARE EXPORTABLE.
01:38:26.667 --> 01:38:27.901
VERY CONSUMED HERE IT REALLY IS
01:38:27.968 --> 01:38:30.371
IN ITS FORM A CONSUMPTION TAX.
01:38:30.437 --> 01:38:32.573
IN A GLOBALIZED ECONOMY YOU KNOW
01:38:32.640 --> 01:38:33.507
WE EAST YOU WE GONNA LOOK AT THE
01:38:33.574 --> 01:38:35.175
NUMBERS SENATOR JACKSON TALKS
01:38:35.242 --> 01:38:36.910
ABOUT THIS ALL THE TIME ABOUT
01:38:36.977 --> 01:38:38.412
WHAT THE RATES USED TO BE IN THE
01:38:38.479 --> 01:38:39.747
FIFTIES ENOUGH IN THE FORTIES
01:38:39.813 --> 01:38:41.482
AND SIXTIES. EIGHTY NINETY
01:38:41.548 --> 01:38:43.083
PERCENT TAX RATES THOSE ARE
01:38:43.150 --> 01:38:44.852
IMPOSSIBLE TO MAINTAIN TODAY IN
01:38:44.918 --> 01:38:46.387
A GLOBALIZED ECONOMY BECAUSE
01:38:46.453 --> 01:38:47.788
LAWYERS AND ACCOUNTANTS AND
01:38:47.855 --> 01:38:49.723
EVERYBODY ELSE APPROPRIATELY
01:38:49.790 --> 01:38:51.558
CRAIG TAX EFFICIENT ENTITIES FOR
01:38:51.625 --> 01:38:54.094
CORPORATIONS OR FOR. INDIVIDUALS
01:38:54.161 --> 01:38:55.929
TO MINIMIZE THEIR TAX IT'S JUST
01:38:55.996 --> 01:38:58.332
WHAT WHAT WHAT WEALTH DOES IT
01:38:58.399 --> 01:39:00.534
IT'S NATURE I DON'T JUDGE IT IT
01:39:00.601 --> 01:39:00.968
JUST IS WHAT IT IS.
01:39:01.035 --> 01:39:03.137
AND SO.
01:39:03.203 --> 01:39:04.471
THE BOTTOM LINE IS WHEN I CAME
01:39:04.538 --> 01:39:05.539
IN THE GOVERNMENT THE VERY FIRST
01:39:05.606 --> 01:39:06.874
BILL THAT I INTRODUCED WAS
01:39:06.940 --> 01:39:08.208
INTENT LANGUAGE IT WAS CALLED S.
01:39:08.275 --> 01:39:09.510
B. EIGHT.
01:39:09.576 --> 01:39:11.078
IT WAS DECEMBER TWO THOUSAND
01:39:11.145 --> 01:39:13.213
FOURTEEN IT IT EVIDENCE THAT HIT
01:39:13.280 --> 01:39:14.515
ALL THE WORK THAT WE HAVE BEEN
01:39:14.581 --> 01:39:16.583
DOING FOR THE YEARS BEFORE. NOT
01:39:16.650 --> 01:39:18.085
WITH ANY CONTEXT AND NOT IN THE
01:39:18.152 --> 01:39:19.286
CONTENT
01:39:19.353 --> 01:39:21.155
BUT JUST INTENT LANGUAGE FRAMING
01:39:21.221 --> 01:39:22.556
OUT THE NOTION THAT THE THAT THE
01:39:22.623 --> 01:39:24.391
ECONOMY SHIFTING. THAT WE NEED
01:39:24.458 --> 01:39:25.592
TO ALIGN INTERESTS AND WHICH YOU
01:39:25.659 --> 01:39:26.593
GO TO A SERVICE ACOSTA SERVICE
01:39:26.660 --> 01:39:28.395
TAX.
01:39:28.462 --> 01:39:29.430
IT RESULTED IN JUST AN
01:39:29.496 --> 01:39:30.297
EXTRAORDINARY AMOUNT OF
01:39:30.364 --> 01:39:31.999
OPPOSITION.
01:39:32.066 --> 01:39:33.467
HAD NOT A WORD OF STATUTORY
01:39:33.534 --> 01:39:35.069
LANGUAGE IN IT.
01:39:35.135 --> 01:39:36.770
BUT IT HAD AN IDEA THE POWER OF
01:39:36.837 --> 01:39:38.339
IDEAS.
01:39:38.405 --> 01:39:40.140
A MEETING WAS CALLED ON THE
01:39:40.207 --> 01:39:41.508
FOURTEENTH OF JANUARY IN TWO
01:39:41.575 --> 01:39:43.577
THOUSAND FIFTEEN WHICH HAD I'M
01:39:43.644 --> 01:39:44.445
GUESSING OVER A HUNDRED BUSINESS
01:39:44.511 --> 01:39:46.380
INTERESTS.
01:39:46.447 --> 01:39:48.382
A CROSS EXAMINE ME AT LENGTH
01:39:48.449 --> 01:39:50.050
ABOUT WHAT THIS MEANT AND HOW IT
01:39:50.117 --> 01:39:51.352
AFFECTED THIS AND WHAT WAS YOU
01:39:51.418 --> 01:39:53.454
AT THAT MEETING. AND AND.
01:39:53.520 --> 01:39:55.723
AT ALL THESE VARIOUS ISSUES AND
01:39:55.789 --> 01:39:56.990
COMPLICATED HYPOTHETICALS AND
01:39:57.057 --> 01:39:58.559
THE LIKE.
01:39:58.625 --> 01:40:00.194
AND ALL I SAID WAS THAT I HAD
01:40:00.260 --> 01:40:01.628
THE BRIGHTEST MINDS I COULD FIND
01:40:01.695 --> 01:40:03.664
THAT SAID THIS IS THE ROUTE.
01:40:03.731 --> 01:40:06.100
I'M OPEN TO ANY IDEA BIG GNOSTIC
01:40:06.166 --> 01:40:07.334
I'M TRYING TO MAINTAIN PRO
01:40:07.401 --> 01:40:09.036
REGRESSIVITY I'M TRYING TO
01:40:09.103 --> 01:40:11.105
REDUCE VOLATILITY AND TRYING TO
01:40:11.171 --> 01:40:12.673
ALIGN INTEREST FOR FOR THE
01:40:12.740 --> 01:40:14.341
GOVERNMENT MOVING FORWARD TO
01:40:14.408 --> 01:40:15.943
MODERNIZE OUR TAX STRUCTURE.
01:40:16.009 --> 01:40:18.379
THIS IS WHAT THE ROAD LOOKS LIKE
01:40:18.445 --> 01:40:19.880
THERE ARE NOT A LOT OF OTHER
01:40:19.947 --> 01:40:22.216
ROADS AND SO I AM BARKED UPON A
01:40:22.282 --> 01:40:25.486
THREE YEAR. LISTENING TO OR.
01:40:25.552 --> 01:40:26.854
BUT GOING AND TALKING TO
01:40:26.920 --> 01:40:28.355
INTERESTS ALL ACROSS THE STATE
01:40:28.422 --> 01:40:29.790
IN ALL PARTS OF THE STATE ANY
01:40:29.857 --> 01:40:30.958
GROUP THAT WANTED TO TALK WE
01:40:31.024 --> 01:40:32.459
LISTENED.
01:40:32.526 --> 01:40:34.862
AS A RESULT OF S. B. EIGHT.
01:40:34.928 --> 01:40:35.963
SUBSEQUENTLY IN ORDER TO KEEP
01:40:36.029 --> 01:40:37.297
THE CONVERSATION GOING INTO
01:40:37.364 --> 01:40:39.066
THOUSAND SIXTEEN I INTRODUCED S.
01:40:39.133 --> 01:40:40.701
B. FOURTEEN FORTY FIVE AND TWO
01:40:40.768 --> 01:40:42.102
THOUSAND SEVENTEEN S. B. SIX
01:40:42.169 --> 01:40:44.638
FORTY. BOTH OF WHICH WERE SIMPLY
01:40:44.705 --> 01:40:46.273
INTENT LANGUAGE BOTH OF WHICH
01:40:46.340 --> 01:40:48.142
SIMPLY TRIED TO DATE TO MOVE THE
01:40:48.208 --> 01:40:49.610
DEBATE FORWARD.
01:40:49.676 --> 01:40:51.178
IN THOSE MEASURES THAT SERVICE
01:40:51.245 --> 01:40:52.780
TAXES MUCH MORE EXPANSIVE ALL
01:40:52.846 --> 01:40:54.214
TALK ABOUT THE DIFFERENCES BUT
01:40:54.281 --> 01:40:56.617
THE NOTION WAS TO LISTEN.
01:40:56.683 --> 01:40:58.886
AND LISTEN I DID.
01:40:58.952 --> 01:41:00.854
AND I REALLY TOOK TO HEART ALL
01:41:00.921 --> 01:41:02.556
ACROSS THE STATE MARCH COUNTY
01:41:02.623 --> 01:41:03.991
FOR THE BAY AREA ALL OVER THE
01:41:04.057 --> 01:41:05.893
PLACE. AYE WHAT EVERYONE
01:41:05.959 --> 01:41:08.462
EVERYPLACE ANYBODY ASKED WHO
01:41:08.529 --> 01:41:09.930
WANTED TO DISCUSS THE ISSUE
01:41:09.997 --> 01:41:11.598
AGAIN MY MESSAGE WAS WAS NOT TO
01:41:11.665 --> 01:41:12.933
BE.
01:41:13.000 --> 01:41:15.235
A BOMBASTIC BUT TO LISTEN AND TO
01:41:15.302 --> 01:41:17.004
SAY WE HAVE THIS CHALLENGE HOW
01:41:17.070 --> 01:41:18.705
DO YOU FIX IT WHAT'S THE
01:41:18.772 --> 01:41:20.507
SOLUTION ARE I DIDN'T GET ANY
01:41:20.574 --> 01:41:23.043
SOLUTIONS ALL I GOT IS EXEMPT US
01:41:23.110 --> 01:41:24.678
FOR HOW IT AFFECTS US.
01:41:24.745 --> 01:41:26.814
WHICH IS BIG CERTAINLY I I DON'T
01:41:26.880 --> 01:41:28.415
BEGRUDGE BECAUSE IT'S NOT
01:41:28.482 --> 01:41:30.250
INTEREST GROUPS JOBS TO GOVERN
01:41:30.317 --> 01:41:32.719
IT'S OUR JOB TO GOVERN AND TO
01:41:32.786 --> 01:41:34.788
FIGURE IT OUT AND TO LEAD AND
01:41:34.855 --> 01:41:36.490
THAT'S WHAT I WAS TRYING TO DO.
01:41:36.557 --> 01:41:37.925
SO THROUGH THIS LONG PROCESS WE
01:41:37.991 --> 01:41:40.227
NOW COME TO S. B. NINE NINETY
01:41:40.294 --> 01:41:42.262
THREE WHICH IS INTRODUCED THIS
01:41:42.329 --> 01:41:44.331
YEAR OF LAST YEAR AND IT WAS A
01:41:44.398 --> 01:41:46.233
SEASON WHATEVER IT WAS SESSION.
01:41:46.300 --> 01:41:49.403
AGAIN WITH INTENT LANGUAGE.
01:41:49.470 --> 01:41:51.238
THAT WAS THE IDEA.
01:41:51.305 --> 01:41:54.074
AND IT WAS IN BUT TODAY IS WHAT
01:41:54.141 --> 01:41:54.942
WE ARE AND WHAT I'M THINKING
01:41:55.008 --> 01:41:56.577
ABOUT IS INFORMED WHILE THE
01:41:56.643 --> 01:41:58.245
LESSONS I LEARNED ALONG THE WAY.
01:41:58.312 --> 01:42:01.148
AND AGAIN THE FOCUS IS AND THE
01:42:01.215 --> 01:42:02.316
REASON WHY I'M BRINGING THIS
01:42:02.382 --> 01:42:04.518
BILL TODAY IS AT THE GOVERNOR'S
01:42:04.585 --> 01:42:07.454
MAY REVISE HE SAID. THAT WE NEED
01:42:07.521 --> 01:42:09.490
TO SET FORTH A FRAMEWORK FOR THE
01:42:09.556 --> 01:42:12.059
NEXT GOVERNOR. WE HAVE TO START
01:42:12.125 --> 01:42:14.495
THIS DISCUSSION NOW.
01:42:14.561 --> 01:42:16.230
WE HAVE BEEN DISCUSSING IT I
01:42:16.296 --> 01:42:17.164
WANT TO BRING ITFORTH IN A
01:42:17.231 --> 01:42:18.966
FORMAL PROCESS OF THE FORMAL
01:42:19.032 --> 01:42:20.501
SENATE COMMITTEE.
01:42:20.567 --> 01:42:22.436
WITH THE THE ELEGANCE AND
01:42:22.503 --> 01:42:24.571
INTELLIGENCE OF THE STAFF AND
01:42:24.638 --> 01:42:26.607
BEGIN THIS BEYOND THE INFORMAL
01:42:26.673 --> 01:42:28.609
APPROACH THAT I'VE TAKEN INTO A
01:42:28.675 --> 01:42:30.444
MORE FORMAL PROCESS THAT IF WE
01:42:30.511 --> 01:42:31.645
COULD HELP DEVELOP THIS INTO
01:42:31.712 --> 01:42:33.247
SOMETHING. BECAUSE IT HAD WE
01:42:33.313 --> 01:42:34.982
HAVE TO DEAL WITH WITH TAX
01:42:35.048 --> 01:42:38.018
REFORM IN ONE FORM OR ANOTHER.
01:42:38.085 --> 01:42:39.520
AND I'VE NEVER BEFORE QUOTED DAN
01:42:39.586 --> 01:42:41.021
WALTERS AND WE DO SO BECAUSE HE
01:42:41.088 --> 01:42:42.556
NOW WORKS FOR THE ESTEEMED CAO
01:42:42.623 --> 01:42:44.258
MATTERS CHOI IT LIKE.
01:42:44.324 --> 01:42:45.759
AND HE SAID THIS IS A BABY STEP
01:42:45.826 --> 01:42:47.528
WE HAVE DRAMATICALLY CHANGED
01:42:47.594 --> 01:42:49.296
THIS AND IT IS A BABY STEP.
01:42:49.363 --> 01:42:52.599
BUT IT IS INTENDED TO BE.
01:42:52.666 --> 01:42:53.767
BUT BUILDING A FRAMEWORK FOR THE
01:42:53.834 --> 01:42:55.502
NEXT GOVERNOR.
01:42:55.569 --> 01:42:57.938
AND BEFORE I MOVE INTO THE
01:42:58.005 --> 01:43:00.173
SPECIFIC DISCUSSIONS I WANT TO
01:43:00.240 --> 01:43:01.775
SHOW YOU A BRIEF BUT YOU KNOW
01:43:01.842 --> 01:43:03.577
THE ISSUE OF TAX REFORM TALKING
01:43:03.644 --> 01:43:04.912
ABOUT THIS IS THE HARDEST THING
01:43:04.978 --> 01:43:06.146
IN THE WORLD. I'M JUST TELLING A
01:43:06.213 --> 01:43:08.482
PERSONAL LEVEL I DROPPED OUT OF
01:43:08.549 --> 01:43:10.651
TAX MY LAST WEEK OF LAW SCHOOL I
01:43:10.717 --> 01:43:11.952
HATE THE SUBJECT WITH A PASSION.
01:43:12.019 --> 01:43:14.087
I JUST HATE IT BUT I JUST DON'T
01:43:14.154 --> 01:43:14.922
FEEL THAT YOU COULD BE
01:43:14.988 --> 01:43:16.523
RESPONSIBLE IN THIS JOB IN
01:43:16.590 --> 01:43:17.324
PARTICULAR WAS CHAIR OF THIS
01:43:17.391 --> 01:43:19.393
COMMITTEE. BY AT AND KNOWLEDGE
01:43:19.459 --> 01:43:20.827
BUT NOT ENGAGE WHAT YOU'RE DOING
01:43:20.894 --> 01:43:22.563
NOW MISTER CHAIRMAN BY BEING SO
01:43:22.629 --> 01:43:25.332
GRACIOUS AND ALLOWING SO MUCH
01:43:25.399 --> 01:43:28.135
TIME FOR THIS PRESENTATION.
01:43:28.201 --> 01:43:28.368
AND SO.
01:43:28.435 --> 01:43:29.269
AND WE'VE GOT TO DEAL WITH THAT
01:43:29.336 --> 01:43:31.672
AND I'VE TRYING TO DEVELOP
01:43:31.738 --> 01:43:33.307
ACTUALLY DID A A A A WAITED TO
01:43:33.373 --> 01:43:35.008
AT LEAST BEGIN THE IDEA OF
01:43:35.075 --> 01:43:36.577
IDENTIFYING THE PROCESS AND
01:43:36.643 --> 01:43:38.579
IDENTIFYING SERVICES. IN A MORE
01:43:38.645 --> 01:43:40.013
EASILY UNDERSTANDABLE WAY
01:43:40.080 --> 01:43:41.148
WITHOUT PUTTING PEOPLE TO SLEEP
01:43:41.214 --> 01:43:51.391
IT'S TWO MINUTES.
01:43:51.458 --> 01:43:53.527
LET'S TALK ABOUT TAXES BUT WAIT
01:43:53.594 --> 01:43:54.828
I KNOW WHAT YOU'RE THINKING
01:43:54.895 --> 01:43:56.630
TAXES IT'S JUST ANOTHER WAY OF
01:43:56.697 --> 01:43:57.531
SAYING THE GOVERNMENT'S GOING TO
01:43:57.598 --> 01:43:58.966
TAKE CASH OUT OF YOUR POCKET AND
01:43:59.032 --> 01:44:00.567
PUT IT AND THERE'S.
01:44:00.634 --> 01:44:02.502
NOT QUITE IN ALL THE THINGS THAT
01:44:02.569 --> 01:44:04.638
ARE GREAT ABOUT CALIFORNIA AND
01:44:04.705 --> 01:44:06.073
NOT JUST THE OBVIOUS THINGS BUT
01:44:06.139 --> 01:44:08.475
THE EVERY DAY ONCE TO LIKE ROADS
01:44:08.542 --> 01:44:10.577
SCHOOLS IN OUR WAY OF LIFE. YEAH
01:44:10.644 --> 01:44:13.113
ALL BROUGHT TO YOU BY TAXES.
01:44:13.180 --> 01:44:14.381
BUT HERE'S THE THING
01:44:14.448 --> 01:44:15.782
CALIFORNIA'S TAX STRUCTURE WAS
01:44:15.849 --> 01:44:17.017
BUILT IN THE MID TWENTIETH
01:44:17.084 --> 01:44:18.452
CENTURY WHILE WE'RE NOW WELL
01:44:18.518 --> 01:44:22.222
INTO THE TWENTY FIRST. IT ALL-COMES DOWN TO THIS WE'RE OVERLY
01:44:22.289 --> 01:44:23.657
DEPENDENT ON INCOME TAX
01:44:23.724 --> 01:44:25.025
EVERYTHING'S GREAT SONG IS
01:44:25.092 --> 01:44:27.127
INCOME IS GREAT WHEN INCOME
01:44:27.194 --> 01:44:28.028
DROPS IT LIKE YOU DID IN NO
01:44:28.095 --> 01:44:30.464
EIGHT. REVENUE DROPS EVEN MORE
01:44:30.530 --> 01:44:32.432
THIS ZIGZAG ECONOMY MEANS
01:44:32.499 --> 01:44:34.668
INSTABILITY INSTABILITY MEANS
01:44:34.735 --> 01:44:37.204
WHILE THE ECONOMY IS UNSTABLE
01:44:37.270 --> 01:44:40.641
THAT'S BAD. TO LET'S FIX THE TAX
01:44:40.707 --> 01:44:42.275
SERIOUSLY STOP THAT. THERE'S A
01:44:42.342 --> 01:44:44.011
THAT MEANS OUR FORM TO TAX
01:44:44.077 --> 01:44:45.779
STRUCTURE THAT PROVIDES A TAX
01:44:45.846 --> 01:44:47.648
CUT FOR MOST CALIFORNIANS. LOWER
01:44:47.714 --> 01:44:49.216
TAXES FOR SMALL BUSINESS AND THE
01:44:49.282 --> 01:44:50.517
MIDDLE CLASS.
01:44:50.584 --> 01:44:51.885
PROTECTION FOR THE POOR AND A
01:44:51.952 --> 01:44:53.587
PLAN TO ADDRESS INCOME
01:44:53.654 --> 01:44:54.988
INEQUALITY AND OUR STATE
01:44:55.055 --> 01:44:56.690
CORPORATIONS WILL BE FORCED TO
01:44:56.757 --> 01:44:57.290
PAY THEIR FAIR SHARE.
01:44:57.357 --> 01:44:59.259
HOW?
01:44:59.326 --> 01:45:01.228
SIMPLE BY INTRODUCING A TAX ON
01:45:01.294 --> 01:45:03.430
SERVICES THE THINGS PEOPLE USE
01:45:03.497 --> 01:45:05.332
CALIFORNIA'S ECONOMY WILL BE
01:45:05.399 --> 01:45:06.767
BETTER ANCHORED BY A STEADY YEAR
01:45:06.833 --> 01:45:08.435
THERE'S ACTUALLY A CHANCE IT'LL
01:45:08.502 --> 01:45:10.971
GO UP NOT DOWN. FORM OF REVENUE
01:45:11.038 --> 01:45:12.706
IT WORKS LIKE A USER FEES ONLY
01:45:12.773 --> 01:45:14.541
THOSE SERVICES PEOPLE CHOOSE TO
01:45:14.608 --> 01:45:16.610
USE OUR TAXED AND EVEN BETTER
01:45:16.677 --> 01:45:18.445
ARTISTIC CORPORATIONS WHO
01:45:18.512 --> 01:45:19.279
BENEFIT FROM CALIFORNIA.
01:45:19.346 --> 01:45:19.846
NOW CONTRIBUTE SOME OF THEIR
01:45:19.913 --> 01:45:20.380
MONEY.
01:45:20.447 --> 01:45:22.349
TO THE STATE
01:45:22.416 --> 01:45:24.051
AND THE LOOPHOLES PEOPLE USED TO
01:45:24.117 --> 01:45:26.687
AVOID CONTRIBUTING BACK CLOSED.
01:45:26.753 --> 01:45:29.122
ó STILL OKAY BUT LET'S NOT DO
01:45:29.189 --> 01:45:29.923
ANYTHING AND JUST PUT
01:45:29.990 --> 01:45:31.358
POLITICIANS KEEP KICKING THE
01:45:31.425 --> 01:45:32.726
PROBLEM AROUND HOPING THAT MAYBE
01:45:32.793 --> 01:45:34.895
GENERATIONS TO COME CAN MAYBE
01:45:34.961 --> 01:45:37.664
SOMEDAY HANDLE IT FOR. BUT THEY
01:45:37.731 --> 01:45:39.332
DON'T ABOUT IT PICK UP THE CAN
01:45:39.399 --> 01:45:41.001
ASK THE MOST FORTUNATE AMONG US
01:45:41.068 --> 01:45:42.769
TO DO THEIR PART YES BUT THEN
01:45:42.836 --> 01:45:44.638
LET'S ALL DO OUR PART BECAUSE A
01:45:44.705 --> 01:45:46.339
BETTER ECONOMY MEANS A BETTER
01:45:46.406 --> 01:45:54.081
CALIFORNIA. FOR ALL OF US.
01:45:54.147 --> 01:45:56.249
THE BILL.
01:45:56.316 --> 01:45:59.853
IS ABOUT PICKING UP THE CAN.
01:45:59.920 --> 01:46:01.588
IT'S ABOUT PICKING UP THE CAN.
01:46:01.655 --> 01:46:03.023
I WANTED TO STRESS THAT IF IT
01:46:03.090 --> 01:46:04.191
LOOKED IN TWO THOUSAND EIGHT
01:46:04.257 --> 01:46:05.726
BECAUSE THE VOLATILITY ISSUE THE
01:46:05.792 --> 01:46:07.294
ECONOMY IN CALIFORNIA WAS DOWN
01:46:07.360 --> 01:46:09.196
BY THREE PERCENT AND OUR BUDGET
01:46:09.262 --> 01:46:10.597
DROPPED BY TWENTY THREE PERCENT.
01:46:10.664 --> 01:46:12.099
ONE NEEDS NOT TO LOOK FARTHER
01:46:12.165 --> 01:46:13.834
THAN THAT ISSUE.
01:46:13.900 --> 01:46:15.368
SOME OF THE OTHER POINTS ABOUT
01:46:15.435 --> 01:46:16.336
THAT THAT ARE IN THOSE EARLIER
01:46:16.403 --> 01:46:18.071
VERSION THAN WHERE WE ARE NOW.
01:46:18.138 --> 01:46:18.872
BECAUSE WE'VE MADE A
01:46:18.939 --> 01:46:21.108
MODIFICATION AGAIN TO START
01:46:21.174 --> 01:46:22.509
BUILDING THE FRAMEWORK BUT
01:46:22.576 --> 01:46:23.977
MODIFYING IT.
01:46:24.044 --> 01:46:25.178
AND SOMETHING HAPPENED AT THE
01:46:25.245 --> 01:46:26.213
END OF THIS YEAR THAT
01:46:26.279 --> 01:46:27.881
FUNDAMENTALLY CHANGED THINKING
01:46:27.948 --> 01:46:30.484
IN CONCERNING TAX.
01:46:30.550 --> 01:46:32.686
AND THAT IS THE PASSAGE OF THE
01:46:32.753 --> 01:46:34.054
FAT NEW FEDERAL TAX ACT IN ALL
01:46:34.121 --> 01:46:36.323
IN WASHINGTON AND ITS DIRECT
01:46:36.389 --> 01:46:40.393
ADVERSE AFFECT ON CALIFORNIANS.
01:46:40.460 --> 01:46:41.995
ONE A REFERENCE A. DEVOUT
01:46:42.062 --> 01:46:43.530
DEPARTMENT OF FINANCE
01:46:43.597 --> 01:46:45.766
THE MEMO TALKING ABOUT TO THE
01:46:45.832 --> 01:46:48.301
CONGRESSIONAL DELEGATION ABOUT.
01:46:48.368 --> 01:46:49.402
THE IMPACT OF THAT FEDERAL TAX
01:46:49.469 --> 01:46:50.937
LAW.
01:46:51.004 --> 01:46:53.306
NUMBER DRAYS FOUR POINTS THAT
01:46:53.373 --> 01:46:53.907
ARE IN THAT MEMO NOW SHOW YOU
01:46:53.974 --> 01:46:55.041
LATER.
01:46:55.108 --> 01:46:56.376
ONE IT REMOVE THE STATE AND
01:46:56.443 --> 01:46:58.178
LOCAL TAX THE SALT DEDUCTIONS
01:46:58.245 --> 01:46:59.780
WILL CAPPING PROPERTY TAX
01:46:59.846 --> 01:47:00.313
DEDUCTIONS A TEN THOUSAND
01:47:00.380 --> 01:47:01.515
DOLLARS.
01:47:01.581 --> 01:47:03.617
HERTZ CALIFORNIA CERTAINLY
01:47:03.683 --> 01:47:05.318
PROPERTY TAXES IN CALIFORNIA TEN
01:47:05.385 --> 01:47:06.453
THOUSAND A VERY DIFFERENT THE
01:47:06.520 --> 01:47:07.954
PROPERTY TAXES AND OTHER STATES
01:47:08.021 --> 01:47:10.390
THAT HAVE LESS ECONOMIC ACTIVITY.
01:47:10.457 --> 01:47:12.692
SECOND ONE FAVORABLE TREATMENT
01:47:12.759 --> 01:47:14.795
OF CHILDREN AND FAMILIES BIRD
01:47:14.861 --> 01:47:15.929
PRIVATIZATION OF CORPORATIONS
01:47:15.996 --> 01:47:17.697
OVER INDIVIDUALS
01:47:17.764 --> 01:47:20.233
AND FOURTH MAKES IT HARDER FOR
01:47:20.300 --> 01:47:20.834
MIDDLE CLASS FAMILIES TO BUY A
01:47:20.901 --> 01:47:22.102
HOME.
01:47:22.169 --> 01:47:23.837
AND SO.
01:47:23.904 --> 01:47:25.906
YOU TAKE A LOOK.
01:47:25.972 --> 01:47:27.908
AT THIS CHART.
01:47:27.974 --> 01:47:29.309
AB WHAT THE EFFECT OF THE TRUMP
01:47:29.376 --> 01:47:30.844
TAXES.
01:47:30.911 --> 01:47:32.646
BEFORE TRUMP AND AFTER TRUMP.
01:47:32.712 --> 01:47:34.381
SHE CORPORATIONS
01:47:34.447 --> 01:47:36.116
THEY HAVE A THIRTY FIVE PERCENT
01:47:36.183 --> 01:47:37.951
TAX RATE THIS ON A TWO HUNDRED
01:47:38.018 --> 01:47:39.252
THOUSAND DOLLARS A PROFIT.
01:47:39.319 --> 01:47:40.387
NOW THERE TWENTY ONE PERCENT TAX
01:47:40.453 --> 01:47:41.922
RATE.
01:47:41.988 --> 01:47:43.290
PASS THROUGH ENTITIES MAKING
01:47:43.356 --> 01:47:45.125
LESS THAN FIFTY ONE THOUSAND
01:47:45.192 --> 01:47:47.294
DOLLARS A YEAR TOP FEDERAL TAX
01:47:47.360 --> 01:47:49.162
RATE THIRTY NINE POINT SIX.
01:47:49.229 --> 01:47:50.831
TOP AX RATE DROP TO THIRTY
01:47:50.897 --> 01:47:52.933
SEVEN PERCENT PLUS A TWENTY
01:47:52.999 --> 01:47:54.935
PERCENT EXCLUSION OF INCOME.
01:47:55.001 --> 01:47:56.236
SO THE BOTTOM LINE IS AN OPEL
01:47:56.303 --> 01:47:58.171
GOODS COMPANIES STATE DO BETTER
01:47:58.238 --> 01:48:00.207
I'M NOT TRYING TO. PLAY A CLASS
01:48:00.273 --> 01:48:01.641
GAME IN THOSE THINGS I'M JUST
01:48:01.708 --> 01:48:03.109
TELLING YOU THAT THESE ARE
01:48:03.176 --> 01:48:04.744
CALIFORNIA COMPANIES SO THAT
01:48:04.811 --> 01:48:06.112
WHEN WE FRAME THE OPPOSITION
01:48:06.179 --> 01:48:08.281
ABOUT TAXES RISING. TO ME THE
01:48:08.348 --> 01:48:10.016
UNDERLYING ARCHITECTURE OF THE
01:48:10.083 --> 01:48:11.751
IDEA IS NOT WHETHER THE MONEY
01:48:11.818 --> 01:48:12.953
GOES TO THE CAN
01:48:13.019 --> 01:48:14.921
THE COUNTY OF ORANGE IS THE.
01:48:14.988 --> 01:48:16.623
CITY OF READING OR TO THE STATE
01:48:16.690 --> 01:48:17.824
OF CALIFORNIA THE FEDERAL
01:48:17.891 --> 01:48:19.392
GOVERNMENT WHEN YOU'RE CITIZEN
01:48:19.459 --> 01:48:21.127
YOUR PERSON THAT'S TAXPAYER AND
01:48:21.194 --> 01:48:22.829
YOU'RE PAYING MONEY. NEIL LOOK
01:48:22.896 --> 01:48:24.464
AT WHERE DOES LOOK AT HOW MUCH
01:48:24.531 --> 01:48:25.465
GOES HOW MUCH OF MY CHECK TO I
01:48:25.532 --> 01:48:27.133
GET ALL THOSE OPTIONS TO COME
01:48:27.200 --> 01:48:28.668
OUT IT RUBBED WHAT'S MY NET
01:48:28.735 --> 01:48:30.036
NUMBER. AND DON'T WANT TO GET
01:48:30.103 --> 01:48:31.338
INVOLVED IN THAT FIGHT ARE MY
01:48:31.404 --> 01:48:33.773
ISSUE IS WHAT'S THE IMPACT ON
01:48:33.840 --> 01:48:35.642
THE INDIVIDUAL ON THE PERSON ON
01:48:35.709 --> 01:48:36.877
THE BUSINESS AND SOMEBODY'S
01:48:36.943 --> 01:48:38.445
TRYING TO MAKE A LIVIN. IN
01:48:38.511 --> 01:48:40.447
CALIFORNIA AND CAL AND IN WHAT
01:48:40.513 --> 01:48:42.215
TRUMP DID. HIS OUGHT
01:48:42.282 --> 01:48:44.551
FUNDAMENTALLY CHANGE THE GAME
01:48:44.618 --> 01:48:46.620
AND FUNDAMENTALLY CHANGE WERE
01:48:46.686 --> 01:48:48.655
OUR COURSE AND OUR OUR COURSE
01:48:48.722 --> 01:48:50.357
WITH RESPECT TO THIS TAX PLAN.
01:48:50.423 --> 01:48:52.292
AND SO WE THOUGHT WAS HOW COULD
01:48:52.359 --> 01:48:54.094
WE ENGAGE HOW COULD WE TAKE OUR
01:48:54.160 --> 01:48:57.998
THINKING ABOUT SERVICE TAX
01:48:58.064 --> 01:48:58.598
HOW CAN WE TAKE THE THE THE
01:48:58.665 --> 01:48:59.699
GUIDANCE FROM THE GOVERNOR ABOUT
01:48:59.766 --> 01:49:00.901
STARTING TO SET A FRAMEWORK FOR
01:49:00.967 --> 01:49:02.769
DISCUSSION ABOUT THIS. AND MOVE
01:49:02.836 --> 01:49:04.671
IT IN THE WAY THAT HAD SOME
01:49:04.738 --> 01:49:06.606
INTELLIGENT APPLICATION BEEN
01:49:06.673 --> 01:49:07.807
APPLIED THE UNDERLYING
01:49:07.874 --> 01:49:08.408
PRINCIPLES AND WHAT WERE THOSE
01:49:08.475 --> 01:49:09.209
PRINCIPLES
01:49:09.276 --> 01:49:10.310
HE DUCKED ABILITY.
01:49:10.377 --> 01:49:12.045
BUSINESSES
01:49:12.112 --> 01:49:13.914
SPEND MONEY YOU SPEND MONEY ON
01:49:13.980 --> 01:49:15.515
TAXES YOU SPEND MONEY ON OTHER
01:49:15.582 --> 01:49:16.650
EXPENSES AND NOW YOU CAN'T
01:49:16.716 --> 01:49:18.184
DEDUCT A FEW DEDUCTING THEM LISA
01:49:18.251 --> 01:49:19.552
PUTTING THE BURDEN BACK ON TO
01:49:19.619 --> 01:49:20.921
THE FEDERAL GOVERNMENT WHICH
01:49:20.987 --> 01:49:22.822
THEY TOOK OFF AND PUT IT BACK US
01:49:22.889 --> 01:49:25.125
ON THE STATE. SECOND PER GROUP
01:49:25.191 --> 01:49:26.993
PRESERVING PROGRESSIVE ATTY ONE
01:49:27.060 --> 01:49:29.229
OF THE CHALLENGES THAT WE HAD
01:49:29.296 --> 01:49:30.397
AND IT WAS DIFFICULT AND
01:49:30.463 --> 01:49:32.065
PROBABLY PAGE THE BILL BUT WE
01:49:32.132 --> 01:49:33.867
TOOK IT OUT. WAS THAT WHEN YOU
01:49:33.934 --> 01:49:35.502
TAX SERVICES WHICH INCLUDED
01:49:35.568 --> 01:49:38.672
IMPACTS ON INDIVIDUALS THE THE
01:49:38.738 --> 01:49:40.974
TO MAINTAIN PROGRESSIVITY WE HAD
01:49:41.041 --> 01:49:42.776
TO CREATE A FUND A BUFFER FUND
01:49:42.842 --> 01:49:43.977
WHEN PEOPLE TALK TO ME INITIALLY
01:49:44.044 --> 01:49:45.245
I GUESS GET HIT FROM THE RIGHT
01:49:45.312 --> 01:49:47.013
AND THE LEFT. THE THAT THE RIGHT
01:49:47.080 --> 01:49:48.148
WAS TONY ATTACKS IN BUSINESS
01:49:48.214 --> 01:49:49.649
RAISING TAXES THE LEFT SAYS WE
01:49:49.716 --> 01:49:51.518
TALK ABOUT SERVICE TAXES YOU'RE
01:49:51.584 --> 01:49:52.886
YOU'RE IT'S REGRESSIVE WHAT WE
01:49:52.953 --> 01:49:56.456
TALK WE MADE. THE PROCESS IN THE
01:49:56.523 --> 01:49:57.157
EARLIER DRAFTS EQUALLY.
01:49:57.223 --> 01:49:58.959
PROGRESSIVE AND WE WANTED TO DO
01:49:59.025 --> 01:50:01.227
THAT NOW AND SO THAT WAS A BIG
01:50:01.294 --> 01:50:03.163
FACTOR SECONDLY WE WANTED TO
01:50:03.229 --> 01:50:05.065
MAKE SURE THAT THE ADVERSE
01:50:05.131 --> 01:50:06.833
AFFECT ON FAMILIES THAT'S TALKED
01:50:06.900 --> 01:50:09.002
ABOUT WITH RESPECT TO. THE THE
01:50:09.069 --> 01:50:10.937
FEDERAL ACTION THE FEDERAL TAX
01:50:11.004 --> 01:50:13.873
REFORM ACT USED IT WAS MITIGATED
01:50:13.940 --> 01:50:16.743
AND AND SO THE IDEA WHICH WILL
01:50:16.810 --> 01:50:18.311
TALK ABOUT THE SECOND OF DUBBED
01:50:18.378 --> 01:50:20.313
TAKING DOLLARS THAT. DOLLAR FOR
01:50:20.380 --> 01:50:22.315
DOLLAR AND TAKING THAT MONEY AND
01:50:22.382 --> 01:50:25.285
REDUCING SALES TAX WE KNOW.
01:50:25.352 --> 01:50:26.953
MISTER WE'VE TO TALK ABOUT IT.
01:50:27.020 --> 01:50:28.621
ABOUT WHAT THE IMPACT IS ON ON
01:50:28.688 --> 01:50:30.790
EVERYDAY PEOPLE WE KNOW FROM OF
01:50:30.857 --> 01:50:31.958
A STUDY A SURVEY THAT WAS DONE
01:50:32.025 --> 01:50:33.660
BY THE FEDERAL RESERVE THAT
01:50:33.727 --> 01:50:35.662
FORTY SIX PERCENT OF AMERICANS
01:50:35.729 --> 01:50:37.464
CAN'T AFFORD MORE THAN FOUR
01:50:37.530 --> 01:50:38.798
HUNDRED DOLLARS.
01:50:38.865 --> 01:50:39.699
IF THEY HAVE TO PONDERED
01:50:39.766 --> 01:50:41.368
EMERGENCY IT AFTER BORROW IT OR
01:50:41.434 --> 01:50:42.969
SELL SOMETHING.
01:50:43.036 --> 01:50:45.005
SO IF AN AVERAGE FAMILY WHICH
01:50:45.071 --> 01:50:47.374
WILL SHOW YOU CAN YOU SAY FOUR
01:50:47.440 --> 01:50:48.608
HUNDRED DOLLARS A YEAR.
01:50:48.675 --> 01:50:51.411
ON THEIR TAX BILL BY REDUCING
01:50:51.478 --> 01:50:53.380
THEIR SALES TAX ON GOODS.
01:50:53.446 --> 01:50:54.647
THAT SEVENTY THOUSAND DOLLARS
01:50:54.714 --> 01:50:56.383
FAMILY OF FOUR WOULD BASICALLY
01:50:56.449 --> 01:50:58.518
MODEL THAT YOU'RE TALKING ABOUT
01:50:58.585 --> 01:50:59.686
PUT REAL MONEY IN PEOPLE'S
01:50:59.753 --> 01:51:01.254
POCKETS
01:51:01.321 --> 01:51:02.489
IF YOU ONE OF MINE AUTOMOBILE
01:51:02.555 --> 01:51:04.324
AND TOLD BY THE CAR DEALERS THAT.
01:51:04.391 --> 01:51:05.258
THE AVERAGE PRICE OF AN
01:51:05.325 --> 01:51:07.227
AUTOMOBILE IN CALIFORNIA IS
01:51:07.293 --> 01:51:08.194
THIRTY THREE THOUSAND DOLLARS
01:51:08.261 --> 01:51:09.462
YOU SAVE OVER SIX HUNDRED
01:51:09.529 --> 01:51:11.064
DOLLARS IN THE PURCHASE OF THAT
01:51:11.131 --> 01:51:12.298
AUTOMOBILE.
01:51:12.365 --> 01:51:14.434
AND SO ISRAEL IMPACTS TO MIDDLE
01:51:14.501 --> 01:51:16.469
CLASS PEOPLE AT THE FAMILIES AND
01:51:16.536 --> 01:51:18.505
THERE'S SOME IMPACT BUT MISSED
01:51:18.571 --> 01:51:20.073
WITH CAN EXPLAIN IN MORE DETAIL
01:51:20.140 --> 01:51:20.740
BECAUSE HE LOOKED AT THE
01:51:20.807 --> 01:51:22.976
STANDARD DEVIATIONS WITH RESPECT
01:51:23.043 --> 01:51:24.744
TO VOLATILITY AND I KNOW PEOPLE
01:51:24.811 --> 01:51:25.879
SAY THAT WE'RE NOT SOLVING
01:51:25.945 --> 01:51:27.313
VOLATILITY AND THAT IS TRUE
01:51:27.380 --> 01:51:28.982
WE'RE NOT SOLVING. IT BUT WE ARE
01:51:29.049 --> 01:51:31.518
IMPACTING AT THE MORE IMPACTING
01:51:31.584 --> 01:51:33.553
IT BECAUSE.
01:51:33.620 --> 01:51:36.189
FROM THESE TAXES ON SERVICES
01:51:36.256 --> 01:51:37.390
THAT THE GROWTH RATES FOR IS
01:51:37.457 --> 01:51:38.491
BEEN SMALLER FOR BUSINESS
01:51:38.558 --> 01:51:39.993
SERVICES AND GOODS THE SHIFT IN
01:51:40.060 --> 01:51:41.327
RELIANCE FROM GOODS TOWARD
01:51:41.394 --> 01:51:43.229
SERVICES WILL REDUCE THE OVERALL
01:51:43.296 --> 01:51:45.432
STANDARD DEVIATION AROUND. THE
01:51:45.498 --> 01:51:46.933
AVERAGE GENERAL FUND REVENUES HE
01:51:47.000 --> 01:51:48.501
TALK ABOUT THOSE NUMBERS BUT IT
01:51:48.568 --> 01:51:50.403
DOES HAVE SOME IMPACT AND WHAT
01:51:50.470 --> 01:51:52.205
YOU LEARN IN THE PROCESS OF YOU
01:51:52.272 --> 01:51:54.074
LIVE DO YOU DO LEGISLATE BY
01:51:54.140 --> 01:51:56.009
INITIATIVE WHERE SOME GROUP
01:51:56.076 --> 01:51:56.943
WHATEVER THEY ARE SAYS THIS
01:51:57.010 --> 01:51:59.145
ORGAN AND DO. WHAT YOU LEGISLATE
01:51:59.212 --> 01:52:00.847
BY LEGISLATIVE BRANCH THAT IS
01:52:00.914 --> 01:52:01.848
GOING TO HAVE?
01:52:01.915 --> 01:52:03.450
THINK ABOUT THE LONG TERM AND
01:52:03.516 --> 01:52:04.617
HOW TO DO WITH THESE THINGS AND
01:52:04.684 --> 01:52:06.119
I THINK THAT THIS IS THE PLACE
01:52:06.186 --> 01:52:06.653
WHERE WE NEED TO HAVE THAT
01:52:06.719 --> 01:52:07.620
DEBATE.
01:52:07.687 --> 01:52:09.856
AND SO.
01:52:09.923 --> 01:52:11.391
THE THE ANSWER TO THE QUESTION
01:52:11.458 --> 01:52:13.660
IS THIS IS NOT THE SAME BILL
01:52:13.726 --> 01:52:15.662
IT'S REVENUE NEUTRAL. INITIALLY
01:52:15.728 --> 01:52:16.663
I TALKED ABOUT RAISING TEN
01:52:16.729 --> 01:52:17.997
BILLION DOLLARS THIS IS REVENUE
01:52:18.064 --> 01:52:20.100
NEUTRAL IT'S NOT REALLY IN REAL
01:52:20.166 --> 01:52:22.602
TERMS A TAX INCREASE OF ANYTHING
01:52:22.669 --> 01:52:24.571
OF IS REVENUE NEUTRAL. BECAUSE
01:52:24.637 --> 01:52:26.773
ALL WE'RE DOING IS MODERNIZING
01:52:26.840 --> 01:52:28.541
THE COAT WERE SAYING TO PEOPLE
01:52:28.608 --> 01:52:30.777
OVER HERE THAT ARE BUSINESSES IN
01:52:30.844 --> 01:52:32.312
BUSINESS TO BUSINESS.
01:52:32.378 --> 01:52:34.547
BUT THE ACTIVITY THAT THAT THREE
01:52:34.614 --> 01:52:35.915
PERCENT WHICH IS A DOCTOR BILL
01:52:35.982 --> 01:52:36.516
WHICH WOULD BE TWO POINT
01:52:36.583 --> 01:52:37.317
SOMETHING PERCENT AFTER
01:52:37.383 --> 01:52:38.852
DEDUCTIONS BECAUSE THE COST OF
01:52:38.918 --> 01:52:40.186
DOING BUSINESS FOR THOSE IT'S
01:52:40.253 --> 01:52:41.855
THAT PAY AT THE OTHER PEOPLE
01:52:41.921 --> 01:52:43.456
JUST HAVE TO COLLECT UNPAID IN.
01:52:43.523 --> 01:52:45.592
A WILL BE PAID OVER TO REDUCE
01:52:45.658 --> 01:52:49.028
TAXES ON GOODS THAT HELPED EVERY
01:52:49.095 --> 01:52:50.597
DAY CALIFORNIANS.
01:52:50.663 --> 01:52:52.332
FARM AND SO WHEN YOU LOOK AT THE
01:52:52.398 --> 01:52:53.600
AT THE FRAMEWORK OF WHAT THE
01:52:53.666 --> 01:52:55.835
OPPOSITION SAID.
01:52:55.902 --> 01:52:57.570
THIS LITERALLY THE NOTES THAT I
01:52:57.637 --> 01:52:58.838
TOOK FROM THE MEETING IN TWO
01:52:58.905 --> 01:53:00.740
THOUSAND JANUARY FOURTEENTH OF
01:53:00.807 --> 01:53:02.342
TWO THOUSAND FIFTEEN. AND THE
01:53:02.408 --> 01:53:03.209
LETTER WHICH HAS NINETY FOUR
01:53:03.276 --> 01:53:04.577
GROUPS
01:53:04.644 --> 01:53:06.146
THAT HAVE SIGNED OPPOSITION IS
01:53:06.212 --> 01:53:08.882
ALMOST WORD FOR WORD THE SAME.
01:53:08.948 --> 01:53:10.783
AND IT EVIDENCES TO ME A NUMBER
01:53:10.850 --> 01:53:12.418
OF THINGS ONE IS THAT AND HAVE
01:53:12.485 --> 01:53:14.053
TIME TO ANALYZE THIS IN THE
01:53:14.120 --> 01:53:14.954
GREATEST DETAIL AFTER HAVING
01:53:15.021 --> 01:53:16.256
SOME CONVERSATIONS THAT WAS
01:53:16.322 --> 01:53:18.324
CLEAR. TO ONE OF THE REASONS WHY
01:53:18.391 --> 01:53:18.858
WE HAVE TO ENGAGE IN THIS
01:53:18.925 --> 01:53:20.160
PROCESS.
01:53:20.226 --> 01:53:21.327
TO I JUST THINK IT'S EASIER TO
01:53:21.394 --> 01:53:22.729
JUST THROW THAT UP WHEN YOU TALK
01:53:22.795 --> 01:53:24.898
ABOUT THAT TAX WORD TO BE ABLE
01:53:24.964 --> 01:53:26.766
TO MAKE THESE ALLEGATIONS AND I
01:53:26.833 --> 01:53:28.168
THINK THAT THROUGH A THIS
01:53:28.234 --> 01:53:29.702
THOUGHTFUL PROCESS MISTER CHAIR
01:53:29.769 --> 01:53:31.004
WILL BE ABLE TO GET TO THE TRUTH
01:53:31.070 --> 01:53:32.338
ABOUT ALL THESE THINGS THE GOOD
01:53:32.405 --> 01:53:33.940
THE. BAD THE UGLY WHATEVER IT IS
01:53:34.007 --> 01:53:35.108
IF WE MADE MISTAKES WE HAVEN'T
01:53:35.175 --> 01:53:36.543
THOUGHT THINGS THROUGH AGAIN
01:53:36.609 --> 01:53:37.777
WORD GNOSTIC ON THAT WE'RE
01:53:37.844 --> 01:53:39.579
TRYING TO FIX A PROBLEM THAT'S
01:53:39.646 --> 01:53:40.980
THE PURPOSE OF THIS ENDEAVOR.
01:53:41.047 --> 01:53:42.315
AND SO LET'S TALK LET'S GO
01:53:42.382 --> 01:53:43.550
THROUGH WITH THOSE GROUPS SAID
01:53:43.616 --> 01:53:44.450
AND WHAT THEY TALKED ABOUT
01:53:44.517 --> 01:53:45.985
HERE'S THE BASIC ARGUMENTS THAT
01:53:46.052 --> 01:53:48.121
WERE MADE AND HOW WE CORRECTED
01:53:48.188 --> 01:53:50.156
THEM. IN THIS MEASURE BOTH IN
01:53:50.223 --> 01:53:51.257
TERMS OF THE ARGUMENTS REMAIN
01:53:51.324 --> 01:53:52.759
THE LETTER AND WERE MADE BEFORE
01:53:52.825 --> 01:53:54.127
BUT THEY'RE NOT CHANGED.
01:53:54.194 --> 01:53:55.261
EVERYONE IS WE TOOK OUT THE
01:53:55.328 --> 01:53:57.096
PLEASE THE CHALLENGE OF THE VERY
01:53:57.163 --> 01:53:58.364
LITTLE BUSINESSES ANYBODY ON
01:53:58.431 --> 01:53:59.599
HEARD A HUNDRED THOUSAND DOLLARS
01:53:59.666 --> 01:54:01.568
IN ALICE'S MENTIONS THIS ARE
01:54:01.634 --> 01:54:02.302
EXEMPT FROM EVEN COMPLYING IN
01:54:02.368 --> 01:54:03.603
ANY RESPECT.
01:54:03.670 --> 01:54:05.205
IF YOU'RE A BARBER APPLY THESE
01:54:05.271 --> 01:54:05.772
INSTRUCTOR OF LITTLE LEAGUE
01:54:05.838 --> 01:54:07.173
COACH.
01:54:07.240 --> 01:54:08.608
YOU DON'T HAVE TO WORRY ABOUT
01:54:08.675 --> 01:54:10.476
THE ADMINISTRATION TO. THE
01:54:10.543 --> 01:54:11.811
ARGUMENT THAT WAS MADE WHAT'S
01:54:11.878 --> 01:54:13.313
CALLED CASCADING EFFECT MEDICINE
01:54:13.379 --> 01:54:15.081
ADJOURNMENT POINT. THAT WHAT
01:54:15.148 --> 01:54:16.349
HAPPENS IS YOU GET A TAX ON TOP
01:54:16.416 --> 01:54:17.684
OF THE TAX ON TOP OF THE TAX ON
01:54:17.750 --> 01:54:19.485
TOP OF THE TAX WE LITERALLY
01:54:19.552 --> 01:54:21.487
COPIED IT HAD MEETINGS WITH F.
01:54:21.554 --> 01:54:23.089
T. BE IMPORTED WEEKLY ALL BOARD
01:54:23.156 --> 01:54:24.557
OF EQUALIZATION AND THE LIKE.
01:54:24.624 --> 01:54:26.192
AND WHAT WE'RE DOING IT'S
01:54:26.259 --> 01:54:27.727
LITERALLY LIKE THE RESALE NUMBER
01:54:27.794 --> 01:54:29.295
WHERE.
01:54:29.362 --> 01:54:31.598
YOU SEE JUST IT'S THE LAST EVENT
01:54:31.664 --> 01:54:33.533
THAT GETS TAXED IT'S NOT ALL THE
01:54:33.600 --> 01:54:34.867
PIECES AND PARTS IT'S TO THE
01:54:34.934 --> 01:54:36.703
SALE. TO THE CONSUMER AT THE END
01:54:36.769 --> 01:54:38.438
OF THE DAY.
01:54:38.504 --> 01:54:40.173
IT'S ALSO ONLY DEALING WITH
01:54:40.240 --> 01:54:41.207
BUSINESS TO BUSINESS SO IT TAKES
01:54:41.274 --> 01:54:43.109
OUT ALL THE ISSUES.
01:54:43.176 --> 01:54:45.011
A PROGRESS SHIP REGRESSIVITY
01:54:45.078 --> 01:54:46.079
THAT WE'RE CONCERNED ABOUT AND
01:54:46.145 --> 01:54:47.914
THAT'S IT IN THE NEXT ISSUE THAT
01:54:47.981 --> 01:54:49.716
WAS TALKED ABOUT OVER OVER AGAIN
01:54:49.782 --> 01:54:50.717
THAT'S MENTIONED AGAIN IN THE
01:54:50.783 --> 01:54:52.685
OPPOSITION. THAT THIS HURTS.
01:54:52.752 --> 01:54:54.854
BUSINESS IN CALIFORNIA.
01:54:54.921 --> 01:54:56.522
WELL IT WOULD IF IT WAS WRITTEN
01:54:56.589 --> 01:54:57.724
DIFFERENTLY THE WAY IT'S WRITTEN
01:54:57.790 --> 01:55:00.026
IS LIKE A CONSUMPTION TAX.
01:55:00.093 --> 01:55:02.662
BASICALLY SAYS THAT IF YOU'RE
01:55:02.729 --> 01:55:04.530
DOING BUSINESS AND CONSUMING IT
01:55:04.597 --> 01:55:05.632
BUT THE ACT THE SERVICES IN
01:55:05.698 --> 01:55:08.935
CALIFORNIA. THEN YOU PAY THE TAX.
01:55:09.002 --> 01:55:10.236
BUT FOR CALIFORNIA IF YOU'RE
01:55:10.303 --> 01:55:12.005
CALIFORNIA COMPANY AND YOU'RE
01:55:12.071 --> 01:55:13.139
DOING BUSINESS OUTSIDE OF
01:55:13.206 --> 01:55:14.207
CALIFORNIA YOU'RE NOT
01:55:14.274 --> 01:55:16.542
DISADVANTAGED IT'S A CONSUMPTION
01:55:16.609 --> 01:55:18.411
TAX LET ME DEFINE. WHAT AN
01:55:18.478 --> 01:55:21.247
ARCHITECT I'M I'M WORKING IN IT
01:55:21.314 --> 01:55:22.815
IN LOS ANGELES ON BUILDING A
01:55:22.882 --> 01:55:24.517
BUILDING IN CHINA ALL THOSE
01:55:24.584 --> 01:55:25.652
DRAWINGS OF THOSE WORKERS ARE
01:55:25.718 --> 01:55:27.053
SITTING ON LOS ANGELES DON'T
01:55:27.120 --> 01:55:28.988
SUFFER ATTACKS BECAUSE THE
01:55:29.055 --> 01:55:30.657
CONSUMPTION OCCURS IN CHINA?
01:55:30.723 --> 01:55:32.225
I'M A LAWYER IN NEW YORK AND
01:55:32.292 --> 01:55:34.160
COMING TO LOS ANGELES TO TRY
01:55:34.227 --> 01:55:36.329
CASE IT'S A TAXABLE EVENT ONLY
01:55:36.396 --> 01:55:36.929
IN THE BUSINESS TO BUSINESS
01:55:36.996 --> 01:55:39.065
CONTEXT. IF HANDLING SOME
01:55:39.132 --> 01:55:40.166
PERSONAL MATTER IT'S NOT
01:55:40.233 --> 01:55:41.534
BUSINESS RELATED IT'S NOT A
01:55:41.601 --> 01:55:42.969
TAXABLE EVENT IT'S ONLY BUSINESS
01:55:43.036 --> 01:55:44.604
TO BUSINESS.
01:55:44.671 --> 01:55:46.973
THE NEXT WAS THE WHOLE IDEA OF
01:55:47.040 --> 01:55:48.074
THE IN THE THAT THIS IS BEING A
01:55:48.141 --> 01:55:49.909
HIGH TAX.
01:55:49.976 --> 01:55:52.045
RATE THAT WOULD BE TRUE IF IT
01:55:52.111 --> 01:55:53.946
WEAKNESS WASN'T BUILT UPON THOSE
01:55:54.013 --> 01:55:55.315
CHANGES AS A RESULT OF THE TRUMP
01:55:55.381 --> 01:55:56.916
TAX.
01:55:56.983 --> 01:56:07.760
THE TEST IS IT ANYTHING
01:56:07.827 --> 01:56:09.295
BUT IT COST ME A FEW PENNIES
01:56:09.362 --> 01:56:10.263
DOUBLE ON THE OTHER SIDE OF THE
01:56:10.330 --> 01:56:12.131
LEDGER WELL IT SEEMS TO HE DID
01:56:12.198 --> 01:56:13.733
THE ANALYSIS IS PRETTY CLEAR IT
01:56:13.800 --> 01:56:14.567
WILL LOOK AT THIS IN FUTURE
01:56:14.634 --> 01:56:16.102
HEARINGS I JUST WANNA. BE SHE
01:56:16.169 --> 01:56:17.203
SPOT THIS FOR YOU MISTER
01:56:17.270 --> 01:56:18.771
CHAIRMAN.
01:56:18.838 --> 01:56:19.539
GOVERNOR MINISTRATION THEY TALK
01:56:19.605 --> 01:56:21.341
ABOUT COSTS
01:56:21.407 --> 01:56:23.843
LITERALLY WITH A MODEL WAS DE
01:56:23.910 --> 01:56:24.711
SOMETHING THAT DEALT WITH
01:56:24.777 --> 01:56:25.845
CONSUMERS THAT DEALT WITH
01:56:25.912 --> 01:56:27.280
BUSINESSES AND THAT ASSUME TO
01:56:27.347 --> 01:56:28.548
SERVICE TAX OF A HUNDRED TWENTY
01:56:28.614 --> 01:56:30.316
TWO BILLION DOLLARS. ACROSS
01:56:30.383 --> 01:56:32.352
EVERY SINGLE THING IN CALIFORNIA
01:56:32.418 --> 01:56:33.386
BETWEEN STE NINER MILLION SIX IN
01:56:33.453 --> 01:56:34.654
A MILLION DOLLARS EVEN IF YOU
01:56:34.721 --> 01:56:36.089
LOOK AT THOSE PERCENTAGES BASED
01:56:36.155 --> 01:56:38.224
UPON. ARE PROJECTED REVENUES OF
01:56:38.291 --> 01:56:40.059
FOURTEEN BILLION DOLLARS IT'S
01:56:40.126 --> 01:56:40.893
LESS THAN ONE PERCENT
01:56:40.960 --> 01:56:42.295
ADMINISTRATIVE COSTS UNDER ANY
01:56:42.362 --> 01:56:44.030
PERSON WHO WOULDN'T BE HAPPY
01:56:44.097 --> 01:56:45.131
WITH COLLECTION RATE OF ONE
01:56:45.198 --> 01:56:46.466
PERCENT AND I STILL THINK THAT
01:56:46.532 --> 01:56:48.000
WE WOULD ARE ANALYSIS BASED UPON
01:56:48.067 --> 01:56:49.502
THE EXPERTS THAT WE HAVE. WE
01:56:49.569 --> 01:56:51.104
STILL THINK THAT PERCENTAGE IS
01:56:51.170 --> 01:56:52.238
HIGH.
01:56:52.305 --> 01:56:53.773
AND THE OTHER IDEA ABOUT THE
01:56:53.840 --> 01:56:55.007
ADMINISTRATION OF ALL THIS
01:56:55.074 --> 01:56:56.542
THAT'S BEEN RAISED IN THE
01:56:56.609 --> 01:56:57.910
ANALYSIS IN THE LIKE THE TRUTH
01:56:57.977 --> 01:56:59.312
OF THE MATTER IS MANY OF THE
01:56:59.379 --> 01:57:01.180
SUBJECTS IN THE INCOME TAX FIELD
01:57:01.247 --> 01:57:03.282
WITH CORPORATIONS. HAVE ALREADY
01:57:03.349 --> 01:57:04.717
BEEN DEALT WITH IN BUT STUDENTS
01:57:04.784 --> 01:57:06.152
CAN ADDRESS THIS THESE ISSUES
01:57:06.219 --> 01:57:07.653
FROM THE FRANCHISE TAX BOARD THE
01:57:07.720 --> 01:57:09.489
BOARD WANTED THESE DEFINITIONS
01:57:09.555 --> 01:57:11.457
AND IDEAS. TIMING MAY BE
01:57:11.524 --> 01:57:12.392
DIFFERENT BECAUSE HOW YOU'RE
01:57:12.458 --> 01:57:13.726
CAPTURING THE MONEY BUT THE
01:57:13.793 --> 01:57:16.195
IDEAS OF WHAT CONSTITUTES NEXUS
01:57:16.262 --> 01:57:18.097
AND A POOR APPORTIONMENT. HAVE
01:57:18.164 --> 01:57:19.832
BEEN DEALT WITH IN MANY RESPECTS
01:57:19.899 --> 01:57:21.634
THE BOTTOM LINE ARCHITECTURE OF
01:57:21.701 --> 01:57:24.003
THIS BILL. IT'S A BOLD ON BILL
01:57:24.070 --> 01:57:26.305
WE TOOK EVERY SINGLE ASPECT OF
01:57:26.372 --> 01:57:28.040
GOVERNMENT THAT HAS BEEN PROVEN
01:57:28.107 --> 01:57:28.341
AND TESTED.
01:57:28.408 --> 01:57:29.542
OKAY.
01:57:29.609 --> 01:57:31.577
OKAY.
01:57:31.644 --> 01:57:33.346
YEAH EVERY ASPECT OF GOVERNMENT
01:57:33.413 --> 01:57:35.815
IS UNPROVEN UNTESTED MET WITH
01:57:35.882 --> 01:57:37.283
THE ADMINISTRATION'S OF THOSE
01:57:37.350 --> 01:57:38.951
VARIOUS TAXING AND SHE'S HAVE
01:57:39.018 --> 01:57:40.820
PEOPLE PART OF IT WHO WERE PART
01:57:40.887 --> 01:57:42.622
OF THOSE ORGANIZATIONS. AND
01:57:42.688 --> 01:57:44.757
BOLTED THOSE THINGS ON BECAUSE
01:57:44.824 --> 01:57:46.692
WE DIDN'T WANT TO REINVENT WE
01:57:46.759 --> 01:57:48.194
WANT TO TELL TO LIMIT THE AMOUNT
01:57:48.261 --> 01:57:49.529
OF REINVENTION THAT WE WERE
01:57:49.595 --> 01:57:51.431
DOING HERE. THE OTHER TWO
01:57:51.497 --> 01:57:53.332
ARGUMENTS THAT WERE MADE WAS THE
01:57:53.399 --> 01:57:55.301
WHOLE IDA OF THE IMPACT THAT I
01:57:55.368 --> 01:57:58.137
UNDERSTAND IT ON FEES E. E. IT
01:57:58.204 --> 01:57:59.138
IN WHAT YOU'RE FEES ARE GONNA
01:57:59.205 --> 01:58:00.306
LEAVE YOU HAVE TO CHARGE A TAXES
01:58:00.373 --> 01:58:02.341
WHAT WE COPIED IN THE MEASURE
01:58:02.408 --> 01:58:04.510
WAS EXACTLY WHAT. THE CALIFORNIA
01:58:04.577 --> 01:58:05.945
RETAILERS INSISTED UPON IN
01:58:06.012 --> 01:58:08.714
NINETEEN THIRTY THREE WHEN ARMED
01:58:08.781 --> 01:58:10.550
IN CALIFORNIA WE ADOPTED THE
01:58:10.616 --> 01:58:12.251
SALES TAX ON GOODS WHICH IS
01:58:12.318 --> 01:58:14.020
BASICALLY THAT THE TAX HAS TO BE
01:58:14.086 --> 01:58:15.655
BELOW THE LINE WE REQUIRE THAT
01:58:15.721 --> 01:58:17.490
THE TAX BE DISPLAYED BELOW THE
01:58:17.557 --> 01:58:19.425
LINE. SO OBVIOUS EVEN ARCHITECT
01:58:19.492 --> 01:58:20.226
BECAUSE SO MY GOD THIS WITH
01:58:20.293 --> 01:58:21.661
PRESSURE ON MY FEES AND AFTER
01:58:21.727 --> 01:58:23.963
REDUCE MY FEES. ARM FOR THIS
01:58:24.030 --> 01:58:25.665
SAME ARGUMENT WAS MADE WITH
01:58:25.731 --> 01:58:27.533
RESPECT TO SALES TAX ON GOODS
01:58:27.600 --> 01:58:29.202
AND WE DID EVERYTHING WE CAN TO
01:58:29.268 --> 01:58:30.703
TO MODEL BUT WE'VE DONE BEFORE
01:58:30.770 --> 01:58:33.172
IN THE OTHER CONTEXT AND LASTLY.
01:58:33.239 --> 01:58:34.907
THIS NOTION THAT THIS IS GOING
01:58:34.974 --> 01:58:37.109
TO BE A HORRIBLE IMPACT ON SMALL
01:58:37.176 --> 01:58:38.678
BUSINESS I WAS LIKE. TO HEAR
01:58:38.744 --> 01:58:40.446
THAT AND CAL IT IN SACRAMENTO
01:58:40.513 --> 01:58:42.114
WHEN YOU KNOW BEING A SMART
01:58:42.181 --> 01:58:43.382
FORMER SMALL BUSINESS PERSON
01:58:43.449 --> 01:58:44.217
MYSELF.
01:58:44.283 --> 01:58:46.319
SO OFTEN I ARGUE WHEN THERE'S
01:58:46.385 --> 01:58:48.321
THESE BIG ORGANIZATIONS THAT I
01:58:48.387 --> 01:58:48.955
AM IN AWE Y. MUM BECAUSE THEIR
01:58:49.021 --> 01:58:50.022
ARGUMENT IS TO PROTECT
01:58:50.089 --> 01:58:52.725
THEMSELVES. THE IS IS DESPITE
01:58:52.792 --> 01:58:53.860
FOR SMALL BUSINESS WELL THE
01:58:53.926 --> 01:58:55.294
REALITY IS WHEN YOU LOOKED AT AN
01:58:55.361 --> 01:58:57.063
ACCOUNTING AND YOU SAW HOW MUCH
01:58:57.129 --> 01:58:58.865
THEY'RE SAVING VERSUS HOW MUCH
01:58:58.931 --> 01:59:00.433
IT'S COSTING THIS IS NOT THREE
01:59:00.500 --> 01:59:01.968
PERCENT ON GROSS REVENUES OF THE
01:59:02.034 --> 01:59:03.536
BUSINESS. THIS IS IF I HAVE A
01:59:03.603 --> 01:59:04.570
BUSINESS TO COST A MILLION
01:59:04.637 --> 01:59:06.405
DOLLARS MOST OF MY COST
01:59:06.472 --> 01:59:08.808
EMPLOYMENT. YOU KNOW NOT TAXED
01:59:08.875 --> 01:59:11.477
RENT NOT TAXED COST OF GOODS NOT
01:59:11.544 --> 01:59:13.212
TAXED MAYBE I HAVE TIRED
01:59:13.279 --> 01:59:15.114
ACCOUNTANT MAYBE. MY SPOUSE DOES
01:59:15.181 --> 01:59:16.716
IT MAYBE I HAVE A HAVE TO HIRE A
01:59:16.782 --> 01:59:19.185
LAWYER OR SOMETHING LIKE THAT SO
01:59:19.252 --> 01:59:20.987
MAYBE SPEND FIFTY GRAND AND THAT
01:59:21.053 --> 01:59:22.855
YOU TAXES FIFTEEN HUNDRED ON ONE
01:59:22.922 --> 01:59:24.190
SIDE OF THE LEDGER BUT WHEN YOU
01:59:24.257 --> 01:59:26.125
ASK ANYONE HONESTLY LOOK AT THE
01:59:26.192 --> 01:59:27.560
QUESTIONS SAY IS MY TAXES ARE MY
01:59:27.627 --> 01:59:28.961
TAXES. GOING UP AND IF YOU'RE
01:59:29.028 --> 01:59:33.032
NOT GROSSING LESS THAN THREE
01:59:33.099 --> 01:59:33.599
FIFTEEN AND YOU'RE GETTING A
01:59:33.666 --> 01:59:33.866
TWENTY PER
01:59:33.933 --> 01:59:34.467
AT DEDUCTION YOU ARE
01:59:34.534 --> 01:59:35.334
DRAMATICALLY BETTER OFF. SO WHAT
01:59:35.401 --> 01:59:35.935
WE TRY TO DO IS TO FIND THAT
01:59:36.002 --> 01:59:38.671
SWEET SPOT IN THE TAX.
01:59:38.738 --> 01:59:39.972
FORT BUT THE THE FEDERAL
01:59:40.039 --> 01:59:42.909
GOVERNMENT WHERE WE STILL. CLIP
01:59:42.975 --> 01:59:44.544
BUSINESS HAVE LESS TAX MAY PAID
01:59:44.610 --> 01:59:45.878
IN TWO THOUSAND SEVENTEEN ON THE
01:59:45.945 --> 01:59:47.780
ONE HAND CREATED THAT HAD ROOM
01:59:47.847 --> 01:59:49.448
IN A WAY AND TOOK THAT UP WITH A
01:59:49.515 --> 01:59:51.083
LITTLE BIT OF MONEY. WHICH IS
01:59:51.150 --> 01:59:52.752
DEDUCTIBLE SO FEDERAL GOVERNMENT
01:59:52.818 --> 01:59:54.420
PAYS A PIECE AND DELIVERED EVERY
01:59:54.487 --> 01:59:56.689
PENNY OF THAT TO HELP
01:59:56.756 --> 01:59:58.991
CALIFORNIA'S ECONOMY THAT HELPS
01:59:59.058 --> 02:00:00.226
WHAT KINDS OF THE REDUCED THAT
02:00:00.293 --> 02:00:02.261
TAX TWO PERCENT IT'S A LOT OF
02:00:02.328 --> 02:00:04.463
MONEY. BEEF D. E. O.'S TALKING
02:00:04.530 --> 02:00:05.698
TO US.
02:00:05.765 --> 02:00:07.066
CENTER MORLOCK ESTAMOS EIGHT
02:00:07.133 --> 02:00:08.067
POINT TWO FIVE PERCENT COSTA
02:00:08.134 --> 02:00:09.435
MESA RIDGE OF THE SIX POINT TWO
02:00:09.502 --> 02:00:11.537
FIVE PERCENT IT'S IT HAS IMPACTS
02:00:11.604 --> 02:00:14.540
THAT ARE ON ON BUSINESSES AND I
02:00:14.607 --> 02:00:15.107
THINK AS THEY BEGIN TO LEARN
02:00:15.174 --> 02:00:15.608
THAT.
02:00:15.675 --> 02:00:16.208
YOU KNOW I KNOW PEOPLE DON'T
02:00:16.275 --> 02:00:17.410
TRUST GOVERNMENT AND THEY JUST
02:00:17.476 --> 02:00:18.978
THINK OH MY GOT TAXES TO NOSE
02:00:19.045 --> 02:00:20.780
UNDER THE TENT AND WHATEVER.
02:00:20.846 --> 02:00:22.648
MAYBE SO. BUT IS THAT A REASON
02:00:22.715 --> 02:00:24.517
FOR US NOT TO TO ENGAGE IN
02:00:24.584 --> 02:00:26.285
HONEST DISCUSSION ABOUT WHERE WE
02:00:26.352 --> 02:00:28.654
HAVE TO GO. THE ANALYSIS HAS A
02:00:28.721 --> 02:00:30.423
NUMBER OF POINTS VIEW OF THEM
02:00:30.489 --> 02:00:31.023
TECHNICAL THINGS I THINK ARE
02:00:31.090 --> 02:00:32.592
CORRECT A SOME OF THE OTHER
02:00:32.658 --> 02:00:33.359
ISSUES THAT HAVE BEEN TALKED TO
02:00:33.426 --> 02:00:34.594
WITH OUR STAFF ABOUT
02:00:34.660 --> 02:00:36.362
APPORTIONMENT NEXUS. CERTAINLY
02:00:36.429 --> 02:00:37.630
WE CAN TALK ABOUT I THINK WE'RE
02:00:37.697 --> 02:00:39.098
OKAY WE PUT SOME BELTS AND
02:00:39.165 --> 02:00:41.233
SUSPENDERS ON THAT WE'VE COPIED
02:00:41.300 --> 02:00:43.569
THE EXACT SAME LANGUAGE AT THE
02:00:43.636 --> 02:00:45.071
BOARD OF EQUALIZATION. FOR THE
02:00:45.137 --> 02:00:47.073
REST OF HAVE TO BE DONE THAT THE
02:00:47.139 --> 02:00:48.574
LOVE THAT THE FOR THE FIVE
02:00:48.641 --> 02:00:49.575
HUNDRED THOUSAND DOLLAR TEST TO
02:00:49.642 --> 02:00:50.943
BE FIFTY BE WE USED THEIR TEST
02:00:51.010 --> 02:00:52.244
FOR DETERMINING WHETHER ON ON
02:00:52.311 --> 02:00:54.046
THE NEXUS ISSUE. SO IF WE'RE
02:00:54.113 --> 02:00:55.448
GOING TO BE STAND WHERE EXACTLY
02:00:55.514 --> 02:00:57.016
IN HARMONY WITH THE FRANCHISE
02:00:57.083 --> 02:00:59.118
TAX BOARD AND IF THE FRANCHISE
02:00:59.185 --> 02:01:00.519
TAX BOARD LOSES THEIR CASE WE
02:01:00.586 --> 02:01:01.887
PUT THE BURDEN ON THE ON THE ON
02:01:01.954 --> 02:01:03.723
THE CALIFORNIA BUYER TO PAY THE
02:01:03.789 --> 02:01:05.491
TAX JUST LIKE. THE SELLER PAYS
02:01:05.558 --> 02:01:07.827
THE TAX WE BOOTSTRAPPED THIS
02:01:07.893 --> 02:01:09.228
FOUR HUNDRED WAYS FROM SUNDAY I
02:01:09.295 --> 02:01:10.830
KNOW THAT IT WILL TAKE SOME TIME
02:01:10.896 --> 02:01:12.665
TO DRILL IN TO SEE ALL THIS THAT
02:01:12.732 --> 02:01:14.967
ANGLES AND. AND ARCHITECTURE OF
02:01:15.034 --> 02:01:16.969
WHAT WE HAVE DONE HERE BUT I
02:01:17.036 --> 02:01:18.704
THINK THAT IT IS IMPORTANT SOME
02:01:18.771 --> 02:01:19.672
OF THE OTHER THINGS ON POSTAL
02:01:19.739 --> 02:01:21.507
SERVICE YOU MENTION THAT WAS PUT
02:01:21.574 --> 02:01:22.875
IN BY THE LEDGE COUNCIL THEY
02:01:22.942 --> 02:01:24.510
SAID THAT IT WAS REQUIRED. WE
02:01:24.577 --> 02:01:25.978
SAW WAS DUPLICATIVE LEAD COUNSEL
02:01:26.045 --> 02:01:27.380
SAYS THAT'S HOW WE DO IT AS WE
02:01:27.446 --> 02:01:29.181
JEWEL IN DEEPER WE COULD TALK
02:01:29.248 --> 02:01:30.816
ABOUT THOSE THINGS BUT AGAIN.
02:01:30.883 --> 02:01:32.718
THIS WAS NOT WRITTEN OFF THE
02:01:32.785 --> 02:01:34.220
CUFF THIS WAS NOT WRITTEN
02:01:34.286 --> 02:01:36.055
WITHOUT CONSULTATION OF A LOT OF
02:01:36.122 --> 02:01:38.257
PEOPLE A LOT HOURS TO FIGURE OUT
02:01:38.324 --> 02:01:40.092
AT LEAST SOME ROAD MAPS SOME
02:01:40.159 --> 02:01:41.894
FRAMEWORK FORWARD THAT THE
02:01:41.961 --> 02:01:44.563
GOVERNOR TAKS ABOUT. IN SO YOU
02:01:44.630 --> 02:01:45.931
KNOW WHAT IT IT IT DID THE POINT
02:01:45.998 --> 02:01:47.233
OUT A COUPLE OF POINTS I WANT TO
02:01:47.299 --> 02:01:52.538
MAKE IS A CLOSE HERE AND AND AND.
02:01:52.605 --> 02:01:53.372
IT IS WHEN I WAS AN ORANGE
02:01:53.439 --> 02:01:54.006
COUNTY PRESENTING TO AN ORANGE
02:01:54.073 --> 02:01:55.641
COUNTY TAXPAYER GROUP. I WAS
02:01:55.708 --> 02:01:56.208
WITH SOME ALLEGED OFFICIALS
02:01:56.275 --> 02:01:57.843
THERE AND AND AFTER I PRESENTED
02:01:57.910 --> 02:01:58.911
THEY SAID YOU KNOW HERTZBERG.
02:01:58.978 --> 02:01:59.979
THIS IS NOT REVENUE COLUSA TAX
02:02:00.046 --> 02:02:02.314
CUT.
02:02:02.381 --> 02:02:02.948
YOU KNOW IN AGAIN AND YOU SOUND
02:02:03.015 --> 02:02:04.183
LIKE SNAKE OIL SALESMAN YOU'RE
02:02:04.250 --> 02:02:05.184
TRYING TO SELL IN THE TAX THE
02:02:05.251 --> 02:02:06.919
TAX CUT AND SO WOULD YOU KNOW I
02:02:06.986 --> 02:02:08.020
DON'T TALK ABOUT IT.
02:02:08.087 --> 02:02:09.255
BUT BASICALLY WHAT HE SAYS AND
02:02:09.321 --> 02:02:10.990
WE MODEL THIS IF TWENTY PERCENT
02:02:11.057 --> 02:02:11.957
OF THE MONEY IS COMING FROM OUT
02:02:12.024 --> 02:02:13.492
OF STATE TO SO MANY PEOPLE WANT
02:02:13.559 --> 02:02:15.094
TO TAKE ADVANTAGE OF OUR ROADS.
02:02:15.161 --> 02:02:16.195
AND OUR BUSINESS ENVIRONMENTS
02:02:16.262 --> 02:02:17.830
BUSINESS YEAR. EVEN THOUGH WE'RE
02:02:17.897 --> 02:02:19.031
RAISING FOURTEEN BILLION AND
02:02:19.098 --> 02:02:20.700
GIVING FOURTEEN BILLION BACK
02:02:20.766 --> 02:02:21.801
TWENTY PERCENT OF THAT FOURTEEN
02:02:21.867 --> 02:02:22.735
MILLION TWO POINT THOUGH IT IS
02:02:22.802 --> 02:02:24.203
COMIG FROM OUT OF STATE
02:02:24.270 --> 02:02:25.971
ENTITIES. THAT AGAIN COULD
02:02:26.038 --> 02:02:27.073
MINISTER THIS IS GETTING A LOT
02:02:27.139 --> 02:02:29.075
EASIER EVEN THAN WE DO ON THE
02:02:29.141 --> 02:02:30.843
TAX SIDE BECAUSE IT'S ALL. COULD
02:02:30.910 --> 02:02:31.844
BUSINESS TO BUSINESS THEY HAVE
02:02:31.911 --> 02:02:33.446
IT RECORDS IT'S A WHOLE
02:02:33.512 --> 02:02:34.547
DIFFERENT DYNAMIC ON A BUSINESS
02:02:34.613 --> 02:02:36.982
TO BUSINESS DYNAMIC SO IT
02:02:37.049 --> 02:02:38.117
ACTUALLY IS LESS BURDEN.
02:02:38.184 --> 02:02:39.385
I WHICH A CREATIVE WAY TO GET
02:02:39.452 --> 02:02:41.353
MONEY FROM OUT OF STATE PEOPLE
02:02:41.420 --> 02:02:42.588
HAVE LESS OF A BURDEN ON
02:02:42.655 --> 02:02:45.791
CALIFORNIA TAXPAYERS SO.
02:02:45.858 --> 02:02:46.959
I DON'T THINK THIS IS A NEW
02:02:47.026 --> 02:02:48.561
TAXES TO ITS SIMPLEST FORM.
02:02:48.627 --> 02:02:49.295
EVERYBODY EVERYONE THESE
02:02:49.361 --> 02:02:51.030
BUSINESSES ARE ALSO GONNA GET
02:02:51.097 --> 02:02:52.765
THE BENEFIT OF THE TAX CUT. IT
02:02:52.832 --> 02:02:54.366
IN TERMS OF THE DEDUCTION.
02:02:54.433 --> 02:02:55.534
SHE'S ME IN TERMS OF THE
02:02:55.601 --> 02:02:57.970
REDUCTION IN SALES TAX ON GOODS.
02:02:58.037 --> 02:02:58.804
PEOPLE THAT ARE WEALTHY YEARS
02:02:58.871 --> 02:03:00.573
ANY A BIGGER NUMBERS BECAUSE
02:03:00.639 --> 02:03:01.907
THEY CONSUME MORE.
02:03:01.974 --> 02:03:03.342
EVERY FAMILY WITH THE ONLY
02:03:03.409 --> 02:03:04.844
BUSINESS ARE NOT ARE GOING TO
02:03:04.910 --> 02:03:06.045
SEE THE OTHER SIDE OF THE LEDGER
02:03:06.112 --> 02:03:07.680
I WOULD SIMPLY TALK ABOUT THIS
02:03:07.747 --> 02:03:09.081
IS THE FIRST SMALL STEP. TOWARD
02:03:09.148 --> 02:03:10.950
THIS MODERNIZATION IT DOES OUT
02:03:11.016 --> 02:03:12.184
OF FRAMEWORK IT DOESN'T EAT HE
02:03:12.251 --> 02:03:13.552
INTRODUCE INTO THE LEGISLATIVE
02:03:13.619 --> 02:03:14.854
BRANCH.
02:03:14.920 --> 02:03:16.756
AND INTELLIGENT DISCUSSION THAT
02:03:16.822 --> 02:03:18.124
I OFFER ANY AMENDMENTS OR ANY
02:03:18.190 --> 02:03:19.892
IDEAS OF FOLKS THAT WANT TO DO
02:03:19.959 --> 02:03:22.328
IT WHAT I'M NOT INTERESTED IN.
02:03:22.394 --> 02:03:25.131
IS FOLKS TO JUST COME IN AND SAY.
02:03:25.197 --> 02:03:27.333
NO. OR. YOU KNOW WITHOUT A
02:03:27.399 --> 02:03:28.934
SOLUTION YOU GOT IF YOU WANT TO
02:03:29.001 --> 02:03:31.303
SAY NO WITH A NO IN ONE POCKET
02:03:31.370 --> 02:03:32.471
HAS TO COME WITH THE SOLUTION IN
02:03:32.538 --> 02:03:33.739
THE OTHER POCKET.
02:03:33.806 --> 02:03:35.708
BECAUSE THERE'S TOO MANY GROUPS
02:03:35.775 --> 02:03:37.476
THAT JUST SIMPLY DO THAT AND I
02:03:37.543 --> 02:03:39.178
THINK IT'S IMPORTANT FOR US. BUT
02:03:39.245 --> 02:03:41.147
TO TO BE SMARTER THAN THAT LOOK
02:03:41.213 --> 02:03:42.782
I KNOW IT'S TOUGH.
02:03:42.848 --> 02:03:44.950
THE IDEA HERE IS TO THINK LONG
02:03:45.017 --> 02:03:47.219
THE IDEA HERE IS TO RESPECT IN
02:03:47.286 --> 02:03:48.954
EVERY ASPECT OF THE BREATH OF
02:03:49.021 --> 02:03:50.256
THIS LEGISLATIVE BRANCH OF
02:03:50.322 --> 02:03:51.724
GOVERNMENT. TO BRING BACK SOME
02:03:51.791 --> 02:03:53.159
OF ITS GLORY TO HAVE THESE KINDS
02:03:53.225 --> 02:03:54.927
OF DISCUSSIONS THAT GIVEN THE
02:03:54.994 --> 02:03:56.462
TAKE OF WHAT IT TAKES TO MAKE
02:03:56.529 --> 02:03:57.596
THIS HAPPEN.
02:03:57.663 --> 02:03:59.799
YOU KNOW AND IT'S IT'S A MODEST
02:03:59.865 --> 02:04:02.101
PHASE IN IS AN EFFORT AS I SAID
02:04:02.168 --> 02:04:04.637
THAT THE MOVIE TO TO PICK UP CAN.
02:04:04.703 --> 02:04:06.338
INS WITH THAT I HAVE SOME
02:04:06.405 --> 02:04:07.740
PACKETS HERE THAT HAVE A NUMBER
02:04:07.807 --> 02:04:08.808
THE NUMBERS I WANT TO SHARE WITH
02:04:08.874 --> 02:04:09.608
YOU I DIDN'T WANT TO GIVE NOT
02:04:09.675 --> 02:04:10.709
EARLIER BECAUSE I WANTED YOU TO
02:04:10.776 --> 02:04:12.411
FOCUS ON MY COMMENTS. TALKS
02:04:12.478 --> 02:04:13.746
ABOUT THE THE THE WHO WATCHED
02:04:13.813 --> 02:04:14.980
WHAT'S BEING TAXED AND WHAT'S
02:04:15.047 --> 02:04:16.515
BEING EXCLUDED WE'VE TALKED
02:04:16.582 --> 02:04:18.017
ABOUT A SOME EDITORIALS HAVE
02:04:18.083 --> 02:04:19.251
BEEN TALKING ABOUT THIS OVER THE
02:04:19.318 --> 02:04:20.719
YEARS YOU CAN TAKE HOME AND
02:04:20.786 --> 02:04:21.487
REDID NIGHTS.
02:04:21.554 --> 02:04:22.288
AND.
02:04:22.354 --> 02:04:25.224
WITH THAT ODD <c.green> IF IF I'VE</c>
02:04:25.291 --> 02:04:26.792
MISSED ANYTHING OR MISSTATED THE
02:04:26.859 --> 02:04:28.594
IN THE MARKETPLACE OF IDEAS THAT
02:04:28.661 --> 02:04:29.862
WE HAVE THE GIVE AND TAKE OVER
02:04:29.929 --> 02:04:31.730
THESE LAST YEARS. TALKED ABOUT I
02:04:31.797 --> 02:04:33.566
WOULD LET THAT BRED THE MISTER
02:04:33.632 --> 02:04:35.334
WILLIAMS DE SAY ANYTHING THAT I
02:04:35.401 --> 02:04:36.468
YOU THINK I MIGHT HAVE MISSED
02:04:36.535 --> 02:04:38.204
WHAT THINGS THAT YOU MIGHT ADD
02:04:38.270 --> 02:04:40.039
AND I'D. CLOSE ON THAT THANK YOU
02:04:40.105 --> 02:04:41.207
SO MUCH AND HERTZBERG FOR THE IN
02:04:41.273 --> 02:04:41.707
DEPTH.
02:04:41.774 --> 02:04:43.542
PRESENTATION AND KNOW THAT
02:04:43.609 --> 02:04:44.476
WE'RE GONNA HAVE A SERVER
02:04:44.543 --> 02:04:45.444
QUESTIONS AND COMMENTS AND
02:04:45.511 --> 02:04:46.679
GRATEFUL FOR ALL YOUR WORK
02:04:46.745 --> 02:04:47.713
MISTER WOODS IS THERE ARE THERE
02:04:47.780 --> 02:04:49.048
ANY ITEMS THAT YOU'D LIKE TO ADD
02:04:49.114 --> 02:04:51.183
TO WHAT SOME HERTZBERG HAD JUST
02:04:51.250 --> 02:04:52.518
A PRESENT TO THE COMMITTEE.
02:04:52.585 --> 02:04:54.887
JUST ONE.
02:04:54.954 --> 02:04:56.322
ITEM I'D LIKE TO SORT OF
02:04:56.388 --> 02:04:57.790
EMPHASIZE SEES IS.
02:04:57.857 --> 02:05:01.927
THIS PACKAGE IS REVENUE NEUTRAL.
02:05:01.994 --> 02:05:04.063
AND SO IT DOES HAVE EXPAND THE
02:05:04.129 --> 02:05:05.865
SALES TAX TO SERVICES OF THREE
02:05:05.931 --> 02:05:07.466
PERCENT BUT IT ALSO PROVIDES A
02:05:07.533 --> 02:05:09.034
TWO PERCENT REDUCTION ON THE
02:05:09.101 --> 02:05:10.603
GOOD SIDE.
02:05:10.669 --> 02:05:12.438
SO FOR MANY BUSINESSES IT'S KIND
02:05:12.504 --> 02:05:13.806
OF IT'S MIXED IF YOU'RE
02:05:13.873 --> 02:05:16.008
PURCHASING SERVICES THAT BE HARD
02:05:16.075 --> 02:05:17.810
NOW TAXABLE YOU'RE GOING TO BE
02:05:17.877 --> 02:05:19.979
PAYING. EXTRA. BUT MANY
02:05:20.045 --> 02:05:21.780
BUSINESSES PURCHASE A LOT OF
02:05:21.847 --> 02:05:23.883
GOODS NOT JUST RESELL BUT
02:05:23.949 --> 02:05:25.751
THEY'LL PURCHASE YOU DON'T
02:05:25.818 --> 02:05:27.486
VEHICLES THINGS LIKE THAT.
02:05:27.553 --> 02:05:30.222
AND THE TAXES ON THOSE WILL GO
02:05:30.289 --> 02:05:32.291
DOWN SO IT'S SORT OF A NET
02:05:32.358 --> 02:05:34.760
IMPACT ON A BUSINESS THAT FITS
02:05:34.827 --> 02:05:36.161
IS IMPORTANT RECOGNIZE THAT
02:05:36.228 --> 02:05:38.530
THERE IS. A SAVINGS FOR MANY OF
02:05:38.597 --> 02:05:40.499
THE PURCHASES OF BETTER SMALL
02:05:40.566 --> 02:05:44.370
BUSINESSES MAKE.
02:05:44.436 --> 02:05:45.404
THANK YOU SO MUCH OF WHAT'S IN
02:05:45.471 --> 02:05:46.472
THAT WAS GONNA BE ONE ITEM I
02:05:46.538 --> 02:05:47.940
SEND HERTZBERG UNDER THE UP
02:05:48.007 --> 02:05:49.842
PROPOSED A BILL THAT YOU HAVE
02:05:49.909 --> 02:05:51.877
RIGHT NOW. JORDA WALKS THROUGH
02:05:51.944 --> 02:05:53.412
THE TWENTY TWENTY TWENTY TWENTY
02:05:53.479 --> 02:05:54.480
ONE.
02:05:54.546 --> 02:05:56.048
IN TWENTY TWENTY TWO EYES
02:05:56.115 --> 02:05:58.450
SCALED DOWN A ON THE OTHER SIDE
02:05:58.517 --> 02:05:59.451
TAXI JUST WALK THROUGH THAT REAL
02:05:59.518 --> 02:06:01.420
QUICK. AND BASICALLY WHAT IT IS
02:06:01.487 --> 02:06:02.922
ALL ALL GIVE THE DETAILS TO STE
02:06:02.988 --> 02:06:04.723
WILLIAMS BUT. BASICALLY THE
02:06:04.790 --> 02:06:06.558
NUTSHELL IS LOOK WE CAN'T START
02:06:06.625 --> 02:06:08.294
THIS INSTANTANEOUSLY WERE NOT
02:06:08.360 --> 02:06:09.728
TRUE TRYING TO BE THOUGHTFUL
02:06:09.795 --> 02:06:11.030
THESE WERE PEOPLE WHO WORKED IN
02:06:11.096 --> 02:06:13.065
FINANCE WHO DID THIS BEFORE AND
02:06:13.132 --> 02:06:14.733
THEY UNDERSTAND HOW DIFFICULT
02:06:14.800 --> 02:06:15.701
THIS IS IN THE MECHANISMS OF IT
02:06:15.768 --> 02:06:17.670
ALL. WE'RE MAKING PREDICTIONS WE
02:06:17.736 --> 02:06:18.971
DON'T KNOW IF THEY'RE ACCURATE
02:06:19.038 --> 02:06:20.739
SO WE'LL GO TO THE NUMBERS BUT
02:06:20.806 --> 02:06:22.041
WHAT WE'RE DOING IS A SLOW RAMP
02:06:22.107 --> 02:06:23.943
UP. WE HAVE A CHECK AND BALANCE
02:06:24.009 --> 02:06:24.810
AND THAT CHECK AND BALANCE AT
02:06:24.877 --> 02:06:26.445
MECHANISM THAT YOU TALKED ABOUT
02:06:26.512 --> 02:06:28.047
ME ANALYSIS YOU OUTLINED THE
02:06:28.113 --> 02:06:29.181
MECHANISM BUT THE PURPOSE OF THE
02:06:29.248 --> 02:06:30.549
MECHANISMS TO MAKE SURE IT'S
02:06:30.616 --> 02:06:31.984
REVENUE NEUTRAL. EVERYTIME WITH
02:06:32.051 --> 02:06:33.118
YOU GET WITH AN EIGHTH OF A
02:06:33.185 --> 02:06:34.520
POINT UPPER DOWN YOU DO THE
02:06:34.586 --> 02:06:36.388
ADJUSTMENTS AND SO THIS WAS
02:06:36.455 --> 02:06:38.590
WRITTEN WITH. BUT THE NOTION OF
02:06:38.657 --> 02:06:39.858
HOW THE DEPARTMENT OF FINANCE
02:06:39.925 --> 02:06:44.563
REALLY WORKS IN REAL TERMS.
02:06:44.630 --> 02:06:46.699
BUT IN THAT SITUATION SO I CAN
02:06:46.765 --> 02:06:47.666
GIVE IT OVER TO YOU AT THE TOP
02:06:47.733 --> 02:06:48.400
OF HIS OFFICE.
02:06:48.467 --> 02:06:49.935
ITS WINGS.
02:06:50.002 --> 02:06:51.603
LET'S GET OUT THINKING ABOUT IT.
02:06:51.670 --> 02:06:53.238
IT'S WRITTEN IT'S WRITTEN BY.
02:06:53.305 --> 02:06:53.739
FINANCE HEADS. FROM THE
02:06:53.806 --> 02:06:55.574
DEPARTMENT OF FINANCE
02:06:55.641 --> 02:06:56.742
SO THEY. YOU KNOW THROUGH
02:06:56.809 --> 02:06:58.277
RESPECT THEIR SENSITIVITIES HOW
02:06:58.344 --> 02:07:01.680
TO ACTUALLY MAKE IT PRACTICAL.
02:07:01.747 --> 02:07:02.715
IT FEEL FREE TO GIVE BOTH RIGHT
02:07:02.781 --> 02:07:04.149
YEAH I I THINK I'M HAVING A
02:07:04.216 --> 02:07:05.250
LITTLE TROUBLE LOCATING THE
02:07:05.317 --> 02:07:05.784
ACTUAL.
02:07:05.851 --> 02:07:08.487
PERCENTAGES BUT BASICALLY FULL
02:07:08.554 --> 02:07:10.155
THREE PERCENT BY TWENTY TWENTY
02:07:10.222 --> 02:07:12.691
TWO. IT IS IT IS IMPLEMENTED IN
02:07:12.758 --> 02:07:14.193
OVER THREE YEARS.
02:07:14.259 --> 02:07:15.828
SMALL LESS THAN A PERCENT THE
02:07:15.894 --> 02:07:17.596
FIRST YEAR TWO PERCENT IN THE
02:07:17.663 --> 02:07:18.897
SECOND YEAR IN SEVERAL HAVE ONE
02:07:18.964 --> 02:07:21.066
AND A HALF AND THREE RIGHT RIGHT.
02:07:21.133 --> 02:07:21.900
AND I THINK THE.
02:07:21.967 --> 02:07:23.969
OTHER ASPECT OF THIS WHICH IS
02:07:24.036 --> 02:07:26.005
VERY VERY IMPORTANT IT IS DURING
02:07:26.071 --> 02:07:27.272
THAT.
02:07:27.339 --> 02:07:28.941
PHASE IN PERIOD.
02:07:29.008 --> 02:07:31.877
DID WE COULD HAVE LANGUAGE THAT.
02:07:31.944 --> 02:07:33.345
THE DEPARTMENT OF FINANCE
02:07:33.412 --> 02:07:33.946
DIRECTOR OF THE DEPARTMENT OF
02:07:34.013 --> 02:07:35.114
FINANCE.
02:07:35.180 --> 02:07:37.016
WOULD LOOK AT THE REVENUES BEING
02:07:37.082 --> 02:07:39.885
RAISED BY THE SERVICES TAX.
02:07:39.952 --> 02:07:41.453
AND AT THE REVENUES BEING
02:07:41.520 --> 02:07:43.822
REDUCED BY THE CUT IN THESE TAX
02:07:43.889 --> 02:07:45.657
ON GOODS.
02:07:45.724 --> 02:07:48.761
AND SEE IF REVENUE NEUTRALITY IS
02:07:48.827 --> 02:07:50.696
BEING ACHIEVED IN ANY PARTICULAR
02:07:50.763 --> 02:07:53.332
YEAR. AND SO IF IT TURNS OUT FOR
02:07:53.399 --> 02:07:55.634
EXAMPLE THAT THE SALES TAX ON
02:07:55.701 --> 02:07:57.703
SERVICES IS RAISING MORE MONEY
02:07:57.770 --> 02:07:59.038
THAN ANTICIPATED DURING THIS
02:07:59.104 --> 02:08:00.839
PHASE IN PERIOD. THE DIRECTOR OF
02:08:00.906 --> 02:08:02.074
FINANCE HOUSING AUTHORITY TO
02:08:02.141 --> 02:08:03.809
REDUCE
02:08:03.876 --> 02:08:06.545
THE RAID ON GOODS IN INCREMENTS
02:08:06.612 --> 02:08:08.047
OF ONE EIGHTH OF ONE PERCENT. IN
02:08:08.113 --> 02:08:09.415
ORDER TO BRING.
02:08:09.481 --> 02:08:11.150
THE BILL BACK INTO REVENUE
02:08:11.216 --> 02:08:13.552
NEUTRALITY AND THEY'VE GOT THREE.
02:08:13.619 --> 02:08:15.287
SHOTS WITHOUT THROUGH TWENTY
02:08:15.354 --> 02:08:16.722
TWENTY THREE.
02:08:16.789 --> 02:08:18.424
TO TO ASSURE THAT THE BILL IS
02:08:18.490 --> 02:08:20.759
REVENUE NEUTRAL.
02:08:20.826 --> 02:08:22.327
APPRECIATE IT THANKS SO MUCH BUT
02:08:22.394 --> 02:08:23.962
WHAT WOULD THAT TO BE ABLE TO DO
02:08:24.029 --> 02:08:25.597
IS OPEN IT UP.
02:08:25.664 --> 02:08:26.732
TO ANY INDIVIDUAL WHO LIKE TO
02:08:26.799 --> 02:08:28.467
BETTER COME SPEAK IN SUPPORT OF
02:08:28.534 --> 02:08:30.302
THE BILL GRASSES SERGEANTS IT'D
02:08:30.369 --> 02:08:32.037
BE ALRIGHT IF WE COULD PLEASE
02:08:32.104 --> 02:08:33.572
MOVE THE.
02:08:33.639 --> 02:08:35.507
OUR POSTER BOARD THERE. ARE IN
02:08:35.574 --> 02:08:36.842
AGAIN WE'RE ASKING FOR FOLKS TO
02:08:36.909 --> 02:08:39.011
BE ABLE TO COME SPEAK IN SUPPORT
02:08:39.078 --> 02:08:39.778
IF YOU COULD STATE YOUR FIRST
02:08:39.845 --> 02:08:43.015
AND LAST. I IS WELL AS YOU OR I
02:08:43.082 --> 02:08:45.017
ORGANIZATION THEN WHAT WE'D LIKE
02:08:45.084 --> 02:08:46.885
TO BE ADDED TO. THE IS THAT WE'D
02:08:46.952 --> 02:08:48.087
LIKE TO INVITE.
02:08:48.153 --> 02:08:50.355
ONE PRIMARY WITNESS.
02:08:50.422 --> 02:08:51.957
TO SECONDARY WITNESSES TO BE TO
02:08:52.024 --> 02:08:54.960
COME SPEAK IN OPPOSITION.
02:08:55.027 --> 02:08:56.929
WELCOME ANYONE ELSE WHO MAY BE A
02:08:56.995 --> 02:08:58.263
PUDDLE WHO'S RUNNING AN OPEN IT
02:08:58.330 --> 02:08:59.531
UP TO THE COMMITTEE FOR PLENTY
02:08:59.598 --> 02:09:01.500
OF QUESTIONS OR COMMENTS AGAIN
02:09:01.567 --> 02:09:03.135
WE HAVE NO TIME LIMIT FOR
02:09:03.202 --> 02:09:04.670
COMMITTEE MEMBERS WE WANT TO
02:09:04.736 --> 02:09:05.304
MAKE SURE THAT WE HAVE A ROBUST
02:09:05.370 --> 02:09:06.338
DISCUSSION.
02:09:06.405 --> 02:09:08.774
AND THEN WE ARE LOOKING AT A
02:09:08.841 --> 02:09:11.176
DATE CERTAIN OF JUNE THIRTEENTH
02:09:11.243 --> 02:09:12.945
FOR A SECOND HEARING WE'RE GOING
02:09:13.011 --> 02:09:14.646
TO DO A DEEPER DIVE INTO THIS
02:09:14.713 --> 02:09:16.615
IMPORTANT ISSUE.
02:09:16.682 --> 02:09:18.283
ABOUT WITH THAT HOUSE UP WITH
02:09:18.350 --> 02:09:19.251
THOSE HOUSEKEEPING ITEMS FOR
02:09:19.318 --> 02:09:20.319
INTERNET OVER PLEASE IF YOU
02:09:20.385 --> 02:09:20.986
COULD PLEASE TAKE YOUR FIRST AND
02:09:21.053 --> 02:09:22.287
LAST SCAN TO SEE SIR MISTER
02:09:22.354 --> 02:09:23.789
CHAIRMAN SENATORS TERRY BROWN
02:09:23.856 --> 02:09:26.592
AND BEHALF OF SEIU CALIFORNIA.
02:09:26.658 --> 02:09:28.594
WERE CERTAINLY IN SUPPORT OF
02:09:28.660 --> 02:09:30.762
THIS CONCEPT THE GOALS OF HAVING
02:09:30.829 --> 02:09:34.433
A. PROGRESSIVE YET MODERN TAX
02:09:34.500 --> 02:09:36.168
STRUCTURE IS VERY IMPORTANT OUR
02:09:36.235 --> 02:09:37.836
ORGANIZATION GOING FORWARD WE
02:09:37.903 --> 02:09:39.605
LOOK FORWARD TO FUTURE HEARINGS
02:09:39.671 --> 02:09:41.340
IN DISCUSSIONS ABOUT IT. WANT TO
02:09:41.406 --> 02:09:42.508
THANK YOU COMMITTEE AND
02:09:42.574 --> 02:09:43.742
COMMITTEE STAFF FOR THE
02:09:43.809 --> 02:09:45.410
EXCELLENT ANALYSIS.
02:09:45.477 --> 02:09:47.513
LOOK FOR TO WORKING WITH YOU IN
02:09:47.579 --> 02:09:49.314
THE FUTURE BECAUSE HER. IT'S
02:09:49.381 --> 02:09:50.949
GOOD TO SEE YOU GOING SIR. GOOD
02:09:51.016 --> 02:09:52.885
MORNING A SECURE MEMBERS OF THE
02:09:52.951 --> 02:09:54.486
COMMITTEE ABOUT BRIAN NELSON
02:09:54.553 --> 02:09:54.987
THEM AFTER THE AMERICAN
02:09:55.053 --> 02:09:56.321
FEDERATION STATE COUNTY
02:09:56.388 --> 02:09:57.356
MUNICIPAL EMPLOYEES.
02:09:57.422 --> 02:09:59.658
ONE OF FIRST OFF THANK YOU ALL
02:09:59.725 --> 02:10:00.692
FOR HAVING THIS DISCUSSION TODAY
02:10:00.759 --> 02:10:01.960
FIGURE SENATOR FOR BRINGING THIS
02:10:02.027 --> 02:10:03.295
ISSUE FORWARD.
02:10:03.362 --> 02:10:05.030
FOR THE BETTER PART OF IT OVER
02:10:05.097 --> 02:10:06.131
A DECADE NOW HAVE SOME
02:10:06.198 --> 02:10:07.499
CALIFORNIA'S BEEN COMMITTED TO
02:10:07.566 --> 02:10:09.501
EXPLORE THIS IDEA SERVICE TAXES
02:10:09.568 --> 02:10:11.904
FLOOR IN AN IDEA ABOUT HOW TO.
02:10:11.970 --> 02:10:13.705
CREATE A STABLE SOURCE OF
02:10:13.772 --> 02:10:14.339
REVENUE IN THE STATE OF
02:10:14.406 --> 02:10:15.574
CALIFORNIA WHAT WOULD REDUCE
02:10:15.641 --> 02:10:17.476
VOLATILITY AND ENSURE THAT WE
02:10:17.543 --> 02:10:18.977
HAVE ENOUGH RESOURCES TO PREPARE
02:10:19.044 --> 02:10:21.180
FOR DYNAMICALLY CHANGING ECONOMY
02:10:21.246 --> 02:10:22.314
WITHOUT SHIFTING THE BURDEN
02:10:22.381 --> 02:10:23.916
BURDEN ON WORKING PEOPLE. HOW WE
02:10:23.982 --> 02:10:25.083
THINK THIS CONCEPT IS A
02:10:25.150 --> 02:10:26.318
PROGRESSIVE ONE?
02:10:26.385 --> 02:10:28.153
THAT HOLD SOME WEIGHT AND SOME
02:10:28.220 --> 02:10:29.555
VALUE IN THE SPHERE PUBLIC
02:10:29.621 --> 02:10:30.923
OPINION AND WE HOPE THAT THIS
02:10:30.989 --> 02:10:32.891
CONVERSATION CONTINUES. AYE WE
02:10:32.958 --> 02:10:39.264
LOOK FOR TO AYE AS OUR PARTNERS-S. YEAH YOU MENTIONED I'VE BEEN
02:10:39.331 --> 02:10:40.599
A PART A CONVERSATION AS WELL.
02:10:40.666 --> 02:10:41.233
TOO MUCH TO THINK YOU FOR BEING
02:10:41.300 --> 02:10:42.067
HERE.
02:10:42.134 --> 02:10:42.668
WE THEY GO TO SEE IF THERE'S
02:10:42.734 --> 02:10:43.302
ANYONE ELSE IN SUPPORT OF THIS
02:10:43.368 --> 02:10:45.170
BILL IN OR THE CONCEPT IF
02:10:45.237 --> 02:10:46.905
PLEASE COME FORWARD THIS IS LAST
02:10:46.972 --> 02:10:47.906
CALL FOR THOSE WHO ARE IN
02:10:47.973 --> 02:10:49.942
SUPPORT. IN AGAIN WILL BE COMING
02:10:50.008 --> 02:10:52.211
BACK TO THIS ON JUNE THIRTEENTH.
02:10:52.277 --> 02:10:53.212
ANYWHERE ELSE IN SUPPORT TO
02:10:53.278 --> 02:10:54.613
PLEASE ADVANCE.
02:10:54.680 --> 02:10:56.615
OKAY.
02:10:56.682 --> 02:10:57.916
WE'RE NOT GONNA INVITE THOSE
02:10:57.983 --> 02:11:00.085
THREE WITNESSES WHO WILL BE
02:11:00.152 --> 02:11:01.019
SPEAKING IN OPPOSITION WE'RE
02:11:01.086 --> 02:11:02.554
GONNA ASK FOR ONE ADDITIONAL
02:11:02.621 --> 02:11:03.922
CHAIR TO BE A TO PLEASE BE
02:11:03.989 --> 02:11:05.390
BROUGHT FORWARD.
02:11:05.457 --> 02:11:06.959
ON.
02:11:07.025 --> 02:11:10.729
WE HAVE ONE PRIMARY TO SECONDARY.
02:11:10.796 --> 02:11:11.897
WE'RE GONNA ASK THE GROUP WHO'S
02:11:11.964 --> 02:11:13.098
JUST ADVANCE WOULD LIKE TO BE A
02:11:13.165 --> 02:11:14.833
TO BE OUR PRIMARY WITNESS IN
02:11:14.900 --> 02:11:16.501
OPPOSITION WELCOME MA'AM.
02:11:16.568 --> 02:11:17.769
THANK YOU SO MUCH FOR TAKING THE
02:11:17.836 --> 02:11:22.808
TIME AND IT'S ALWAYS GOOD TO SEE.
02:11:22.874 --> 02:11:24.176
BURNETT ON ONE SECOND WILL GET
02:11:24.243 --> 02:11:26.178
THE MICROPHONE ON.
02:11:26.245 --> 02:11:29.615
YOU'RE ON.
02:11:29.681 --> 02:11:30.549
GOOD AFTERNOON MISTER CHAIR
02:11:30.616 --> 02:11:31.817
MEMBERS OF THE COMMITTEE TO
02:11:31.883 --> 02:11:32.951
RESTORE MAY REPRESENTING THE
02:11:33.018 --> 02:11:35.354
CALIFORNIA TAXPAYERS ASSOCIATION.
02:11:35.420 --> 02:11:37.122
FIRST OF ALL WHILE WE APPRECIATE
02:11:37.189 --> 02:11:38.023
THE INTENT OF THE BILL TO
02:11:38.090 --> 02:11:39.791
ADDRESS REVENUE VOLATILITY WE
02:11:39.858 --> 02:11:41.526
HAVE SEVERAL CONCERNS AND WE
02:11:41.593 --> 02:11:43.629
ABSOLUTELY DID ANALYZE THE BILL
02:11:43.695 --> 02:11:45.664
VERY THOROUGHLY. AND WHILE THE
02:11:45.731 --> 02:11:47.666
BILL TAKES A SLIGHTLY DIFFERENT
02:11:47.733 --> 02:11:49.201
COURSES STILL IMPOSES A MASSIVE%
02:11:49.268 --> 02:11:51.303
TAX INCREASE AND THAT IS WHY ARE
02:11:51.370 --> 02:11:52.738
OPPOSITION LETTER REFLECTS SOME
02:11:52.804 --> 02:11:54.406
OF THE SAME ARGUMENTS. THAT WE
02:11:54.473 --> 02:11:55.707
HAD WITH PRIOR VERSIONS OF THIS
02:11:55.774 --> 02:11:56.942
FILM.
02:11:57.009 --> 02:11:58.277
COUPLE OF CONCERNS THAT WE HAVE
02:11:58.343 --> 02:12:00.078
WITH THE BILL FIRST OF ALL THIS
02:12:00.145 --> 02:12:02.581
BILL INCREASES COSTS ON HEALTH
02:12:02.648 --> 02:12:04.583
CARE. PUTS COMEDIAN HAS
02:12:04.650 --> 02:12:06.418
DISCUSSED AND THE LEGISLATURE
02:12:06.485 --> 02:12:08.220
HAS DISCUSSED HEALTH CARE
02:12:08.287 --> 02:12:10.088
CHALLENGES FOR CALIFORNIANS
02:12:10.155 --> 02:12:11.857
ALTHOUGH THE BILL EXEMPTS
02:12:11.923 --> 02:12:13.158
SERVICES THAT ARE PROVIDED BY
02:12:13.225 --> 02:12:14.826
HOSPITAL SUCH AS MEDICAL
02:12:14.893 --> 02:12:16.695
SERVICES AND DOCTOR VISITS. IT
02:12:16.762 --> 02:12:18.764
DOES NOT EXEMPT SERVICES
02:12:18.830 --> 02:12:21.099
PURCHASED BY HOSPITALS THEREFORE
02:12:21.166 --> 02:12:23.568
SERVICES LIKE LEGAL ACCOUNTING
02:12:23.635 --> 02:12:25.937
AND BILLING AND ALSO JANITORIAL
02:12:26.004 --> 02:12:27.873
SERVICES WOULD INCREASE COSTS
02:12:27.939 --> 02:12:30.342
THE HOSPITALS. THE THESE CREASE
02:12:30.409 --> 02:12:32.311
THESE COST INCREASES THEN COULD
02:12:32.377 --> 02:12:34.179
BE PASSED ON TO PATIENTS.
02:12:34.246 --> 02:12:35.681
SIMILARLY THE SITUATION WOULD
02:12:35.747 --> 02:12:38.116
ALSO APPLY TO EDUCATION WHERE
02:12:38.183 --> 02:12:40.085
EDUCATION SERVICES ARE EXCLUDED
02:12:40.152 --> 02:12:41.820
EXEMPT FROM THE TAX BUT THEN
02:12:41.887 --> 02:12:43.722
EDUCATION FACILITIES AND
02:12:43.789 --> 02:12:45.324
INSTITUTIONS SUCH AS PRIVATE
02:12:45.390 --> 02:12:47.059
COLLEGES AND UNIVERSITIES WOULD
02:12:47.125 --> 02:12:49.261
BE SUBJECT. TO TAX ON THE
02:12:49.328 --> 02:12:50.595
PURCHASE OF THEIR SERVICES
02:12:50.662 --> 02:12:51.797
THEREFORE THERE WOULD BE
02:12:51.863 --> 02:12:54.099
INCREASES IN TUITION COSTS FOR
02:12:54.166 --> 02:12:55.434
CALIFORNIANS AS WELL.
02:12:55.500 --> 02:12:56.401
THIS WOULD ALSO APPLY TO
02:12:56.468 --> 02:12:58.036
UTILITIES.
02:12:58.103 --> 02:12:59.838
SO ALL OF THOSE NON MUNICIPAL ON
02:12:59.905 --> 02:13:01.606
UTILITIES WOULD BE SUBJECT TO
02:13:01.673 --> 02:13:03.175
ATTACKS WHEN THEY PURCHASE ANY
02:13:03.241 --> 02:13:04.743
SERVICE ONCE AGAIN WE'RE TALKING
02:13:04.810 --> 02:13:06.912
ABOUT LEGAL ACCOUNTING BILLING
02:13:06.978 --> 02:13:08.980
THESE ARE ESSENTIAL SERVICES. TO
02:13:09.047 --> 02:13:10.649
ALL BUSINESSES.
02:13:10.716 --> 02:13:12.150
WE'RE ALSO CONCERNED THAT THIS
02:13:12.217 --> 02:13:13.485
BILL WOULD INCREASE COSTS FOR
02:13:13.552 --> 02:13:15.087
CONSUMER GOODS. THIS BILL
02:13:15.153 --> 02:13:17.889
ABSOLUTELY DOES NOT ADDRESS THE
02:13:17.956 --> 02:13:19.825
TAX CASCADING OR WHAT WE CALL
02:13:19.891 --> 02:13:21.226
TAX PERMITTING.
02:13:21.293 --> 02:13:22.894
FOR EXAMPLE IF YOU HAVE THE
02:13:22.961 --> 02:13:24.930
MANUFACTURE OF A FOOD PRODUCTS
02:13:24.996 --> 02:13:27.132
WHEN THE MANUFACTURER GOES TO
02:13:27.199 --> 02:13:29.768
OBTAIN MARKET RESEARCH. ABOUT
02:13:29.835 --> 02:13:32.003
THE CONSUMER CHANGES AND TASTES
02:13:32.070 --> 02:13:34.272
AND MOVING FROM A LESS HEALTHY
02:13:34.339 --> 02:13:36.341
TO MORE HEALTHY ORGANIC PRODUCTS
02:13:36.408 --> 02:13:38.110
THAT PURCHASE NOW WOULD BE
02:13:38.176 --> 02:13:41.213
SUBJECT TO A THREE PERCENT TAX.
02:13:41.279 --> 02:13:42.981
WHEN THERE IS CONSUMER TESTING
02:13:43.048 --> 02:13:44.883
OF THAT PRODUCT TO ENSURE THAT
02:13:44.950 --> 02:13:46.184
THE FLAVOR THE TEXTURE THAT
02:13:46.251 --> 02:13:47.819
PRODUCT FOR EXAMPLE.
02:13:47.886 --> 02:13:49.988
WOULD BE SUITABLE FOR CONSUMERS
02:13:50.055 --> 02:13:51.990
THAT ALSO WOULD NOW BE SUBJECT
02:13:52.057 --> 02:13:54.860
TO A THREE PERCENT TAX.
02:13:54.926 --> 02:13:57.729
WHEN THEN MANUFACTURER ALSO.
02:13:57.796 --> 02:13:59.631
GOES TO HIRE INDEPENDENT HEALTH
02:13:59.698 --> 02:14:01.333
INSPECTORS.
02:14:01.400 --> 02:14:02.534
IN ORDER TO ENSURE THAT THEIR
02:14:02.601 --> 02:14:03.802
PRODUCT MEETS FDA LABELING
02:14:03.869 --> 02:14:06.004
REQUIREMENTS.
02:14:06.071 --> 02:14:07.239
THAT SERVICE NOW IS ALSO SUBJECT
02:14:07.305 --> 02:14:09.207
TO TAX.
02:14:09.274 --> 02:14:10.709
WHEN THE PRODUCT IS READY AND IS
02:14:10.776 --> 02:14:12.310
THEN TRANSPORTED TO A
02:14:12.377 --> 02:14:14.813
DISTRIBUTION CENTER THAT PARENTS
02:14:14.880 --> 02:14:16.314
FLOTATION.
02:14:16.381 --> 02:14:17.816
BECAUSE OUR SERVICE IS NOW ALSO
02:14:17.883 --> 02:14:19.684
SUBJECT TO TAX.
02:14:19.751 --> 02:14:22.287
ALL OF THESE TAX SERVICES AT THE
02:14:22.354 --> 02:14:24.856
MULTIPLE STAGES. OF.
02:14:24.923 --> 02:14:26.591
PRODUCTION IS KNOWN AS TAX
02:14:26.658 --> 02:14:28.460
PERMITTING. AND THESE COSTS ARE
02:14:28.527 --> 02:14:31.430
OFTEN PASS ON TO THE CONSUMER.
02:14:31.496 --> 02:14:33.365
IF THE MANUFACTURER COULD NOT
02:14:33.432 --> 02:14:34.766
PASS THOSE COSTS ON TO THE
02:14:34.833 --> 02:14:36.001
CONSUMER BECAUSE OF OTHER
02:14:36.067 --> 02:14:38.003
COMPETITORS WHAT LIKELY CAN
02:14:38.069 --> 02:14:39.404
HAPPEN AND HAS HAPPENED IS THERE
02:14:39.471 --> 02:14:42.741
COULD BE. LOWER WAGES FEWER JOBS
02:14:42.808 --> 02:14:45.243
OR AS A LAST RESORT RELOCATION
02:14:45.310 --> 02:14:47.045
OUT OF STATE.
02:14:47.112 --> 02:14:48.747
AND SO WHAT WE HAVE NOT SEEN.
02:14:48.814 --> 02:14:50.949
THE ASSUMPTIONS THAT GO INTO
02:14:51.016 --> 02:14:53.618
THIS REVENUE NEUTRAL ESTIMATE.
02:14:53.685 --> 02:14:54.953
WE KNOW THAT THIS IS A THREE
02:14:55.020 --> 02:14:57.322
PERCENT TAX INCREASE. WITH A TWO
02:14:57.389 --> 02:14:59.758
PERCENT TAX REDUCTION AND IT'S
02:14:59.825 --> 02:15:01.426
UNCLEAR WHETHER OR NOT THOSE
02:15:01.493 --> 02:15:02.627
FISCAL ESTIMATES TAKE INTO
02:15:02.694 --> 02:15:04.429
ACCOUNT. THE HIGHER COSTS FOR
02:15:04.496 --> 02:15:06.598
CONSUMERS THE POTENTIAL OF LOS
02:15:06.665 --> 02:15:08.767
TAX REVENUE DUE TO LOWER
02:15:08.834 --> 02:15:10.335
PERSONAL INCOME TAXES AND
02:15:10.402 --> 02:15:12.170
CORPORATE TAXES WHEN THESE
02:15:12.237 --> 02:15:14.439
COMPANIES AND CALIFORNIANS
02:15:14.506 --> 02:15:16.074
EITHER LOSE THEIR JOBS OR HAVE
02:15:16.141 --> 02:15:17.676
LOWER WAGES.
02:15:17.742 --> 02:15:19.544
LAST BUT NOT LEAST URINALYSIS
02:15:19.611 --> 02:15:21.513
IDENTIFIES OVER A DOZEN
02:15:21.580 --> 02:15:22.614
DIFFERENT IMPLEMENTATION
02:15:22.681 --> 02:15:25.116
CONCERNS WHAT WILL LIKELY HAPPEN
02:15:25.183 --> 02:15:27.118
IS IF THIS BILL GOES FORWARD.
02:15:27.185 --> 02:15:28.954
THERE WILL BE REGISTRATION
02:15:29.020 --> 02:15:30.555
REQUIREMENTS AND COLLECTION
02:15:30.622 --> 02:15:32.924
REQUIREMENTS ON PEOPLE AND FOR
02:15:32.991 --> 02:15:34.960
OF SERVICE PROVIDERS WHO HAVE
02:15:35.026 --> 02:15:37.362
NEVER BEFORE. BEEN REQUIRED TO
02:15:37.429 --> 02:15:39.998
COLLECT TRACK AND WE MET ATTACKS
02:15:40.065 --> 02:15:42.200
THIS COULD IMPACT THOUSANDS OF
02:15:42.267 --> 02:15:43.768
SERVICE PROVIDERS AND LIKELY
02:15:43.835 --> 02:15:45.971
MORE AND ALONG THE LINES OF TENS
02:15:46.037 --> 02:15:46.471
OF THOUSANDS OF SERVICE
02:15:46.538 --> 02:15:47.772
PROVIDERS.
02:15:47.839 --> 02:15:49.474
THEY WILL ALL HAVE TO ESTABLISH
02:15:49.541 --> 02:15:52.277
A MECHANISM TO TRACK COLLECT AND
02:15:52.344 --> 02:15:55.013
REMIT THESE TAXES TO THE STATE.
02:15:55.080 --> 02:15:56.815
ALSO FOR PURPOSES OF APPLYING
02:15:56.882 --> 02:15:58.950
THE TAX THE SELLER HAS TO KNOW
02:15:59.017 --> 02:16:00.552
AT THE TIME THAT THE THE SERVICE
02:16:00.619 --> 02:16:02.587
IS SOLD.
02:16:02.654 --> 02:16:04.489
HOW THE PURCHASER WILL USE THAT
02:16:04.556 --> 02:16:06.224
SERVICE?
02:16:06.291 --> 02:16:07.726
WHERE THE PURCHASER WILL USE
02:16:07.792 --> 02:16:09.027
THAT SERVICE AND HAS TO
02:16:09.094 --> 02:16:10.462
DETERMINE THE PROPORTION OF THE
02:16:10.529 --> 02:16:12.797
BENEFIT OF THAT SERVICE THAT WAS
02:16:12.864 --> 02:16:14.766
RECEIVED IN CALIFORNIA AND ONCE
02:16:14.833 --> 02:16:16.134
AGAIN THAT IS THE TIME OF
02:16:16.201 --> 02:16:17.869
THEY'LL? THE SELLER HAS NO
02:16:17.936 --> 02:16:19.604
KNOWLEDGE AND NO ABILITY TO BE
02:16:19.671 --> 02:16:21.473
ABLE TO DETERMINE THAT. BUT IF
02:16:21.540 --> 02:16:23.575
THE SELLER. DOES NOT CORRECTLY
02:16:23.642 --> 02:16:26.578
COMPLY APPLY THE TAX THAT SELLER
02:16:26.645 --> 02:16:27.913
IS SUBJECT TO PENALTIES BY THE
02:16:27.979 --> 02:16:30.248
STATE.
02:16:30.315 --> 02:16:31.516
ALL WE HAVE TO DO IN TERMS OF
02:16:31.583 --> 02:16:34.386
LOOK TO THE IMPLEMENTATION OF
02:16:34.452 --> 02:16:36.121
THE CANNABIS REGISTRATION SALES
02:16:36.187 --> 02:16:38.023
TAX. IN ORDER TO SEE THE
02:16:38.089 --> 02:16:39.724
CHALLENGES AND DIFFICULTIES.
02:16:39.791 --> 02:16:40.859
AND WE KNOW THAT THAT IS JUST
02:16:40.926 --> 02:16:43.595
ONE INDUSTRY. THIS PROPOSAL IS
02:16:43.662 --> 02:16:45.897
FOR ALL INDUSTRIES THAT SERVICE
02:16:45.964 --> 02:16:47.065
THAT PROVIDE SERVICES WITH
02:16:47.132 --> 02:16:48.800
CERTAIN EXEMPTIONS.
02:16:48.867 --> 02:16:51.069
IN CLOSING THIS IS A MASSIVE TAX
02:16:51.136 --> 02:16:53.772
INCREASE ON CALIFORNIA EMPLOYERS.
02:16:53.838 --> 02:16:54.940
THERE ARE OTHER STATES THAT HAVE
02:16:55.006 --> 02:16:56.374
TRIED A BROAD BASED SELL TAX
02:16:56.441 --> 02:16:57.776
INCREASE.
02:16:57.842 --> 02:16:59.110
BUT THEY HAVE REPEALED THAT
02:16:59.177 --> 02:17:00.912
PROPOSAL.
02:17:00.979 --> 02:17:02.547
JUST A FEW MONTHS AFTER THEY'VE
02:17:02.614 --> 02:17:04.883
ENACTED IN THOSE STATES INCLUDE
02:17:04.950 --> 02:17:07.419
FLORIDA MASSACHUSETTS MICHIGAN
02:17:07.485 --> 02:17:09.254
AND MARYLAND TO NAME A FEW. AND
02:17:09.321 --> 02:17:10.855
THAT IS THE REASON WHY OTHER
02:17:10.922 --> 02:17:12.757
STATES HAVE NOT.
02:17:12.824 --> 02:17:14.593
EMBARKED ON A BROAD BASED CELLS
02:17:14.659 --> 02:17:16.661
TAX BECAUSE OF THE COMPETITIVE
02:17:16.728 --> 02:17:18.496
DISADVANTAGES NOW ALSO THE
02:17:18.563 --> 02:17:21.466
CHALLENGES. WITH ADMINISTRATION.
02:17:21.533 --> 02:17:23.568
RESPECTFULLY IN OPPOSITION.
02:17:23.635 --> 02:17:24.369
IT IS MUCH MISTER ROEMER
02:17:24.436 --> 02:17:25.870
GRATEFULLY HERE AND WE GREATLY
02:17:25.937 --> 02:17:27.339
APPRECIATE YOUR TESTIMONY FAMILY
02:17:27.405 --> 02:17:28.406
WELCOME IF YOU KNOW MY NEED TO
02:17:28.473 --> 02:17:29.941
INTRODUCE YOURSELF AND THINK YOU
02:17:30.008 --> 02:17:30.542
FOR TAKING TIME TO BE HEARING
02:17:30.609 --> 02:17:31.876
COMMITTEE. THANK YOU SO MUCH
02:17:31.943 --> 02:17:33.211
MISTER CHAIR GOOD AFTERNOON SIR
02:17:33.278 --> 02:17:34.913
CHAIR MEMBERS OF MY NAME IS
02:17:34.980 --> 02:17:36.381
SARAH BOOT I'M TESTIFYING TODAY
02:17:36.448 --> 02:17:37.482
ON BEHALF OF THE CALIFORNIA
02:17:37.549 --> 02:17:38.450
CHAMBER OF COMMERCE AND
02:17:38.516 --> 02:17:40.352
RESPECTFUL OPPOSITION TO THIS
02:17:40.418 --> 02:17:41.119
BILL.
02:17:41.186 --> 02:17:41.987
AS BE NINE NINE THREE WOULD
02:17:42.053 --> 02:17:43.254
INCREASE THE COST OF DOING
02:17:43.321 --> 02:17:44.756
BUSINESS AND ALREADY COSTLY
02:17:44.823 --> 02:17:46.591
STATE. EDITION OF THREE PERCENT
02:17:46.658 --> 02:17:48.159
TAX ON MOST OF THE SERVICES USED
02:17:48.226 --> 02:17:49.227
BY BUSINESSES IN THEIR DAY TO
02:17:49.294 --> 02:17:51.196
DAY OPERATIONS. THIS WOULD BE A
02:17:51.262 --> 02:17:52.697
SIGNIFICANT COST FOR BUSINESSES
02:17:52.764 --> 02:17:54.032
TO COMPLY WITH THIS COMPLEX AND
02:17:54.099 --> 02:17:55.567
CONFUSING BILL.
02:17:55.634 --> 02:17:57.002
S. B. NINE NINE THREE WOULD HIT
02:17:57.068 --> 02:17:58.169
SMALL BUSINESSES THE HARDEST
02:17:58.236 --> 02:17:59.537
ALTHOUGH THE BILL HAS A LIMITED
02:17:59.604 --> 02:18:01.539
EXCEPTION. FROM THIS TAX
02:18:01.606 --> 02:18:02.607
INCREASE FOR SOME SMALL
02:18:02.674 --> 02:18:03.875
BUSINESSES IT CERTAINLY DOES NOT
02:18:03.942 --> 02:18:05.277
PROTECT ALL OF THEM.
02:18:05.343 --> 02:18:06.678
SMALL BUSINESSES DEPEND ON THE
02:18:06.745 --> 02:18:08.013
SERVICE IS INCLUDED UNDER SB
02:18:08.079 --> 02:18:09.414
NINE NINE THREE TO CONDUCT THEIR
02:18:09.481 --> 02:18:11.182
OPERATIONS WHILE LARGER
02:18:11.249 --> 02:18:11.816
BUSINESSES WILL BE ABLE TO AVOID
02:18:11.883 --> 02:18:14.052
PAYING TAXES ON CERTAIN SERVICES
02:18:14.119 --> 02:18:15.920
BY BRINGING THEM IN HOUSE. MOST
02:18:15.987 --> 02:18:16.521
SMALL BUSINESSES WILL NOT BE
02:18:16.588 --> 02:18:18.556
ABLE TO DO SO. ADDITIONALLY THE
02:18:18.623 --> 02:18:19.357
BURDEN OF COMPLYING WITH THIS
02:18:19.424 --> 02:18:20.358
NEW TAX WILL ALSO BE MORE
02:18:20.425 --> 02:18:21.726
CHALLENGING FOR SMALL BUSINESSES
02:18:21.793 --> 02:18:23.061
AS THEY WILL. LIKELY HAVE
02:18:23.128 --> 02:18:24.396
LIMITED RESOURCES SET UP NEW
02:18:24.462 --> 02:18:25.997
COMPLIANCE SYSTEM FOR THIS TAX
02:18:26.064 --> 02:18:28.266
ON SERVICES.
02:18:28.333 --> 02:18:28.833
IF S. B. NINE NINE THREE IS
02:18:28.900 --> 02:18:30.602
ADOPTED THE COST OF PRODUCING A
02:18:30.669 --> 02:18:31.703
GOOD ARE PROVIDING A SERVICE IN
02:18:31.770 --> 02:18:33.004
CALIFORNIA WOULD GO UP AS
02:18:33.071 --> 02:18:35.173
MENTIONED BY OUR CAL TAX WITNESS
02:18:35.240 --> 02:18:36.641
OF FOR SOME BUSINESSES THAT
02:18:36.708 --> 02:18:38.043
COULD LEAD TO HIGHER PRICES.
02:18:38.109 --> 02:18:39.344
PLACING CALIFORNIA GOODS AT A
02:18:39.411 --> 02:18:40.311
COMPETITIVE DISADVANTAGE WHEN
02:18:40.378 --> 02:18:41.112
COMPARED WITH BUSINESSES
02:18:41.179 --> 02:18:42.080
OPERATING OTHER STATES OR
02:18:42.147 --> 02:18:43.348
COUNTRIES.
02:18:43.415 --> 02:18:44.382
FOR OTHER BUSINESSES THE
02:18:44.449 --> 02:18:45.550
COMPETITION IS TOO STIFF TO
02:18:45.617 --> 02:18:47.118
RAISE PRICES THESE BUSINESSES
02:18:47.185 --> 02:18:48.319
WOULD BE INCLINED TO REDUCE
02:18:48.386 --> 02:18:49.654
INVESTMENT AND EMPLOYMENT
02:18:49.721 --> 02:18:50.989
CALIFORNIA TO COMPENSATE FOR THE
02:18:51.056 --> 02:18:52.657
HIGHER COSTS.
02:18:52.724 --> 02:18:53.958
THAT MEANS FEWER JOBS AND LESS
02:18:54.025 --> 02:18:55.160
ACTIVE ECONOMIC GROWTH WHICH
02:18:55.226 --> 02:18:56.528
ULTIMATELY MEANS LESS TAX
02:18:56.594 --> 02:18:58.763
REVENUE FOR THE STATE.
02:18:58.830 --> 02:18:59.864
THE IMPOSITION OF NEW BUSINESS
02:18:59.931 --> 02:19:01.366
TAXES IS NOT HAPPEN IN A VACUUM
02:19:01.433 --> 02:19:02.734
STATE AND LOCAL TAXES ARE
02:19:02.801 --> 02:19:04.469
SIGNIFICANT COSTS FOR EMPLOYERS.
02:19:04.536 --> 02:19:05.804
AND ARE THERE FOR A KEY FACTOR
02:19:05.870 --> 02:19:07.472
IN BUSINESS PLANNING DECISIONS
02:19:07.539 --> 02:19:08.606
AND NO OTHER STATE HAS A
02:19:08.673 --> 02:19:10.141
BUSINESS TO BUSINESS SERVICES
02:19:10.208 --> 02:19:11.576
TAXES EXTENSIVE IS THAT
02:19:11.643 --> 02:19:13.078
CONTEMPLATED BY THIS BILL.
02:19:13.144 --> 02:19:14.179
NUMEROUS STATES INCLUDING
02:19:14.245 --> 02:19:15.947
CALIFORNIA ALREADY TAXED HANDFUL
02:19:16.014 --> 02:19:17.082
OF BUSINESS SERVICES BUT THIS
02:19:17.148 --> 02:19:17.816
BILL ATTACKS
02:19:17.882 --> 02:19:19.718
ALMOST ALL OF THEM.
02:19:19.784 --> 02:19:20.985
ONLY TO SMALLER STATES HAVE A
02:19:21.052 --> 02:19:22.053
BROAD BASED SALES TAX ON
02:19:22.120 --> 02:19:23.321
SERVICES AND ONLY TWO SMALLER
02:19:23.388 --> 02:19:24.756
STATES TAX MORE THAN A HUNDRED
02:19:24.823 --> 02:19:26.691
SERVICES. BUT CALIFORNIA HAS A
02:19:26.758 --> 02:19:28.793
MUCH HIGHER TAX RATES ACROSS THE
02:19:28.860 --> 02:19:31.229
BOARD. AND A MORE COMPLEX TAX
02:19:31.296 --> 02:19:33.331
SYSTEM THANTHE STATE'S.
02:19:33.398 --> 02:19:35.066
IN SOME S. B. NINE NINE THREE
02:19:35.133 --> 02:19:35.867
WOULD ADD YET ANOTHER LAYER
02:19:35.934 --> 02:19:37.001
TAXES ON THE CALIFORNIA
02:19:37.068 --> 02:19:38.636
BUSINESSES AND STATE ALREADY HAS
02:19:38.703 --> 02:19:40.071
BEEN RANKED AS HAVING THE FORTY
02:19:40.138 --> 02:19:41.740
EIGHT WORST STATE BUSINESS TAX
02:19:41.806 --> 02:19:43.141
CLIMATE IN THE COUNTRY. IT THIS
02:19:43.208 --> 02:19:44.309
BILLS ADOPTED WE COULD SOON BE
02:19:44.375 --> 02:19:45.877
IN LAST PLACE.
02:19:45.944 --> 02:19:47.312
THANK YOU THANK YOU SO MUCH
02:19:47.378 --> 02:19:48.480
WE'RE NOW GOING TO GO TO OUR
02:19:48.546 --> 02:19:50.148
LAST SECONDARY WITNESSES AND WE
02:19:50.215 --> 02:19:51.015
WELCOME YOU SIR AND THINK YOU
02:19:51.082 --> 02:19:52.283
FOR BEING HERE THANK YOU MISTER
02:19:52.350 --> 02:19:53.518
CHAIR MEMBERS JIM GROWS ON
02:19:53.585 --> 02:19:54.986
BEHALF THE CALIFORNIA SOCIETY OF
02:19:55.053 --> 02:19:56.755
CERTIFIED PUBLIC ACCOUNTANTS. OF
02:19:56.821 --> 02:19:58.790
MY COMMENTS ALSO APPLY TO THE
02:19:58.857 --> 02:20:00.325
EMERALD AGENTS WHO I THINK WILL
02:20:00.391 --> 02:20:01.559
REGISTER THEIR OPPOSITION AS
02:20:01.626 --> 02:20:03.361
WELL PERSONALLY THANK SENATOR
02:20:03.428 --> 02:20:05.430
HERTZBERG FOR RECOGNIZING THAT
02:20:05.497 --> 02:20:06.998
THIS IS A LONGER. MORE
02:20:07.065 --> 02:20:09.134
COMPLICATED CONVERSATION I KNOW
02:20:09.200 --> 02:20:10.468
YOU SPENT A TREMENDOUS AMOUNT OF
02:20:10.535 --> 02:20:12.103
TIME ON IT AND WE LOOK FORWARD
02:20:12.170 --> 02:20:13.538
TO CONTINUING THE CONVERSATION.
02:20:13.605 --> 02:20:15.140
I'M SPEAKING AS A REPRESENTATIVE
02:20:15.206 --> 02:20:16.040
OF.
02:20:16.107 --> 02:20:21.913
BOB BY THIS.
02:20:21.980 --> 02:20:24.482
AND WITH RESPECT TO THAT HOCKS
02:20:24.549 --> 02:20:26.050
ITSELF I THINK IT NEEDS TO BE
02:20:26.117 --> 02:20:27.986
RECOGNIZED. THAT.
02:20:28.052 --> 02:20:29.354
UNFORTUNATELY CARRIES WITH IT A
02:20:29.420 --> 02:20:31.055
HIDDEN TAX.
02:20:31.122 --> 02:20:33.158
AND THAT HIDDEN TAX IS THE COST
02:20:33.224 --> 02:20:35.226
OF COMPLIANCE.
02:20:35.293 --> 02:20:37.061
MANY MANY OF THE BUSINESSES THAT
02:20:37.128 --> 02:20:39.063
WILL BE AFFECTED BY THIS DO NOT
02:20:39.130 --> 02:20:41.499
CURRENTLY COLLECT ANY FORM OF
02:20:41.566 --> 02:20:42.567
SALES TAX AS MISTER WILLIAMS
02:20:42.634 --> 02:20:44.269
NOTED SOME DO.
02:20:44.335 --> 02:20:45.170
BUT ALSO.
02:20:45.236 --> 02:20:47.572
THEY ARE PAIRS OF SALES TAX BUT
02:20:47.639 --> 02:20:48.840
MANY ARE COMPLETELY UNFAMILIAR
02:20:48.907 --> 02:20:50.875
HAVE NO SYSTEMS IN PLACE FOR
02:20:50.942 --> 02:20:52.844
COLLECTION OF SALES TAX WHEN YOU
02:20:52.911 --> 02:20:54.512
TAKE INTO ACCOUNT HOW THE BILL
02:20:54.579 --> 02:20:55.713
AS DRAFTED RELATIVE TO
02:20:55.780 --> 02:20:57.882
APPORTIONMENT. AND THE ISSUE OF
02:20:57.949 --> 02:20:59.717
OUR BENEFIT. BY IT MAKES IT
02:20:59.784 --> 02:21:01.352
INCREDIBLY DIFFICULT FOR THESE
02:21:01.419 --> 02:21:03.788
BUSINESSES TO DETERMINE HOW TO
02:21:03.855 --> 02:21:05.156
DO THIS.
02:21:05.223 --> 02:21:06.057
THEY HAVE TO HIRE PROFESSIONALS
02:21:06.124 --> 02:21:06.991
WERE REAL GLAD THEY HAVE TO HIRE
02:21:07.058 --> 02:21:08.593
PROFESSIONALS EXCEPT THAT MANY
02:21:08.660 --> 02:21:10.862
OF THESE BUSINESSES DO NOT HAVE.
02:21:10.929 --> 02:21:13.431
THE MARGINS THAT WOULD ALLOW
02:21:13.498 --> 02:21:15.433
THEM TO PAY FOR THIS OF THIS TAX
02:21:15.500 --> 02:21:16.968
MAY CARRY WITH IT A TEN FIFTEEN
02:21:17.035 --> 02:21:18.536
TWENTY FIFTY THOUSAND DOLLAR
02:21:18.603 --> 02:21:21.372
COST. ASSOCIATED WITH COMPLIANCE
02:21:21.439 --> 02:21:23.775
AND THE RISK OF NONCOMPLIANCE I
02:21:23.842 --> 02:21:25.343
THINK THAT HAS TO BE TAKEN INTO
02:21:25.410 --> 02:21:27.879
ACCOUNT IN ANY CONSIDERATION. OF
02:21:27.946 --> 02:21:29.614
THIS TYPE OF TAX TO IN ORDER TO
02:21:29.681 --> 02:21:31.616
MAKE SURE THAT WE ARE NOT
02:21:31.683 --> 02:21:33.351
INADVERTENTLY DRIVING SMALL
02:21:33.418 --> 02:21:34.986
BUSINESSES OUT OF BUSINESS
02:21:35.053 --> 02:21:37.555
BECAUSE OF THEIR INABILITY. TO
02:21:37.622 --> 02:21:39.324
ADDRESS THIS AND I THINK THE
02:21:39.390 --> 02:21:41.259
COMPLEXITIES OF IT ARE A MAJOR
02:21:41.326 --> 02:21:43.127
PART OF THAT SHOW WE INTEND TO
02:21:43.194 --> 02:21:44.095
CONSTRUCT CONTINUE THE
02:21:44.162 --> 02:21:46.030
CONVERSATION BUT WE BELIEVE THAT
02:21:46.097 --> 02:21:47.966
OUR CUSTOMERS OUR CLIENTS ARE
02:21:48.032 --> 02:21:49.834
VERY MUCH AT RISK WITH THIS TYPE
02:21:49.901 --> 02:21:51.502
OF PROPOSAL. AND WE THINK THAT
02:21:51.569 --> 02:21:53.137
NEEDS TO BE ADDRESSED THANK YOU
02:21:53.204 --> 02:21:56.107
VERY MUCH.
02:21:56.174 --> 02:21:56.708
THANK YOU SO MUCH PRESS AGAIN
02:21:56.774 --> 02:21:58.109
EYES TO WHAT WE HAD TODAY IT AND
02:21:58.176 --> 02:21:59.777
WANNA MAKE SURE THAT WE ARE ON
02:21:59.844 --> 02:22:01.746
THE SAME PAGE TODAY'S GOAL. NOW
02:22:01.813 --> 02:22:03.281
IS TO BE ABLE TO SHAPE THE ISSUE
02:22:03.348 --> 02:22:05.416
UP PROVIDE BOTH OPPORTUNITIES
02:22:05.483 --> 02:22:06.284
AND CHALLENGES.
02:22:06.351 --> 02:22:07.485
BUT WE ARE GOING TO HAVE OUR
02:22:07.552 --> 02:22:09.287
NEXT HEARING COMING UP ON JUNE
02:22:09.354 --> 02:22:10.321
THIRTEENTH FOR WE'RE GONNA DO A
02:22:10.388 --> 02:22:12.624
DEEPER DIVE OUT RELATED TO THIS
02:22:12.690 --> 02:22:13.524
ISSUE.
02:22:13.591 --> 02:22:15.293
AND WE WILL HAVE PANELS BOTH
02:22:15.360 --> 02:22:18.363
PRO AND CON HEIGHT TALKING ABOUT.
02:22:18.429 --> 02:22:20.365
THE SERVICE TAX
02:22:20.431 --> 02:22:21.532
WE'RE ALSO GONNA WANT TO BE ABLE
02:22:21.599 --> 02:22:23.368
TO HEAR FROM THE DEPARTMENT OF
02:22:23.434 --> 02:22:25.003
TAX AND FEE MINISTRATION. OUT
02:22:25.069 --> 02:22:26.571
BECAUSE WE WANT TO BE ABLE TO
02:22:26.638 --> 02:22:27.372
HEAR ABOUT THE POTENTIAL
02:22:27.438 --> 02:22:28.740
IMPLEMENTATION.
02:22:28.806 --> 02:22:30.241
ONE OF THOSE OPPORTUNITIES
02:22:30.308 --> 02:22:31.342
CANADA THE THERE WILL BE SOME
02:22:31.409 --> 02:22:33.311
CHALLENGES A ABOUT POTENTIAL
02:22:33.378 --> 02:22:35.580
IMPLEMENTATION OF THE TAX.
02:22:35.647 --> 02:22:37.482
SO WHAT WE WILL BE DOING A
02:22:37.548 --> 02:22:40.184
DEEPER DIVE A LENGTHY DISCUSSION
02:22:40.251 --> 02:22:42.420
ON JUNE THIRTEENTH ON THIS ISSUE
02:22:42.487 --> 02:22:43.721
AS WELL.
02:22:43.788 --> 02:22:46.090
IN SHAPING THOSE PANELS.
02:22:46.157 --> 02:22:47.058
THAT SAID WE'D LIKE TO BE ABLE
02:22:47.125 --> 02:22:47.759
TO OFFER INDIVIDUALS WHO WOULD
02:22:47.825 --> 02:22:49.160
LIKE TO BETTER SPEAK IN
02:22:49.227 --> 02:22:50.895
OPPOSITION WE WELCOME YOU SIR.
02:22:50.962 --> 02:22:53.131
UP PLEASE.
02:22:53.197 --> 02:22:55.800
THROBBING ANY.
02:22:55.867 --> 02:22:56.701
GOOD AFTERNOON MISTER CHAIRMAN
02:22:56.768 --> 02:22:57.502
AND MEMBERS OF THE COMMITTEE.
02:22:57.568 --> 02:22:58.603
THANK YOU FOR THE OPPORTUNITY
02:22:58.670 --> 02:22:58.836
SPEAK.
02:22:58.903 --> 02:23:01.439
ON BEHALF OF THE FAMILY
02:23:01.506 --> 02:23:02.607
BUSINESS ASSOCIATION OF
02:23:02.674 --> 02:23:04.242
CALIFORNIA OPENINGS GRANT DEARIE
02:23:04.309 --> 02:23:06.110
I AND THE THIRD GENERATION OWNER
02:23:06.177 --> 02:23:07.845
FAMILY OWNED NOR CAL BEVERAGE
02:23:07.912 --> 02:23:09.314
COMPANY WAS SACRAMENTO AND
02:23:09.380 --> 02:23:10.381
ANAHEIM WE OPERATE TO.
02:23:10.448 --> 02:23:12.383
PLANTS ONE IN THE CITY IN ONE
02:23:12.450 --> 02:23:14.786
AND ANAHEIM WE CONTRACT I COULD
02:23:14.852 --> 02:23:17.555
MANY NATIONALLY KNOWN BRANDS.
02:23:17.622 --> 02:23:18.890
YOU GUYS ARE VERY FAMILIAR WITH
02:23:18.957 --> 02:23:20.024
IN THE MARKETPLACE THAT WE ARE
02:23:20.091 --> 02:23:21.492
VERY.
02:23:21.559 --> 02:23:23.828
MANUFACTURE ORINDA COMPANY WE WE
02:23:23.895 --> 02:23:25.430
PRODUCE A PRODUCT FOR THE
02:23:25.496 --> 02:23:26.731
ULTIMATE CONSUMER BUT WE ALSO
02:23:26.798 --> 02:23:28.900
PROVIDE THE SERVICE A CONTRACT
02:23:28.967 --> 02:23:30.735
PACKING. ABOVE OUR PRIMARY.
02:23:30.802 --> 02:23:34.973
ROLES IS A COMPANY AND SO.
02:23:35.039 --> 02:23:36.341
WE STRUGGLE WITH THE WHOLE
02:23:36.407 --> 02:23:37.809
NOTION THAT HOW DO WE A PORTION
02:23:37.875 --> 02:23:40.411
OF APPROPRIATE TAX ON THE GOODS
02:23:40.478 --> 02:23:41.846
OF THE PRODUCT GOING THROUGH THE
02:23:41.913 --> 02:23:43.514
SYSTEM THE RAW MATERIALS.
02:23:43.581 --> 02:23:44.315
ALL THE INGREDIENTS ALL THE
02:23:44.382 --> 02:23:45.883
LABOR.
02:23:45.950 --> 02:23:47.885
AND THEN ARE ALL THE PACKING
02:23:47.952 --> 02:23:49.520
THAT GOES ALONG WITH THAT
02:23:49.587 --> 02:23:51.055
PRODUCT AND THAT IS PACKAGE THAN
02:23:51.122 --> 02:23:53.458
WE DO SHIP AND INTERNALLY.
02:23:53.524 --> 02:23:54.726
THROUGH OUR LOGISTICS SYSTEM AS
02:23:54.792 --> 02:23:57.362
A COMPANY THAT HAS A SERVICE HOW
02:23:57.428 --> 02:23:58.930
DO WE APPORTION A
02:23:58.997 --> 02:24:00.465
FOR THAT PURPOSE IN THAT ROLE AS
02:24:00.531 --> 02:24:02.066
OUR COMPANIES WELL. SECONDLY IS
02:24:02.133 --> 02:24:03.301
FAMILY OWNED BUSINESSES OWNED
02:24:03.368 --> 02:24:05.970
MANY COMPANIES DO NOT HAVE THE.
02:24:06.037 --> 02:24:08.339
IT ADMIN OVERHEAD ADMINISTERED
02:24:08.406 --> 02:24:09.907
OVER A PICTURE OF PROFESSIONAL
02:24:09.974 --> 02:24:11.776
FEES WHICH AGAIN WOULD BE
02:24:11.843 --> 02:24:13.544
SUBJECT TO THE TAX. I WOULD
02:24:13.611 --> 02:24:14.512
ARGUE THAT.
02:24:14.579 --> 02:24:16.881
THAT THIS IS A CONCERN THAT
02:24:16.948 --> 02:24:18.282
THIS IS ULTIMATELY GOING TO BE
02:24:18.349 --> 02:24:19.984
AYE ACOSTA BORN ON BY THE
02:24:20.051 --> 02:24:23.187
CONSUMERS. AND THE TAXPAYERS OF
02:24:23.254 --> 02:24:24.222
CALIFORNIA.
02:24:24.288 --> 02:24:25.490
I THINK THAT MAYBE ARE MORE.
02:24:25.556 --> 02:24:27.291
.
02:24:27.358 --> 02:24:29.594
BUT OUR APPROACHES TO FLATTENING
02:24:29.660 --> 02:24:31.763
OUR TAX AVOIDING THE TAX. BASE
02:24:31.829 --> 02:24:33.765
OF AND TAKING THE VOLATILITY OF
02:24:33.831 --> 02:24:35.199
THE TAX SYSTEM IN CALIFORNIA.
02:24:35.266 --> 02:24:37.869
AND I BELIEVE WE AS A AS A
02:24:37.935 --> 02:24:39.437
RESULT OF THAT BEING IN A VERY
02:24:39.504 --> 02:24:41.239
SERVICE ORIENTED MANUFACTURE
02:24:41.305 --> 02:24:42.874
SERVICE OR A COMPANY. THIS
02:24:42.940 --> 02:24:44.776
PRESENTS A LOT OF COMPLEXITY A
02:24:44.842 --> 02:24:46.210
LOT OF ADDITIONAL COST TO US.
02:24:46.277 --> 02:24:48.379
THAT WILL ULTIMATELY BE PASSED
02:24:48.446 --> 02:24:52.617
ON TO PICK TAXPAYERS THE STATE.
02:24:52.683 --> 02:24:53.985
SO I RESPECTFULLY ASK FOR A NO
02:24:54.052 --> 02:24:54.852
VOTE.
02:24:54.919 --> 02:24:56.621
IN CENTER HERTZBERG WITH ALL
02:24:56.687 --> 02:24:57.889
DUE RESPECT I WOULD PROPOSE
02:24:57.955 --> 02:24:59.057
MAYBE WE CONSIDER LOOKING AT
02:24:59.123 --> 02:25:01.192
WAYS TO CUT TAXES IN THE STATE.
02:25:01.259 --> 02:25:03.761
RATHER THAN SHIFT TAXES AROUND
02:25:03.828 --> 02:25:05.363
SHIFT THE BURDEN AND CONTINUE.
02:25:05.430 --> 02:25:06.130
TO.
02:25:06.197 --> 02:25:09.367
ENCUMBER BUSINESS OWNERS
02:25:09.434 --> 02:25:10.401
AND THAT WAS IT DRIVE THIS
02:25:10.468 --> 02:25:12.870
ECONOMY THE JOBS JOB CREATION.
02:25:12.937 --> 02:25:15.073
AND AND ECONOMIC GROWTH.
02:25:15.139 --> 02:25:17.308
IN THE FUTURE WE SHOULD BE
02:25:17.375 --> 02:25:17.909
LOOKING AT WAYS TO ACTUALLY
02:25:17.975 --> 02:25:20.178
REDUCE TAX THE TAX PERSON AND
02:25:20.244 --> 02:25:21.045
CALIFORNIA THANK YOU VERY MUCH
02:25:21.112 --> 02:25:22.713
YOU TAKING TIME TO BE HERE TODAY
02:25:22.780 --> 02:25:23.281
SIR THANK YOU SO MUCH FOR
02:25:23.347 --> 02:25:25.450
TESTIMONY. WELCOME SIR THAT A
02:25:25.516 --> 02:25:25.950
CELL BE ONLY BE HEALTHY
02:25:26.017 --> 02:25:26.684
CALIFORNIA GREENFIELD
02:25:26.751 --> 02:25:28.586
ASSOCIATION CALIFORNIA C.
02:25:28.653 --> 02:25:30.021
DISSOCIATION.
02:25:30.088 --> 02:25:31.222
AB AND SEVERAL AG INTERESTS THE
02:25:31.289 --> 02:25:32.256
ONLY INTERESTING ISSUE THAT
02:25:32.323 --> 02:25:33.257
WOULD LIKE TO BRING FORWARD IS.
02:25:33.324 --> 02:25:35.460
THAT TYPICALLY. BOUGHT GOODS
02:25:35.526 --> 02:25:37.195
THAT ARE USED FOR THE PRODUCTION
02:25:37.261 --> 02:25:38.362
OF FOOD.
02:25:38.429 --> 02:25:40.098
ARE TYPICALLY NOT TAXED
02:25:40.164 --> 02:25:42.633
AND THEN NOW ALL SERVICES GOING
02:25:42.700 --> 02:25:43.034
INTO THAT SO WHICH
02:25:43.101 --> 02:25:45.036
TRANSPORTATION.
02:25:45.103 --> 02:25:47.171
THE THE THE. ENTITY THAT THE
02:25:47.238 --> 02:25:49.107
CUSTOM FARMS ALL THOSE GUNS
02:25:49.173 --> 02:25:50.441
WOULD AFFECT THE FOODS WITHOUT A
02:25:50.508 --> 02:25:51.542
LONG STANDING POLICY THAT
02:25:51.609 --> 02:25:53.711
PREVENTS THAT. TO NOT ALLOW FOR
02:25:53.778 --> 02:25:55.546
THE SALES TAX ON FOOD AND NOW
02:25:55.613 --> 02:25:56.914
THE SERVICES THAT GO INTO THE
02:25:56.981 --> 02:25:59.917
PRODUCTION FOR IT WOULD BE TAXED.
02:25:59.984 --> 02:26:02.286
YOU CAN SHOW ME HONEY.
02:26:02.353 --> 02:26:03.221
ERIN. ERAGON BEHALF OF THE
02:26:03.287 --> 02:26:04.922
CALIFORNIA DEFENSE COUNSEL THE
02:26:04.989 --> 02:26:07.091
CALIFORNIA ESCROW ASSOCIATION
02:26:07.158 --> 02:26:08.292
THE CALIFORNIA MORTGAGE
02:26:08.359 --> 02:26:10.261
ASSOCIATION AND THE NOTE THAT
02:26:10.328 --> 02:26:11.829
NATIONAL NOTARY ASSOCIATION
02:26:11.896 --> 02:26:14.132
OPPOSITION.
02:26:14.198 --> 02:26:15.099
MICKEY SO MUCH THANK YOU FOR
02:26:15.166 --> 02:26:15.700
BEING HERE GOOD MORNING SIR.
02:26:15.766 --> 02:26:16.267
THANK YOU MISTER CHAIRMAN
02:26:16.334 --> 02:26:17.268
MEMBERS OF THE COMMITTEE MARC
02:26:17.335 --> 02:26:18.536
CHRISTIAN WITH THE AMERICAN
02:26:18.603 --> 02:26:19.637
INSTITUTE OF ARCHITECTS
02:26:19.704 --> 02:26:21.839
CALIFORNIA COUNCIL IN OPPOSITION
02:26:21.906 --> 02:26:23.474
ARE FOR MANY OF THE RECENT STATE
02:26:23.541 --> 02:26:25.476
IF I MAY REAL QUICKLY. ON A ONE
02:26:25.543 --> 02:26:26.744
OF THE WEEKLY DISCONNECT CHRIS
02:26:26.811 --> 02:26:28.546
IT WILL INCREASE THE COST OF
02:26:28.613 --> 02:26:29.780
DESIGN A PROJECTS INCLUDING
02:26:29.847 --> 02:26:31.616
RESIDENTIAL PROJECTS THE BILL
02:26:31.682 --> 02:26:33.618
DOES. EXEMPT RESIDENTIAL
02:26:33.684 --> 02:26:35.987
CONSTRUCTION BUT NOT RESIDENTIAL
02:26:36.053 --> 02:26:39.123
DESIGN. UPON AND WE BELIEVE THAT
02:26:39.190 --> 02:26:40.024
THAT IS GOING TO BE.
02:26:40.091 --> 02:26:41.893
MORE THAN THREE PERCENT WHEN
02:26:41.959 --> 02:26:43.461
YOU HIRE AN ARCHITECT YOU GIVE
02:26:43.528 --> 02:26:45.463
THEM THE FEES TAXES WILL BE PAID
02:26:45.530 --> 02:26:47.098
ON THAT FEE THE ARCHITECT WILL
02:26:47.165 --> 02:26:49.400
USE SOME OF THOSE FEES. TO HIRE
02:26:49.467 --> 02:26:51.035
VARIOUS CONSULTANTS ENGINEER
02:26:51.102 --> 02:26:52.703
STRUCTURAL MECHANICAL ELECTRICAL
02:26:52.770 --> 02:26:55.072
ENERGY CONSULTANTS AND ALL THOSE
02:26:55.139 --> 02:26:56.207
SUBSEQUENT BUSINESS TO BUSINESS
02:26:56.274 --> 02:26:58.176
TRANSACTIONS WE BELIEVE WILL BE
02:26:58.242 --> 02:26:59.377
SUBJECT TO AN ADDITIONAL THREE
02:26:59.443 --> 02:27:01.279
PERCENT TAX THANK YOU. THANK YOU
02:27:01.345 --> 02:27:02.280
SO MUCH SIR THANK YOU FOR YOUR
02:27:02.346 --> 02:27:03.681
WORDS GOOD TO SEE CANCER THAT
02:27:03.748 --> 02:27:05.116
YOU MISTER CHAIR. CHANDA'S THE
02:27:05.183 --> 02:27:05.950
NATIONAL FEDERATION OF
02:27:06.017 --> 02:27:07.285
INDEPENDENT BUSINESS NFIB
02:27:07.351 --> 02:27:08.352
REPRESENTING OVER TWENTY
02:27:08.419 --> 02:27:09.754
THOUSAND SMALL BUSINESS OWNERS
02:27:09.820 --> 02:27:11.756
IN CALIFORNIA NINETY SEVEN POINT
02:27:11.822 --> 02:27:13.224
TWO FIVE OF WHICH RECENTLY IN A
02:27:13.291 --> 02:27:15.126
SURVEY SAID. THEY BE OPPOSED TO
02:27:15.193 --> 02:27:16.460
SALES TAX AND SERVICE BECAUSE IT
02:27:16.527 --> 02:27:18.663
WOULD BE A CRUSHING TAX INCREASE
02:27:18.729 --> 02:27:21.799
ON SMALL BUSINESSES SO REMAIN
02:27:21.866 --> 02:27:22.934
OPPOSED THANK YOU.
02:27:23.000 --> 02:27:24.268
THANK YOU SO MUCH SIR WELCOME
02:27:24.335 --> 02:27:25.970
BACK AND GOOD AFTERNOON. GOOD
02:27:26.037 --> 02:27:27.438
CHAIR AND TO SEND HERTZBERG
02:27:27.505 --> 02:27:28.806
HYDRO COOK FOR THE CALIFORNIA
02:27:28.873 --> 02:27:29.874
MANUFACTURERS AND TECHNOLOGY
02:27:29.941 --> 02:27:31.776
ASSOCIATION WE HAVE TO
02:27:31.842 --> 02:27:33.911
RESPECTFULLY POSED THIS BILL.
02:27:33.978 --> 02:27:34.745
THIS MEASURE.
02:27:34.812 --> 02:27:35.980
WHOSE WONDER HOW IT COULD BE
02:27:36.047 --> 02:27:37.215
TAX PEER MEETING ISSUE HITS THE
02:27:37.281 --> 02:27:38.249
MANUFACTURING INDUSTRY
02:27:38.316 --> 02:27:40.785
PARTICULARLY HARD UP BECAUSE AS
02:27:40.851 --> 02:27:43.287
YOU MAY KNOW ONE END USER DEVICE
02:27:43.354 --> 02:27:44.388
SUCH AS A AS YOUR CELLPHONE.
02:27:44.455 --> 02:27:45.089
ISN'T.
02:27:45.156 --> 02:27:47.291
PRODUCED BY ONE COMPANY BUT HAS
02:27:47.358 --> 02:27:48.960
UP TO THREE HUNDRED COMPONENTS
02:27:49.026 --> 02:27:50.127
EACH OF WHICH IS MANUFACTURED BY
02:27:50.194 --> 02:27:52.029
THE PHONE COMPANY I'VE WHICH
02:27:52.096 --> 02:27:52.863
ALSO HAS TO ACCOUNT FOR THE
02:27:52.930 --> 02:27:54.131
SERVICES SO SOMEONE IS GOING TO
02:27:54.198 --> 02:27:55.800
BE LEFT HOLDING THE BAG HERE. IF
02:27:55.866 --> 02:27:57.969
NOT MIDSIZED MANUFACTURERS IN
02:27:58.035 --> 02:27:58.302
THE END USER.
02:27:58.369 --> 02:28:00.972
THANK YOU SIR.
02:28:01.038 --> 02:28:01.939
GOOD AFTERNOON SIR REVENUE NOW
02:28:02.006 --> 02:28:04.308
CHAIR MEMBERS AND SAY HERTZBERG.
02:28:04.375 --> 02:28:06.344
REX W. HYMAN HAVE A CALIFORNIA
02:28:06.410 --> 02:28:06.978
BUSINESS PROPERTIES AT STATION
02:28:07.044 --> 02:28:09.680
ALSO RESPECT IN OPPOSITION BIG
02:28:09.747 --> 02:28:12.083
TRYING.
02:28:12.149 --> 02:28:12.683
YOU HAVE TO IMAGINE AN ARAB
02:28:12.750 --> 02:28:13.251
THOUGH IT ON BEHALF OF THE
02:28:13.317 --> 02:28:13.851
INDEPENDENT INSURANCE AGENTS
02:28:13.918 --> 02:28:15.219
BROKERS OF CALIFORNIA AS WELL AS
02:28:15.286 --> 02:28:16.320
THE CALIFORNIA PULLED SPOT SO
02:28:16.387 --> 02:28:19.090
SHE ASIAN. PURPOSELY OPPOSITION
02:28:19.156 --> 02:28:20.725
PICKY SO MUCH.
02:28:20.791 --> 02:28:21.692
GOOD AFTERNOON SIR ADJOURN
02:28:21.759 --> 02:28:22.660
SENATOR JERRY DOES BEEN ON
02:28:22.727 --> 02:28:24.862
BEHALF OF SEVERAL SMALL BUSINESS
02:28:24.929 --> 02:28:26.731
SERVICE PROVIDING ASSOCIATIONS
02:28:26.797 --> 02:28:28.299
FOR THE REASONS ALREADY STATED
02:28:28.366 --> 02:28:28.833
BY THE UP KEY OPPOSITION
02:28:28.899 --> 02:28:30.835
WITNESSES. CALIFORNIA
02:28:30.901 --> 02:28:31.302
ASSOCIATION A LICENSE
02:28:31.369 --> 02:28:33.271
INVESTIGATORS CALIFORNIA
02:28:33.337 --> 02:28:34.805
COALITION A TRAVEL ORGANIZATIONS
02:28:34.872 --> 02:28:35.906
CALIFORNIA REAL ESTATE
02:28:35.973 --> 02:28:38.042
INSPECTION ASSOCIATION CEMETERY
02:28:38.109 --> 02:28:40.311
IN MORTUARY SATIATION CALIFORNIA
02:28:40.378 --> 02:28:41.379
PROFESSIONAL FIDUCIARY
02:28:41.445 --> 02:28:43.014
ASSOCIATION IN CALIFORNIA AND
02:28:43.080 --> 02:28:45.082
THE METAL FINISHING ASSOCIATIONS
02:28:45.149 --> 02:28:45.583
OF SOUTHERN AND NORTHERN
02:28:45.650 --> 02:28:46.851
CALIFORNIA.
02:28:46.917 --> 02:28:48.152
PROVIDE SERVICES AND ALSO
02:28:48.219 --> 02:28:49.920
PURCHASE SERVICES AS WELL AS THE
02:28:49.987 --> 02:28:51.255
GOOD SENATOR SUBJECT THE BILL.
02:28:51.322 --> 02:28:53.024
THANK YOU SO MUCH SIR ANY DO
02:28:53.090 --> 02:28:54.425
THAT WITHOUT NOTES A LIST OF
02:28:54.492 --> 02:28:55.526
REASONS TO THINK YOU VERY MUCH
02:28:55.593 --> 02:28:56.627
YESTER CHAIR MEMBERS OF THE
02:28:56.694 --> 02:28:57.828
COMMITTEE JIMMY WERE WITH A
02:28:57.895 --> 02:28:58.929
CALIFORNIA NEWS PUBLISHERS
02:28:58.996 --> 02:29:00.498
ASSOCIATION. WHO WANT TO THANK
02:29:00.564 --> 02:29:03.000
THE US SENATOR FOR ATTEMPTING TO
02:29:03.067 --> 02:29:03.834
EXEMPT
02:29:03.901 --> 02:29:05.469
ADVERTISING UP FROM THE SERVICE
02:29:05.536 --> 02:29:07.538
TAX? UNFORTUNATELY THE CONDITION
02:29:07.605 --> 02:29:09.807
UPON WHICH IT WOULD BE EXEMPT.
02:29:09.874 --> 02:29:11.309
FALLS INTO HE BUSINESS MODEL
02:29:11.375 --> 02:29:13.044
THE MOST NEWSPAPERS USED TO
02:29:13.110 --> 02:29:16.147
BLOCK IT ADVERTISING AND SO.
02:29:16.213 --> 02:29:17.915
IT WOULD POSE A SIGNIFICANT
02:29:17.982 --> 02:29:20.351
THREAT TO OUR ABILITY TO
02:29:20.418 --> 02:29:22.720
CONTINUE TO EXIST ON. RAZOR THIN
02:29:22.787 --> 02:29:24.155
MARGINS IT IS RIGHT NOW WE'RE
02:29:24.221 --> 02:29:25.890
COMPETING WITH THE DUOPOLY HOPE
02:29:25.956 --> 02:29:27.825
GOOGLE AND FACEBOOK FOR CONTENT
02:29:27.892 --> 02:29:29.760
THAT THEY REFUSE TO PAY FOR EVEN
02:29:29.827 --> 02:29:31.429
THOUGH WE HAVE TO OR NEWSPAPERS
02:29:31.495 --> 02:29:32.563
HAVE TO.
02:29:32.630 --> 02:29:34.131
BUT THE PEER MEETING THE FACT
02:29:34.198 --> 02:29:36.767
CAN'T BE UNDERSTATED AYE AS IT
02:29:36.834 --> 02:29:37.735
APPLIES TO NEWSPAPERS.
02:29:37.802 --> 02:29:39.236
WE'RE IN THE BUSINESS OF
02:29:39.303 --> 02:29:40.438
GATHERING INFORMATION THAT WE
02:29:40.504 --> 02:29:42.573
PAY FOR CONTENT WE PAY FOR.
02:29:42.640 --> 02:29:45.710
CREATIVE WORKS BY OTHER FOLKS.
02:29:45.776 --> 02:29:47.678
AND SO.
02:29:47.745 --> 02:29:49.447
IT WOULD IT WOULD BE AN
02:29:49.513 --> 02:29:50.681
EXISTENTIALIST THREATEN
02:29:50.748 --> 02:29:52.950
NEWSPAPERS AND SO RESPECTFULLY
02:29:53.017 --> 02:29:54.819
URGE A NO VOTE AS THE BILL'S
02:29:54.885 --> 02:29:56.253
CONF CONSTRUCTED TODAY. THANK
02:29:56.320 --> 02:29:58.389
YOU THANK YOU.
02:29:58.456 --> 02:29:59.724
GOTTEN THERE ARE YOU GILL BARIUM
02:29:59.790 --> 02:30:00.591
AB THE CALIFORNIA BROADCASTERS
02:30:00.658 --> 02:30:02.059
ASSOCIATION WE REPRESENT THE
02:30:02.126 --> 02:30:03.461
LOCAL RADIO TV STATIONS SERVING
02:30:03.527 --> 02:30:05.196
YOUR DISTRICTS AND WE'RE OPPOSED
02:30:05.262 --> 02:30:06.797
TO THE BILL TO THE ADVERTISING
02:30:06.864 --> 02:30:09.367
IMPACTS THANK YOU SO MUCH.
02:30:09.433 --> 02:30:09.967
GOOD AFTERNOON GREAT GOT DONE
02:30:10.034 --> 02:30:11.369
SINCE COME BEHALF OF THE
02:30:11.435 --> 02:30:12.503
STRUCTURAL ENGINEERS ASSOCIATION
02:30:12.570 --> 02:30:13.838
OF CALIFORNIA.
02:30:13.904 --> 02:30:15.106
MOST OF OUR SERVICES ARE
02:30:15.172 --> 02:30:17.842
PROVIDED SUBCONTRACTED A.
02:30:17.908 --> 02:30:20.144
SERVICE OUT IN OPPOSITION BANKS
02:30:20.211 --> 02:30:21.345
EXXON.
02:30:21.412 --> 02:30:22.246
GOOD AFTERNOON MY DEALER
02:30:22.313 --> 02:30:23.514
REPRESENT THE CALIFORNIA
02:30:23.581 --> 02:30:25.216
VETERINARY MEDICAL ASSOCIATION
02:30:25.282 --> 02:30:27.284
KP PUBLIC AFFAIRS A BILL EXEMPTS
02:30:27.351 --> 02:30:29.320
PET CARE SERVICES BUT IT DOES
02:30:29.387 --> 02:30:30.287
NOT EXEMPT.
02:30:30.354 --> 02:30:32.490
ACTUAL VETERINARY SERVICES LIKE
02:30:32.556 --> 02:30:34.358
SURGERY AND NINETY PERCENT OF
02:30:34.425 --> 02:30:35.793
THE AND MORNING PUBLIC THIS DO
02:30:35.860 --> 02:30:38.396
NOT HAVE. A PET HEALTH INSURANCE
02:30:38.462 --> 02:30:40.030
IT CLEARLY WOULD HAVE AN IMPACT
02:30:40.097 --> 02:30:42.666
THANK YOU PICKING MIKE.
02:30:42.733 --> 02:30:44.502
GOOD MORNING MA'AM RACKS CANOE.
02:30:44.568 --> 02:30:45.569
JUNE JENNIFER TANNA HELL WITH
02:30:45.636 --> 02:30:46.637
AARON REGION ASSOCIATES ON
02:30:46.704 --> 02:30:48.072
BEHALF OF THE TAXI CAB PARA
02:30:48.139 --> 02:30:49.240
TRANSIT ASSOCIATION OF
02:30:49.306 --> 02:30:51.442
CALIFORNIA THE SAN DIEGO COUNTY
02:30:51.509 --> 02:30:53.144
APARTMENT ASSOCIATION AND THE
02:30:53.210 --> 02:30:56.380
CALIFORNIA CLUBS ASSOCIATION.
02:30:56.447 --> 02:30:58.149
ALONG WITH AND.
02:30:58.215 --> 02:30:58.682
ANDREA AND ALONG WITH THE
02:30:58.749 --> 02:31:00.851
CALIFORNIA SOCIETY OF ENROLLED
02:31:00.918 --> 02:31:03.587
AGENTS WE HAVE GRAVE CONCERNS ON.
02:31:03.654 --> 02:31:05.256
THE ABILITY IF FOR FOLKS TO
02:31:05.322 --> 02:31:07.124
COMPLY AND ALSO THE COST OF
02:31:07.191 --> 02:31:10.594
COMPLIANCE AND. ENTERPRISE. BIG
02:31:10.661 --> 02:31:11.495
YOU VERY MUCH FOR COMING TO
02:31:11.562 --> 02:31:12.496
GETTING THEM GOOD AFTERNOON
02:31:12.563 --> 02:31:13.831
JOANNE BETTENCOURT REPRESENTING
02:31:13.898 --> 02:31:15.433
THE SECURITIES INDUSTRY AND
02:31:15.499 --> 02:31:17.268
FINANCIAL MARKETS ASSOCIATION IN
02:31:17.334 --> 02:31:19.804
OPPOSITION. MCCUE GRAPHING IN
02:31:19.870 --> 02:31:21.439
SIR.
02:31:21.505 --> 02:31:22.473
GOOD AFTERNOON MS CHAIRMAN.
02:31:22.540 --> 02:31:23.808
MANY VS REPRESENTING THE
02:31:23.874 --> 02:31:25.276
CALIFORNIA WHERE ASSOCIATION
02:31:25.342 --> 02:31:26.243
WHICH INCLUDES BEING SEPARATE
02:31:26.310 --> 02:31:28.512
AWAY YING YING PACIFIC RAILROAD.
02:31:28.579 --> 02:31:30.915
IN THE SHORT LINES IN OPPOSITION
02:31:30.981 --> 02:31:31.482
THANK YOU SO MUCH FOR BEING
02:31:31.549 --> 02:31:32.817
YEARS COULD SING.
02:31:32.883 --> 02:31:33.884
BUT AFTER THE GRIFFIN IS CHAIR
02:31:33.951 --> 02:31:34.718
MEMBERS BERNIE A ROSTER OF THE
02:31:34.785 --> 02:31:35.586
CALIFORNIA CABLE AND
02:31:35.653 --> 02:31:37.888
TELECOMMUNICATIONS ASSOCIATION A
02:31:37.955 --> 02:31:38.456
WE ARE PERHAPS THINK IF YOU
02:31:38.522 --> 02:31:39.256
BRING.
02:31:39.323 --> 02:31:40.724
GOOD AFTERNOON.
02:31:40.791 --> 02:31:41.826
DECENT ELAINE WITH THE
02:31:41.892 --> 02:31:43.394
CALIFORNIA BANKERS ASSOCIATION
02:31:43.461 --> 02:31:45.029
IN OPPOSITION JASON.
02:31:45.095 --> 02:31:46.964
GOOD AFTERNOON.
02:31:47.031 --> 02:31:48.098
THE DUSKY HIM ON BEHALF OF THE
02:31:48.165 --> 02:31:50.401
WINE INSTITUTE. OF THIS BILL IN
02:31:50.468 --> 02:31:51.769
THE CONCEPT OF IT WOULD IMPOSE A
02:31:51.836 --> 02:31:53.237
NEW MARRIED OF TAXES ON SMALL
02:31:53.304 --> 02:31:54.905
WINERIES IN PARTICULAR WHICH
02:31:54.972 --> 02:31:56.407
OUTSOURCE SO MANY OF THE
02:31:56.474 --> 02:31:57.241
SERVICES INCLUDING BOTTLING
02:31:57.308 --> 02:31:59.043
TRANSPORTATION. FULFILLMENT IN
02:31:59.109 --> 02:32:00.611
FOREIGN LABOR CONTRACTING WE
02:32:00.678 --> 02:32:01.846
BELIEVE THAT THIS WOULD PUT US
02:32:01.912 --> 02:32:02.913
AT A PRETTY BIG COMPETITIVE
02:32:02.980 --> 02:32:04.615
DISADVANTAGE WITH EMERGING WINE
02:32:04.682 --> 02:32:07.017
REGIONS AROUND THE WORLD AND FOR
02:32:07.084 --> 02:32:08.886
THAT REASON WERE OPPOSED. IF YOU.
02:32:08.953 --> 02:32:10.254
THE AFTERNOON CORNELIUS BURKE
02:32:10.321 --> 02:32:12.056
WITH THE BEAR COUNCIL WHERE
02:32:12.122 --> 02:32:13.324
POLLS THANK YOU SIR.
02:32:13.390 --> 02:32:14.225
GOOD AFTERNOON MEMBERS ROBERT
02:32:14.291 --> 02:32:15.693
SPIEGEL CALIFORNIA FARM BUREAU
02:32:15.759 --> 02:32:18.195
FEDERATION ALSO IN OPPOSITION
02:32:18.262 --> 02:32:18.829
THINK YOU'RE BEING A RIVER. GOOD
02:32:18.896 --> 02:32:20.264
AFTERNOON.
02:32:20.331 --> 02:32:21.165
AND THIS TERRIBLE BILL ON BEHALF
02:32:21.232 --> 02:32:22.900
OF UPS SO SKIP TO THE LAST
02:32:22.967 --> 02:32:24.702
PARAGRAPH OF OUR LETTER. WHICH
02:32:24.768 --> 02:32:25.936
INDICATES THAT THIS WOULD NOT
02:32:26.003 --> 02:32:27.271
APPLY TO THE U. S. POSTAL
02:32:27.338 --> 02:32:29.306
SERVICE WHICH IS OUR MAJOR
02:32:29.373 --> 02:32:29.974
COMPETITOR AND SOME WERE OPPOSED.
02:32:30.040 --> 02:32:31.675
THANK YOU.
02:32:31.742 --> 02:32:32.810
CHAIRMAN MEMBERS ALL ROCKERY
02:32:32.877 --> 02:32:33.611
CALIFORNIA LIFE SCIENCES
02:32:33.677 --> 02:32:35.412
ASSOCIATION WE ALSO REPRESENT
02:32:35.479 --> 02:32:36.580
MANY OF THE SERVICE PROVIDERS
02:32:36.647 --> 02:32:38.048
THAT HELP SUPPORT BY THE LIFE
02:32:38.115 --> 02:32:39.450
SCIENCES INDUSTRY THE CITY
02:32:39.517 --> 02:32:41.118
CALIFORNIA THEREFORE WE HAVE TO
02:32:41.185 --> 02:32:41.652
OPPOSE THE BILL. THANK YOU
02:32:41.719 --> 02:32:42.753
GOVERNOR.
02:32:42.820 --> 02:32:43.921
BUT A CLEAR TO SEE IF WE HAVE
02:32:43.988 --> 02:32:45.556
ANYONE ELSE WHO MAY BE OPPOSED
02:32:45.623 --> 02:32:47.291
OR HAVE CONCERNS BUT NOT
02:32:47.358 --> 02:32:49.793
FORMALLY OPPOSED.
02:32:49.860 --> 02:32:51.662
PLEASE MR WOLF. MR CHAIRMAN
02:32:51.729 --> 02:32:53.030
MEMBERS ARE GOOD AFTERNOON DAVID
02:32:53.097 --> 02:32:54.164
WOLFE THE HOWARD JARVIS
02:32:54.231 --> 02:32:56.133
TAXPAYERS ASSOCIATION AND WE ARE
02:32:56.200 --> 02:32:57.167
OPPOSED BECAUSE WE HAVE YET TO
02:32:57.234 --> 02:32:59.270
SEE A DYNAMIC REVENUE ANALYSIS
02:32:59.336 --> 02:33:00.538
THAT QUARTERLY AND UNEQUIVOCALLY
02:33:00.604 --> 02:33:03.240
SHOWS THAT THIS BILL IS IMPACT
02:33:03.307 --> 02:33:04.608
REVENUE NEUTRAL. IT SHOULD BE
02:33:04.675 --> 02:33:05.776
NOTED THAT WE'VE SPOKEN WITH THE
02:33:05.843 --> 02:33:07.378
AUTHOR AT LEAST A HALF DOZEN
02:33:07.444 --> 02:33:08.946
TIMES OVER THELAST FOUR YEARS
02:33:09.013 --> 02:33:10.214
ON THIS BILL AND WE'RE CERTAINLY
02:33:10.281 --> 02:33:11.849
OPEN TO THOSE CONVERSATIONS
02:33:11.916 --> 02:33:14.552
CONTINUING. ASK FOR NO VOTE FOR
02:33:14.618 --> 02:33:16.153
NOW THAT. HE GETS SO MUCH.
02:33:16.220 --> 02:33:17.454
LAST CALL FOR THOSE WHO ARE
02:33:17.521 --> 02:33:19.423
OPPOSED OR WHO MAY BE SQUISHY
02:33:19.490 --> 02:33:21.358
ARE ON THE BILL.
02:33:21.425 --> 02:33:23.193
IT'S.
02:33:23.260 --> 02:33:24.328
RIGHT WE'RE GONNA BRING IT BACK
02:33:24.395 --> 02:33:25.930
ONE MORE TIME ON PROCESS WE WILL
02:33:25.996 --> 02:33:28.532
NOT BE TAKING A VOTE HERE TODAY.
02:33:28.599 --> 02:33:30.668
AT TODAY'S GOAL IS AGAIN TO HAVE
02:33:30.734 --> 02:33:32.670
AN INITIAL DISCUSSION ON THIS
02:33:32.736 --> 02:33:34.171
IMPORTANT ISSUE. THE POTENTIAL
02:33:34.238 --> 02:33:36.607
OPPORTUNITIES AND CHALLENGES WE
02:33:36.674 --> 02:33:38.475
WILL BE HAVING OUR NEXT HEARING
02:33:38.542 --> 02:33:39.843
ON JUNE THIRTEENTH WE'RE GONNA
02:33:39.910 --> 02:33:41.645
BE DOING A DEEPER DIVE. WITH A
02:33:41.712 --> 02:33:43.781
PANEL OF EXPERTS ON A VARIETY OF
02:33:43.847 --> 02:33:46.150
ISSUES A INCLUDING UPBRINGING IN
02:33:46.216 --> 02:33:47.651
THE DEPARTMENT OF TAX AND THE
02:33:47.718 --> 02:33:49.286
ADMINISTRATION COULD BE CHARGED
02:33:49.353 --> 02:33:52.156
WITH THE ADMINISTRATION. OF THIS
02:33:52.222 --> 02:33:53.357
POTENTIAL NEW PROPOSAL.
02:33:53.424 --> 02:33:54.725
WOULD LIKE TO NOW TURN OVER TO
02:33:54.792 --> 02:33:56.460
THE COMMITTEE BUT TO BE ABLE TO
02:33:56.527 --> 02:33:57.661
SEE IF WE HAVE ANY QUESTIONS OR
02:33:57.728 --> 02:33:58.963
COMMENTS BUT BEFORE WE DO IT
02:33:59.029 --> 02:33:59.496
LIKE TO BE TO SEE SENATOR
02:33:59.563 --> 02:34:02.032
HERTZBERG. HAVE ANY ITEMS IN
02:34:02.099 --> 02:34:02.900
REGARD TO THOSE WHO MAY BE
02:34:02.967 --> 02:34:03.701
OPPOSE.
02:34:03.767 --> 02:34:05.302
WITHIN TWO MINUTES TO BE ABLE
02:34:05.369 --> 02:34:07.171
TO GIVE A QUICK SYNOPSIS OR
02:34:07.237 --> 02:34:08.906
REBUTTAL AND THEN IF IT WORKS
02:34:08.973 --> 02:34:10.007
FOR THE COMMITTEE WOULD LIKE ME
02:34:10.074 --> 02:34:12.009
TO TURN IT OVER TO BELIEVE WE
02:34:12.076 --> 02:34:12.610
HAVE CENTER MORE LOCLE KICK US
02:34:12.676 --> 02:34:14.211
OFF.
02:34:14.278 --> 02:34:15.379
SO I THINK HERTZBERG ANY IT BUT
02:34:15.446 --> 02:34:16.947
I'M ENCOURAGED BY THE OPPOSITION.
02:34:17.014 --> 02:34:18.682
BECAUSE THEY JUST THEY JUST IT
02:34:18.749 --> 02:34:20.417
IT JUST DID. A LOT OF WHAT
02:34:20.484 --> 02:34:21.952
PEOPLE THAT CAME IN A POSE LIKE
02:34:22.019 --> 02:34:23.654
THE FEW PEOPLE OF RD SPOKEN TO.
02:34:23.721 --> 02:34:24.989
AGO I DON'T KNOW THAT THAT MEAN
02:34:25.055 --> 02:34:26.657
YOU ANALYZE A NORTH AMERICAN
02:34:26.724 --> 02:34:28.425
INDUSTRY CLASSIFICATION SYSTEM
02:34:28.492 --> 02:34:29.693
UNFORTUNATELY THAT I WANT TO
02:34:29.760 --> 02:34:31.128
WRITE IN SIMPLER TERMS LEDGE
02:34:31.195 --> 02:34:33.430
COUNCIL REQUIRED THIS APPROACH.
02:34:33.497 --> 02:34:34.832
IT'S HARDER TO UNDERSTAND WHEN
02:34:34.898 --> 02:34:36.066
YOU DEAL INTO IT THE PAID THE
02:34:36.133 --> 02:34:37.868
BOOK IS NINE HUNDRED AND SIXTY
02:34:37.935 --> 02:34:39.970
THREE PAGES LONG. THAT THIS IS
02:34:40.037 --> 02:34:41.605
BUILT ON THE FEDERAL GOVERNMENT
02:34:41.672 --> 02:34:43.240
THERE'S A WHOLE HISTORY TO THIS
02:34:43.307 --> 02:34:45.709
NUMBER ONE TO. IT'S A KNEE JERK
02:34:45.776 --> 02:34:47.378
ó MY GOD IT'S A TAX IT'S LIKE
02:34:47.444 --> 02:34:48.145
YOU'RE LOOKING AT ONE SIDE THE
02:34:48.212 --> 02:34:49.313
LEDGER YOU NOT LOOK AT THE OTHER
02:34:49.380 --> 02:34:51.515
THE HOSPITALS WILL. LOOK A LOT
02:34:51.582 --> 02:34:53.017
OF THE STUFF IS IS THE GUY I
02:34:53.083 --> 02:34:54.318
WOULD GO THROUGH AS WE ANALYZE
02:34:54.385 --> 02:34:56.086
IT BUT LIKE THEY BY MILLIONS OF
02:34:56.153 --> 02:34:58.255
DOLLARS OF EQUIPMENT THAT THEY
02:34:58.322 --> 02:34:58.856
PAY TAX ON.
02:34:58.922 --> 02:34:59.790
IF THEY LOOK AT THEIR LEISURE
02:34:59.857 --> 02:35:00.491
AND YOU GET YOUR TRACK YOU
02:35:00.557 --> 02:35:02.026
TREASURE YOU SEE A FALL WAS EVER
02:35:02.092 --> 02:35:03.594
CONTROLLERS IN ON THOSE NUMBERS.
02:35:03.661 --> 02:35:04.461
YOU CAN LOOK AT HOW MUCH THEY'RE
02:35:04.528 --> 02:35:05.963
SPENDING VERSUS WHAT THE IMPACTS
02:35:06.030 --> 02:35:07.665
ARE. THAT JUSTICE REQUIRES
02:35:07.731 --> 02:35:09.800
ANALYSIS THAT WE INDUSTRIES WILL
02:35:09.867 --> 02:35:11.468
TAKE A DEEPER DIVE ON WE GOT A
02:35:11.535 --> 02:35:13.203
TO TO BE ABLE TO UP TO TAKE A
02:35:13.270 --> 02:35:14.405
LOOK AT THAT NUMBER ONE NUMBER
02:35:14.471 --> 02:35:16.240
TWO IS. THERE ARE FORTY NINE
02:35:16.306 --> 02:35:17.808
OTHER STATES THAT HAVE SALES TAX
02:35:17.875 --> 02:35:20.878
ON SERVICES OKAY WE ARE NUMBER.
02:35:20.944 --> 02:35:23.180
FOR A.
02:35:23.247 --> 02:35:24.648
THE GOOD STUFF THIRTY SOMETHING
02:35:24.715 --> 02:35:26.383
OF THE STATES THAT ARE OUT THERE
02:35:26.450 --> 02:35:28.085
WITH OTHER SERVICES A JUST BY
02:35:28.152 --> 02:35:29.086
ORDERS OF MAGNITUDE. LEADING.
02:35:29.153 --> 02:35:31.288
JUST.
02:35:31.355 --> 02:35:32.589
HUNDRED SIXTY NINE SERVICES IN
02:35:32.656 --> 02:35:34.124
HAWAII GO TO DELAWARE HUNDRED
02:35:34.191 --> 02:35:36.460
FORTY SIX IOWA HUNDRED FOR
02:35:36.527 --> 02:35:38.929
WISCONSIN EIGHTY TWO. IT'S CRAZY
02:35:38.996 --> 02:35:40.431
INTERIOR DESIGN PRIVATE CLUB
02:35:40.497 --> 02:35:41.899
MEMBERSHIP QUITE OPERATE VIDEO
02:35:41.965 --> 02:35:43.167
GAMES
02:35:43.233 --> 02:35:44.868
LOBBYING AND CONSULTING IN
02:35:44.935 --> 02:35:46.370
PENNSYLVANIA WE HIRED CALIFORNIA.
02:35:46.437 --> 02:35:49.173
.
02:35:49.239 --> 02:35:50.607
SIX POINT FIVE PERCENT WERE TO
02:35:50.674 --> 02:35:52.443
MAKE A SPECIAL EXCEPTION BECAUSE
02:35:52.509 --> 02:35:53.677
MAKE SO MUCH MONEY ON THIS BILL.
02:35:53.744 --> 02:35:55.679
BUT THE.
02:35:55.746 --> 02:35:57.181
YOU KNOW TAX RETURN PREPARATIONS
02:35:57.247 --> 02:35:58.015
ACCOUNTING DATING SERVICES IN
02:35:58.082 --> 02:35:59.349
WASHINGTON
02:35:59.416 --> 02:36:01.118
S. POINT FIVE PERCENT. BARBER
02:36:01.185 --> 02:36:02.619
SHOPS AND BEAUTY PARLORS AND IN
02:36:02.686 --> 02:36:04.254
NEW MEXICO FIVE PERCENT.
02:36:04.321 --> 02:36:05.589
GROOMING IN NEW JERSEY SEVEN
02:36:05.656 --> 02:36:06.890
PERCENT
02:36:06.957 --> 02:36:08.459
TEN POINT THREE FIVE PERCENT FOR
02:36:08.525 --> 02:36:10.461
AMUSEMENT PARKS ALL EVERYONE OF
02:36:10.527 --> 02:36:12.596
THESE THINGS IS ABUSING HIS IS.
02:36:12.663 --> 02:36:14.565
ON THE PERSONAL SIDE IS EXEMPT
02:36:14.631 --> 02:36:16.633
IN CALIFORNIA AND I JUST WANT TO
02:36:16.700 --> 02:36:18.302
SAY THE PYRAMID IN DISCUSSION
02:36:18.368 --> 02:36:19.703
WE'VE REALLY BEEN THOUGHTFUL
02:36:19.770 --> 02:36:21.305
ABOUT THAT IF THEY'RE SUDDENLY
02:36:21.371 --> 02:36:22.639
MISS THAT'S NOT THE PURPOSE OF
02:36:22.706 --> 02:36:24.141
WHAT WE'RE TRYING TO DO HERE IN
02:36:24.208 --> 02:36:25.209
THE WHOLE SUBCONTRACTORS
02:36:25.275 --> 02:36:26.577
ARGUMENT. THAT'S BEEN MADE WHEN
02:36:26.643 --> 02:36:28.879
I LOOKED AT THE LARGER DYNAMIC
02:36:28.946 --> 02:36:31.181
OF WHAT THE THEMES WAR TO OPPOSE
02:36:31.248 --> 02:36:33.717
SO. THE AND AND REALLY ANALYZING
02:36:33.784 --> 02:36:35.119
THE IMPACT OF THE OTHER SIDE OF
02:36:35.185 --> 02:36:37.788
THE TRADE FOR PURPOSES OF BOTH
02:36:37.855 --> 02:36:39.089
THE COMPANY THEY'LL FORGET.
02:36:39.156 --> 02:36:40.891
YOU SERVICES ARE QUESTION HOW
02:36:40.958 --> 02:36:41.925
MUCH YOU ACTUALLY SPEND THEY
02:36:41.992 --> 02:36:43.961
MADE OF THE COURT. YOUR AT IT
02:36:44.027 --> 02:36:44.962
EQUIPMENT INTENSE BUSINESS
02:36:45.028 --> 02:36:46.463
YOU'RE PAYING TAX ON GOODS
02:36:46.530 --> 02:36:48.031
THERE'S AN ACCOUNTING HERE THAT
02:36:48.098 --> 02:36:49.500
NEEDS TO BE LOOKED AT AND I
02:36:49.566 --> 02:36:51.335
THINK IT'S PEOPLE DEAL. DEEPER
02:36:51.401 --> 02:36:52.736
INTO IT BEYOND JUST KNEE JERKING
02:36:52.803 --> 02:36:54.104
SAYING OH MY GOD IT'S A TAX I
02:36:54.171 --> 02:36:55.405
THINK YOU'RE GONNA GET A EL
02:36:55.472 --> 02:36:57.141
BETTER DISCUSSION ON THE CITY OF
02:36:57.207 --> 02:36:58.342
ANY THOUGHTS TO ADD TO THAT. TO
02:36:58.408 --> 02:37:00.811
BRIDGET BUDGET JUST VERY QUICKLY.
02:37:00.878 --> 02:37:02.079
AND AND MAYBE THIS IS SOMETHING
02:37:02.146 --> 02:37:03.680
WE SHOULD TALK ABOUT MORE IN THE
02:37:03.747 --> 02:37:04.815
SUBSEQUENT HEARING BUT.
02:37:04.882 --> 02:37:06.683
A LOT OF THE CHALLENGES RELATED
02:37:06.750 --> 02:37:10.888
TO APPORTIONMENT AND SO FORTH.
02:37:10.954 --> 02:37:11.922
TOM I THINK WHEN WE WERE.
02:37:11.989 --> 02:37:12.856
WORKING ON THIS PUTTING TOGETHER
02:37:12.923 --> 02:37:17.094
THE INTENT WAS TO MAKE SURE THAT.
02:37:17.161 --> 02:37:20.063
THAT TAXES ARE BEING PAID WHERE
02:37:20.130 --> 02:37:21.265
THE BENEFIT OF THE SERVICE THE
02:37:21.331 --> 02:37:22.499
CURSE OF THE BENEFIT OF THE
02:37:22.566 --> 02:37:23.734
SERVICES BEING OCCURRED IS
02:37:23.801 --> 02:37:25.669
OCCURRING IN CALIFORNIA. IT'S A
02:37:25.736 --> 02:37:27.538
BIT OF THE TAX THAT THE BENEFIT
02:37:27.604 --> 02:37:28.505
OF THE SERVICES IS.
02:37:28.572 --> 02:37:31.108
OCCURRING OUTSIDE OF THE STATE
02:37:31.175 --> 02:37:32.776
WE DON'T WANT TO TAX.
02:37:32.843 --> 02:37:34.511
WE WANTED TO ENCOURAGE COMPANIES
02:37:34.578 --> 02:37:36.180
THAT SELL ON NATIONAL AND
02:37:36.246 --> 02:37:38.048
INTERNATIONAL MARKETS TO LOCATE
02:37:38.115 --> 02:37:40.150
HERE SO WE DIDN'T WANT TO UNDULY
02:37:40.217 --> 02:37:41.585
PUNISHED THEM BY SAYING IF YOUR
02:37:41.652 --> 02:37:43.821
SERVICES PROVIDED. HERE YOU'RE
02:37:43.887 --> 02:37:45.556
GONNA BE TAXED WE GO TO THAT
02:37:45.622 --> 02:37:47.524
DESTINATION BASE AND IT DOES
02:37:47.591 --> 02:37:48.325
CREATE.
02:37:48.392 --> 02:37:51.261
A CHALLENGES RELATED TO
02:37:51.328 --> 02:37:52.996
ASSIGNMENT AN APPORTIONMENT BUT
02:37:53.063 --> 02:37:54.498
THESE ARE NOT NEW CHALLENGES
02:37:54.565 --> 02:37:55.899
THESE ARE CHALLENGES THAT
02:37:55.966 --> 02:37:57.601
CALIFORNIA HAS WRESTLED WITH.
02:37:57.668 --> 02:37:59.570
HIM APPORTIONING INCOME UNDER
02:37:59.636 --> 02:38:01.371
THERE OF CORPORATION TAX IN
02:38:01.438 --> 02:38:03.373
CALIFORNIA. AND SO I THINK WE
02:38:03.440 --> 02:38:05.876
TRIED TO TO HAVE MODEL ARE. A
02:38:05.943 --> 02:38:07.978
APPROACH ALONG THE LINES OF THE
02:38:08.045 --> 02:38:10.681
WAY THE F. T. BE A PORTIONS
02:38:10.747 --> 02:38:12.516
SALES ARE SIGNED SALES PER
02:38:12.583 --> 02:38:13.951
PURPOSES OF REPORTING
02:38:14.017 --> 02:38:16.220
MULTINATIONAL. MULTI STATE
02:38:16.286 --> 02:38:18.455
COMPANY INCOME.
02:38:18.522 --> 02:38:20.057
SO I THINK AGAIN I COULD WE JUST
02:38:20.123 --> 02:38:21.725
WANT TO EMPHASIZE THAT YES THERE
02:38:21.792 --> 02:38:23.760
ARE SOME CHALLENGES WE RECOGNIZE
02:38:23.827 --> 02:38:26.063
IT. BUT A LOT OF WHAT WE WERE
02:38:26.129 --> 02:38:27.698
DOING IT IS.
02:38:27.764 --> 02:38:30.601
TRYING TO ENCOURAGE COMPANIES
02:38:30.667 --> 02:38:32.703
THAT ARE HERE TO LOCATE HERE. BY
02:38:32.769 --> 02:38:35.572
BASING THE TAX ON WHERE THE
02:38:35.639 --> 02:38:37.608
SERVICE IS RECEIVED RATHER THAN
02:38:37.674 --> 02:38:39.676
WHERE IT IS PRODUCED.
02:38:39.743 --> 02:38:40.978
THANK YOU SO MUCH FOR SWINGS IT
02:38:41.044 --> 02:38:41.845
THINK IT WAS HERTZBERG WE NOW
02:38:41.912 --> 02:38:42.880
LIKE THAT TURNED OVER QUESTIONS
02:38:42.946 --> 02:38:44.514
OR COMMENTS WILL KICK IT OFF
02:38:44.581 --> 02:38:45.482
WITH THE GOOD SENATOR FROM MARCH
02:38:45.549 --> 02:38:46.650
CANNABIS MORLOCK THANK YOU
02:38:46.717 --> 02:38:48.518
MISTER CHAIR THANK YOU SOONER
02:38:48.585 --> 02:38:49.486
HERTZBERG.
02:38:49.553 --> 02:38:50.520
THANK YOU FOR ALL YOUR YEARS OF
02:38:50.587 --> 02:38:52.322
WORKING AND NOT TRYING TO FIGURE
02:38:52.389 --> 02:38:54.391
OUT THIS A PRETZEL IS A PRETZEL
02:38:54.458 --> 02:38:55.525
IT IT'S REALLY AMAZING.
02:38:55.592 --> 02:38:58.095
.
02:38:58.161 --> 02:38:59.363
YOU JUST MENTIONED JUST HOW FAR
02:38:59.429 --> 02:39:00.664
FROM THE TOP YOU JUST MENTIONED
02:39:00.731 --> 02:39:02.299
THE STATES THAT HAVE SERVICE
02:39:02.366 --> 02:39:04.434
TAXES AND AB ANALYZE THE STATE'S
02:39:04.501 --> 02:39:06.270
CONNECTICUT NEW YORK NEW JERSEY
02:39:06.336 --> 02:39:08.639
HAWAI. I. COLUMN LOSER STATES.
02:39:08.705 --> 02:39:10.374
BECAUSE THEY'RE AT THE BOTTOM.
02:39:10.440 --> 02:39:11.942
BUT THE OF THE CHART WHEN YOU
02:39:12.009 --> 02:39:13.343
LOOK AT THEIR KAFIRS THEIR
02:39:13.410 --> 02:39:14.511
COMPREHENSIVE ANNUAL FINANCIAL
02:39:14.578 --> 02:39:16.980
REPORTS I'M. A LITTLE CONCERNED
02:39:17.047 --> 02:39:18.615
ABOUT FOLLOWING THAT KIND OF
02:39:18.682 --> 02:39:20.250
MODEL. I'M ALSO A LITTLE
02:39:20.317 --> 02:39:22.319
CONCERNED THAT WE ALREADY HAVE
02:39:22.386 --> 02:39:24.321
THE HIGHEST TAX RATES IN JUST
02:39:24.388 --> 02:39:25.789
ABOUT EVERY CATEGORY.
02:39:25.856 --> 02:39:28.225
SO IT'S TWELVE THIRTY FIVE AND
02:39:28.292 --> 02:39:30.227
IN YOU SEEMED LIKE YOU UPSET
02:39:30.294 --> 02:39:32.396
JUST ABOUT EVERYBODY IN THE ROOM.
02:39:32.462 --> 02:39:34.064
I THINK YOU BOTH NEED A SNICKERS
02:39:34.131 --> 02:39:38.201
BAR THAT'S AN AREA HIGH DAY. IF
02:39:38.268 --> 02:39:41.605
YOU AND I GOTTA.
02:39:41.672 --> 02:39:42.706
WITH GOOD REASON.
02:39:42.773 --> 02:39:44.274
.
02:39:44.341 --> 02:39:45.842
I'VE ONLY BEEN HERE THREE YEARS
02:39:45.909 --> 02:39:46.476
BUT THERE'S BEEN SO MUCH
02:39:46.543 --> 02:39:48.679
MOVEMENTS I WANNA START OFF WITH
02:39:48.745 --> 02:39:50.647
HER. THAT ACCOMPANIES WE JUST
02:39:50.714 --> 02:39:52.582
HAD IN DECEMBER DOUBLE FOR THIS
02:39:52.649 --> 02:39:53.984
CASE DON'T LOOK AT THIS.
02:39:54.051 --> 02:39:55.152
AND.
02:39:55.218 --> 02:39:55.752
WE JUST HAD IN THE SUMMER THE
02:39:55.819 --> 02:39:56.987
FEDERAL TAX
02:39:57.054 --> 02:39:57.654
REFORM.
02:39:57.721 --> 02:39:58.889
WE DON'T EVEN KNOW WHAT THE
02:39:58.956 --> 02:40:00.724
IMPACTS ARE YOU HAD QUOTED
02:40:00.791 --> 02:40:02.092
SOMEBODY LET ME JUST QUOTE. OUR
02:40:02.159 --> 02:40:03.427
STATE CONTROLLER SHOULD PUT THIS
02:40:03.493 --> 02:40:04.928
IN HURDLE EACH.
02:40:04.995 --> 02:40:06.296
A LEAD OFF PAGE ON THE
02:40:06.363 --> 02:40:07.764
COMPREHENSIVE ANNUAL FINANCIAL
02:40:07.831 --> 02:40:10.434
REPORT SHE WROTE THE FEDERAL TAX
02:40:10.500 --> 02:40:12.302
MEASURE LIKELY WILL HAVE A
02:40:12.369 --> 02:40:14.137
DEVASTATING IMPACT ON OUR STATE
02:40:14.204 --> 02:40:15.706
BUDGET.
02:40:15.772 --> 02:40:18.809
WHICH MAY MEAN LESS MONEY FOR
02:40:18.875 --> 02:40:20.644
BOB OF ALL THE SERVICES I DON'T
02:40:20.711 --> 02:40:21.645
KNOW WHERE SHE COMES UP WITH
02:40:21.712 --> 02:40:23.246
THAT AND WHAT ANALYSIS SHE'S
02:40:23.313 --> 02:40:25.015
DONE I HAVEN'T QUITE SEEN. TE
02:40:25.082 --> 02:40:26.683
IMPACT YET BUT BUT TWENTY
02:40:26.750 --> 02:40:27.784
EIGHTEEN WE'RE GONNA SEE THE
02:40:27.851 --> 02:40:29.052
RETURNS.
02:40:29.119 --> 02:40:30.754
AND APRIL TWENTY NINETEEN WILL
02:40:30.821 --> 02:40:31.388
KIND OF SEE WHAT'S REALLY GOING
02:40:31.455 --> 02:40:32.823
ON.
02:40:32.889 --> 02:40:34.424
BUT WE'VE HAD THE CANNABIS.
02:40:34.491 --> 02:40:36.460
IMPLEMENTATION WE'VE HAD PROP
02:40:36.526 --> 02:40:38.128
FIFTY FIVE WHICH RENEWED PROP
02:40:38.195 --> 02:40:39.629
THIRTY THE INCOME TAX ON OUR
02:40:39.696 --> 02:40:41.431
WEALTHY. WE'VE HAD SENATE BILL
02:40:41.498 --> 02:40:43.433
ONE WHICH NOW INCREASES THE GAS
02:40:43.500 --> 02:40:45.202
TAX ON EVERYBODY WHICH IS
02:40:45.268 --> 02:40:47.771
EXTREMELY REGRESSIVE.
02:40:47.838 --> 02:40:49.639
WE'VE SEEN SENATE BILL TWO WHICH.
02:40:49.706 --> 02:40:53.043
TAXES REAL ESTATE DOCUMENTS FEES.
02:40:53.110 --> 02:40:54.678
WE'VE SEEN CAP AND TRADE.
02:40:54.745 --> 02:40:56.680
SO I'VE JUST BEEN AMAZED AT HOW
02:40:56.747 --> 02:40:58.215
MANY MOVING PARTS.
02:40:58.281 --> 02:41:00.417
I'VE JUST SEEN IN MY FEW MONTHS
02:41:00.484 --> 02:41:02.119
HERE IN SACRAMENTO AND SO I
02:41:02.185 --> 02:41:03.286
GUESS THE FIRST AREA LIKE TO
02:41:03.353 --> 02:41:04.888
TALK ABOUT IS JUST.
02:41:04.955 --> 02:41:06.023
YOU KNOW THE TIMING OF YOUR
02:41:06.089 --> 02:41:07.891
PROPOSAL.
02:41:07.958 --> 02:41:09.226
BECAUSE NOW OR YOU HAVE A.
02:41:09.292 --> 02:41:11.395
MAY REVISE OF FRIDAY THAT SAID
02:41:11.461 --> 02:41:12.863
THAT WE HAVE ALMOST NINE BILLION
02:41:12.929 --> 02:41:14.331
IN REVENUES IN EXCESS OF
02:41:14.398 --> 02:41:15.565
PROJECTIONS.
02:41:15.632 --> 02:41:16.833
MAYBE THAT MEANS IT'S THE RIGHT
02:41:16.900 --> 02:41:18.702
TIME TO DO A NEW TAX
02:41:18.769 --> 02:41:21.338
REP REFORM MAYBE IT DOESN'T SO I
02:41:21.405 --> 02:41:22.906
JUST MAYBE YOU JUST START OFF
02:41:22.973 --> 02:41:24.641
WITH THE TIMING WAS SO MUCH.
02:41:24.708 --> 02:41:26.143
IMPACTING SO MANY IN SUCH A
02:41:26.209 --> 02:41:28.111
SHORT PERIOD TIME.
02:41:28.178 --> 02:41:29.679
BUT I PUSHED A VERY THOUGHTFUL
02:41:29.746 --> 02:41:31.581
ANSWER APPRECIATED ON. THAT IT
02:41:31.648 --> 02:41:34.518
IT IT YOU KNOW MY JUDGMENT IS IN
02:41:34.584 --> 02:41:35.052
EVERYTHING THAT I DO IN
02:41:35.118 --> 02:41:36.820
GOVERNMENT. IF YOU WANT TO DO IT
02:41:36.887 --> 02:41:38.522
WHEN YOU'RE NOT IN THE EMERGENCY
02:41:38.588 --> 02:41:39.756
THAT YOU GENERALLY DON'T HAVE
02:41:39.823 --> 02:41:41.124
THOUGHTFUL DECISIONS WHEN YOU'RE
02:41:41.191 --> 02:41:42.859
IN EMERGENCY YOU TO SOME
02:41:42.926 --> 02:41:43.927
CHALLENGE OF WHATEVER IT MIGHT
02:41:43.994 --> 02:41:46.196
BE. WE DON'T GENERALLY MAKE GOOD
02:41:46.263 --> 02:41:47.964
DECISIONS THAT REFORM WORLD. AND
02:41:48.031 --> 02:41:49.599
THESE KINDS OF THINGS AS I
02:41:49.666 --> 02:41:51.668
SUGGESTED TAKING YEARS IS A LOT
02:41:51.735 --> 02:41:53.170
OF NUANCE I MEAN I'M TELLING YOU
02:41:53.236 --> 02:41:54.671
IF WE SEE IF WE SAT DOWN WITH
02:41:54.738 --> 02:41:55.639
EACH ONE OF THESE VARIOUS
02:41:55.705 --> 02:41:57.174
ADVOCATES WHO HERE TODAY. I
02:41:57.240 --> 02:41:58.642
THINK JUST IN THE FEW THAT I
02:41:58.708 --> 02:41:59.810
HAVE.
02:41:59.876 --> 02:42:01.711
WE WILL ALLAY SOME OF THE FEARS
02:42:01.778 --> 02:42:03.547
WE GO THROUGH IT. AND ADDED IT'S
02:42:03.613 --> 02:42:05.749
IT'S HARD WORK IT'S HARD WORK SO
02:42:05.816 --> 02:42:07.451
SO I POINT NUMBER ONE WITH
02:42:07.517 --> 02:42:08.618
RESPECT TO THE TIMING IT'S
02:42:08.685 --> 02:42:09.986
ALWAYS GOOD TIMING TO WORK ON
02:42:10.053 --> 02:42:11.588
THE TOUGH CHALLENGES WHEN YOU'RE
02:42:11.655 --> 02:42:12.489
NOT UNDER THE GUN YOU HAVE
02:42:12.556 --> 02:42:13.924
PEOPLE TO BE THOUGHTFUL ABOUT IT
02:42:13.990 --> 02:42:15.826
SO I'M OK WITH THAT. IT MAKES IT
02:42:15.892 --> 02:42:17.494
HARDER BECAUSE PEOPLE IN
02:42:17.561 --> 02:42:19.129
GOVERNMENT UNFORTUNATELY IN MOST
02:42:19.196 --> 02:42:21.164
DECISION MAKERS ONLY FOCUS ON
02:42:21.231 --> 02:42:22.232
THE WORLD'S FALLING APART ON MY
02:42:22.299 --> 02:42:23.733
GOD WE'RE GONNA DO A WE GET A
02:42:23.800 --> 02:42:24.668
FIX THIS THING THAT OVERCOME
02:42:24.734 --> 02:42:26.870
NATIONAL SECURITY AND UNKNOWN
02:42:26.937 --> 02:42:28.305
ONE OR WHATEVER IT IS.
02:42:28.371 --> 02:42:28.872
YOU SEEN THE ON THE FLORIDA
02:42:28.939 --> 02:42:29.840
HOUSE SO MANY ISSUES TALKING
02:42:29.906 --> 02:42:31.308
ABOUT THINGS WELL IN ADVANCE
02:42:31.374 --> 02:42:32.809
THAT'S COME MY PHILOSOPHY.
02:42:32.876 --> 02:42:35.645
TWO. I THINK YOUR POINT IS ABOUT.
02:42:35.712 --> 02:42:36.980
THESE OTHER ISSUES IN TERMS OF
02:42:37.047 --> 02:42:38.849
CHANGES SO MUCH OF WHAT WE'VE
02:42:38.915 --> 02:42:39.850
DONE WE'VE HAD THIS CONVERSATION
02:42:39.916 --> 02:42:42.018
CENTER MORLOCK.
02:42:42.085 --> 02:42:44.054
IT KIND OF A PIECEMEAL APPROACH
02:42:44.121 --> 02:42:45.088
AND WE NEED KIND OF A MORE
02:42:45.155 --> 02:42:46.723
COMPREHENSIVE THINK ABOUT SOME
02:42:46.790 --> 02:42:48.358
OF THE STUFF AND HOW WE GOT TO
02:42:48.425 --> 02:42:49.893
DO WITH TAX REFORM THAT YEAH YOU
02:42:49.960 --> 02:42:51.661
KNOW I'VE TAKEN IS.
02:42:51.728 --> 02:42:53.463
MISTER WALTER SAYS.
02:42:53.530 --> 02:42:55.031
YOU KNOW SMALL STEP.
02:42:55.098 --> 02:42:56.800
THAT WHICH IS TRUE BUT I'M
02:42:56.867 --> 02:42:58.702
TRYING TO KIND OF GET IN THE
02:42:58.768 --> 02:43:00.303
GAME OF THINKING ABOUT THIS.
02:43:00.370 --> 02:43:01.705
IF YOU STANDARDS STAND WHAT
02:43:01.771 --> 02:43:03.140
WE'RE TRYING TO DO TURNING THE
02:43:03.206 --> 02:43:04.941
SHIP IS VERY HARD BUT THE TO
02:43:05.008 --> 02:43:06.910
LINING AND EVERYBODY GETS UPSET
02:43:06.977 --> 02:43:08.078
BECAUSE THEY'RE UNCOMFORTABLE
02:43:08.145 --> 02:43:09.579
WITH CHANGE I GET IT. AND
02:43:09.646 --> 02:43:10.614
EVERYBODY WILL JUST LOOK AT THE
02:43:10.680 --> 02:43:12.315
ADVERSE SIDE OF CHANGE ON THE
02:43:12.382 --> 02:43:13.683
POSITIVE SIDE OF CHANGE
02:43:13.750 --> 02:43:15.051
MANUFACTURES APPEAR ó WHAT
02:43:15.118 --> 02:43:16.620
SECOND DUE TO THE MAIN IF THEIR
02:43:16.686 --> 02:43:18.121
SALES WHEN THEIR PRICES GO DOWN.
02:43:18.188 --> 02:43:19.456
WHAT WHAT IS THE IMPACT ON THE
02:43:19.523 --> 02:43:21.024
RETAILER'S WHAT IS THE IMPACT OF
02:43:21.091 --> 02:43:22.058
THE CAR DEALERS?
02:43:22.125 --> 02:43:23.426
YOU NO WHAT ABOUT ALL THE PEOPLE
02:43:23.493 --> 02:43:24.928
WE EXEMPTED THEY'RE NOT HERE
02:43:24.995 --> 02:43:26.963
SAYING THANK YOU VERY MUCH.
02:43:27.030 --> 02:43:28.231
THAT'S ONE OF THE PROBLEMS YOU
02:43:28.298 --> 02:43:29.900
HAVE AN GOVERNMENT THE PEOPLE TO
02:43:29.966 --> 02:43:31.501
GET PAID TO ARGUE THESE THINGS
02:43:31.568 --> 02:43:32.903
ARE THE PEOPLE THAT ARE WORRIED
02:43:32.969 --> 02:43:34.437
TO DISGUISE FALLING APART JUDGE
02:43:34.504 --> 02:43:36.506
JOHN IS DIFFERENT. SO IT'S AN
02:43:36.573 --> 02:43:38.508
IMPORTANT DISCUSSION IT'S HARD
02:43:38.575 --> 02:43:41.411
BUT IT'S IMPORTANT AND SO YES
02:43:41.478 --> 02:43:42.112
ALL THESE OTHER THINGS ARE
02:43:42.179 --> 02:43:45.115
BASICALLY SHORT TERM STOP GAPS
02:43:45.182 --> 02:43:45.782
FOR A BUNCH OF OTHER
02:43:45.849 --> 02:43:47.384
ARCHITECTURAL PROBLEM SO TO
02:43:47.450 --> 02:43:49.085
SPEAK OF HOW OUR TAX STRUCTURE
02:43:49.152 --> 02:43:51.788
WORKS. SO I THINK IT'S NOW THE
02:43:51.855 --> 02:43:52.289
PERFECT TIME TO HAVE THE
02:43:52.355 --> 02:43:54.591
DISCUSSION. FARM YET I THINK
02:43:54.658 --> 02:43:55.992
THAT BY TAKING THE OF THE THE
02:43:56.059 --> 02:43:56.993
THOUGHTFUL APPROACH THE
02:43:57.060 --> 02:43:58.361
CHAIRMAN'S TAKING IT GIVES US AN
02:43:58.428 --> 02:44:01.164
ABILITY TO NOT JUST SAY OKAY I'M
02:44:01.231 --> 02:44:02.299
A DEMOCRAT WE HAVE THE MAJORITY
02:44:02.365 --> 02:44:04.134
WE'RE GONNA JAM THIS THING WE'RE
02:44:04.201 --> 02:44:04.601
GONNA JAM IT THROUGH
02:44:04.668 --> 02:44:06.069
APPROPRIATIONS. WE'RE GONNA MOVE
02:44:06.136 --> 02:44:07.270
IT TO THE FLOOR EVERYBODY'S
02:44:07.337 --> 02:44:08.672
GOING TO HAVE HEARTBURN AS THIS
02:44:08.738 --> 02:44:10.507
THING HAPPENS THAT'S NOT THE WAY
02:44:10.574 --> 02:44:11.908
TO DO BUSINESS AND STOP TE WAY
02:44:11.975 --> 02:44:14.077
LEGISLATURE. IN ALL CONTEXTS
02:44:14.144 --> 02:44:15.512
THERE'S TIMES WE THOSE THINGS
02:44:15.579 --> 02:44:16.580
HAPPEN BECAUSE OF EMERGENCY OR
02:44:16.646 --> 02:44:17.914
SOME OTHER PROBLEM BUT I DON'T
02:44:17.981 --> 02:44:19.683
THAT'S NOT WHAT THE CONTEXT OF
02:44:19.749 --> 02:44:21.851
THIS IS. AND THAT'S WHY SAID WE
02:44:21.918 --> 02:44:23.220
WANT TO FORMALIZE THIS WE
02:44:23.286 --> 02:44:24.754
STARTED WITH IT WITH WITH WITH
02:44:24.821 --> 02:44:25.989
THE THINKING OF VERY SMART
02:44:26.056 --> 02:44:28.258
PEOPLE WHAT'S OUR WATER OUR
02:44:28.325 --> 02:44:29.893
COURSE CORRECTIONS WERE OP. WE
02:44:29.960 --> 02:44:32.896
MOVED FROM THERE TO A LISTENING
02:44:32.963 --> 02:44:34.998
TOUR THAT REALLY GAVE OUT
02:44:35.065 --> 02:44:37.000
ABILITY TO INFORM I DID PUT THIS
02:44:37.067 --> 02:44:38.602
BILL OUT EARLIER BECAUSE THE WAY
02:44:38.668 --> 02:44:40.003
THIS BUSINESS WORKS IS YOU DAHLE
02:44:40.070 --> 02:44:41.538
YOUR COMMENTS IN THE WRONG PLACE.
02:44:41.605 --> 02:44:42.806
IN SOME INTEREST GROUPS AFFECTED
02:44:42.872 --> 02:44:45.308
BY THE KARMA. AND THEY YOU KNOW
02:44:45.375 --> 02:44:46.977
GO CRAZY OVER UNDERSTAND THAT
02:44:47.043 --> 02:44:48.078
BECAUSE IT'S THEIR JOB A MONTH
02:44:48.144 --> 02:44:51.681
OBJECTED ANYBODY WHO ADVOCATES
02:44:51.748 --> 02:44:52.082
FOR THEIR PEOPLE.
02:44:52.148 --> 02:44:52.682
BUT.
02:44:52.749 --> 02:44:53.383
MY HOPE WAS TO GET TRACTION WITH
02:44:53.450 --> 02:44:55.318
THE GOVERNOR EARLIER AND THAT WE
02:44:55.385 --> 02:44:56.686
COULD GET HIM TO NEGOTIATE SOME
02:44:56.753 --> 02:44:58.755
OF THIS STUFF AND NOT PUT IT I
02:44:58.822 --> 02:45:00.123
JUST DECIDED TO DUMP IT ALL IN.
02:45:00.190 --> 02:45:02.125
HAVE THE DISCUSSION LET'S GET TO
02:45:02.192 --> 02:45:04.361
IT. AND SEE IF WE CAN MAKE SOME
02:45:04.427 --> 02:45:05.762
MOVEMENT SET THE STAGE HAVE SOME
02:45:05.829 --> 02:45:07.063
OF THIS DISCUSSION PART OF THE
02:45:07.130 --> 02:45:08.398
NEXT GOVERNOR COMING IN.
02:45:08.465 --> 02:45:09.733
TO HELP TRY TO MOVE AND MOVE
02:45:09.799 --> 02:45:11.268
THIS ALONG SO I WOULD SAY I
02:45:11.334 --> 02:45:12.736
WOULD SUGGEST TO YOU THAT YES
02:45:12.802 --> 02:45:14.337
THERE'S SOME ARGUMENT. ABOUT
02:45:14.404 --> 02:45:15.538
WITH RESPECT TO THESE OTHER
02:45:15.605 --> 02:45:17.274
TAXES AND OTHER ISSUES THAT
02:45:17.340 --> 02:45:19.075
COMPLICATED NO QUESTION. BUT IT
02:45:19.142 --> 02:45:20.043
IS CLEARLY THE PERFECT TIME AND
02:45:20.110 --> 02:45:21.278
PLACE.
02:45:21.344 --> 02:45:23.747
TO HAVE A CONVERSATION LIKE THIS.
02:45:23.813 --> 02:45:25.882
WHY WOULD A FIRM YOU FOR?
02:45:25.949 --> 02:45:29.286
TAKING THE POSITION OF.
02:45:29.352 --> 02:45:31.321
A METHODICAL APPROACH TO A
02:45:31.388 --> 02:45:32.989
MASSIVE TAX BILL.
02:45:33.056 --> 02:45:35.625
SO I THANK THE CHAIRMAN FOR THE
02:45:35.692 --> 02:45:36.226
SAME THAT WE'RE GOING TO HAVE
02:45:36.293 --> 02:45:37.360
HEARINGS.
02:45:37.427 --> 02:45:38.662
BECAUSE WE DO RUSHED THROUGH
02:45:38.728 --> 02:45:40.897
THINGS AND. WE DO DEMAND TOO
02:45:40.964 --> 02:45:42.766
MUCH AND WE THROW AT YOU KNOW ON
02:45:42.832 --> 02:45:44.668
PEOPLE PRETTY QUICKLY THAT YOU
02:45:44.734 --> 02:45:45.235
START TO WONDER HOW MANY OR
02:45:45.302 --> 02:45:46.169
SPILLS.
02:45:46.236 --> 02:45:48.438
CAN THE PATIENT SWALLOWING A
02:45:48.505 --> 02:45:50.340
SHORT PERIOD OF TIME AND THAT'S.
02:45:50.407 --> 02:45:52.075
BEEN ONE OF MY CONCERNS ANOTHER
02:45:52.142 --> 02:45:53.810
CONCERN IS IF HIS TO APPEND THAT
02:45:53.877 --> 02:45:54.878
FINALLY BUT THE ONE THING AGAIN
02:45:54.944 --> 02:45:56.913
UNTIL TO SAY IS. THE ISSUE HERE
02:45:56.980 --> 02:45:59.549
IS FIRST THE TAXES ONLY BE TO BE
02:45:59.616 --> 02:46:01.451
YESTERDAY INCIDENTS.
02:46:01.518 --> 02:46:03.486
B. SECONDLY ITS IT'S ALSO
02:46:03.553 --> 02:46:05.155
PRODUCTIVE ALL.
02:46:05.221 --> 02:46:06.856
I'M CHIU WHAT WHAT HAPPENED TO
02:46:06.923 --> 02:46:08.425
US IN CALIFORNIA IS WE LOST A
02:46:08.491 --> 02:46:09.592
LOT OF DUCT ABILITY THE
02:46:09.659 --> 02:46:11.227
FLEXIBILITY TO FUND.
02:46:11.294 --> 02:46:13.063
CREATIVE WAY TO TRY TO PUT SOME
02:46:13.129 --> 02:46:14.297
OF THE BURDEN WE HAD OUR STATE
02:46:14.364 --> 02:46:15.632
TAX THAT WE'RE DEDUCTIBLES. SO
02:46:15.699 --> 02:46:17.100
FEW IN THIRTEEN POINT ONE
02:46:17.167 --> 02:46:18.868
PERCENT BRACKET ON TAXES.
02:46:18.935 --> 02:46:20.170
AND YOU COULD DEDUCTIBLES THAT
02:46:20.236 --> 02:46:21.271
HAVE PAID EIGHT PERCENT IT'S NOT
02:46:21.338 --> 02:46:23.506
SO BAD NON PAID THIRTEEN POINT
02:46:23.573 --> 02:46:24.874
ONE NET NET NET.
02:46:24.941 --> 02:46:27.143
VASE MAYOR I GOT A PROBLEM.
02:46:27.210 --> 02:46:28.712
THIS IS DEDUCTIBILITY THAT'S
02:46:28.778 --> 02:46:30.680
NUMBER ONE AND TWO EVERYONE'S
02:46:30.747 --> 02:46:31.648
BUSINESSES BY STEP THE DEBATE
02:46:31.715 --> 02:46:33.416
AND SELF TAX ON GOODS IS A LOT
02:46:33.483 --> 02:46:34.851
OF BUSINESSES IN CALIFORNIA THAT
02:46:34.918 --> 02:46:36.119
COULD BENEFIT FROM IT WILL DO
02:46:36.186 --> 02:46:37.754
THE DIAGNOSTIC ON IT. BUT
02:46:37.821 --> 02:46:39.422
THERE'S TWO SIDES TO THE TRADE
02:46:39.489 --> 02:46:41.358
THE END OF THE DAY. YOU COULD
02:46:41.424 --> 02:46:43.360
SAY IT'S A LARGE TAX INCREASE OR
02:46:43.426 --> 02:46:44.694
IF IT'S NOT NEUTRAL AND EVEN
02:46:44.761 --> 02:46:45.995
LESS BECAUSE OUT OF STATE PEOPLE
02:46:46.062 --> 02:46:47.764
ARE PAYING IT. YOU COULD ARGUE
02:46:47.831 --> 02:46:48.898
THAT IT'S A SIGNIFICANT BENEFIT
02:46:48.965 --> 02:46:50.367
IN WOMAN WILL DO THAT ANALYSIS
02:46:50.433 --> 02:46:53.203
DO THE HOMEWORK IF WE COME UP
02:46:53.269 --> 02:46:54.504
WITH A BETTER IDEA SO BE IT.
02:46:54.571 --> 02:46:56.072
BUT I DON'T I OBJECT TO THE
02:46:56.139 --> 02:46:57.540
NOTION THAT THIS IS A MASSIVE
02:46:57.607 --> 02:46:59.609
TAX INCREASE.
02:46:59.676 --> 02:47:01.244
THAT'S A POLITICAL STATEMENT IT
02:47:01.311 --> 02:47:03.213
THE REALITY IS IT MAY NOT BE TO
02:47:03.279 --> 02:47:05.982
PEOPLE YOU DON'T I MEAN CRISP
02:47:06.049 --> 02:47:07.016
ARE. SENATOR.
02:47:07.083 --> 02:47:09.219
I CAN'T HAVE ONLY ONE.
02:47:09.285 --> 02:47:11.187
TROUBLE ADELPHIA AGAIN THAT YOU
02:47:11.254 --> 02:47:13.757
HAD THAT WASN'T MY QUESTION.
02:47:13.823 --> 02:47:15.458
BUT YOU COULDN'T LIVE THERE BUT
02:47:15.525 --> 02:47:16.326
I HAD ADMITTED BED DEDUCTIBILITY
02:47:16.393 --> 02:47:18.027
IS SORT OF A UNIQUE KIND OF
02:47:18.094 --> 02:47:19.496
ARGUMENT THAT MAYBE I DON'T BUY
02:47:19.562 --> 02:47:21.364
IT SAYS SOMEONE WHO HAS A SEAT
02:47:21.431 --> 02:47:24.267
WAS THIS PRACTICE IS A CPA. I'D
02:47:24.334 --> 02:47:25.635
RATHER HAVE THE CASH
02:47:25.702 --> 02:47:26.236
THEN TO PAY FOR SOMETHING AND
02:47:26.302 --> 02:47:26.870
THEN GET A TAX DEDUCTION BECAUSE
02:47:26.936 --> 02:47:28.271
MY NET IS.
02:47:28.338 --> 02:47:29.272
SO MUCH BETTER IF I DIDN'T HAVE
02:47:29.339 --> 02:47:31.508
TO PAY FOR.
02:47:31.574 --> 02:47:33.376
I AM IT'S I MEAN I WOULD JUST
02:47:33.443 --> 02:47:34.811
MAYBE DEBATE THAT A LITTLE BIT
02:47:34.878 --> 02:47:36.379
BUT. I'M CONCERNED ABOUT. YOUR
02:47:36.446 --> 02:47:38.348
ORIGINAL INTENT AND THAT WAS
02:47:38.415 --> 02:47:41.017
THIS HOLISTIC APPROACH TO.
02:47:41.084 --> 02:47:42.819
VOLATILITY AND SO YOU'RE YOU'RE
02:47:42.886 --> 02:47:44.120
STARTING.
02:47:44.187 --> 02:47:46.089
AT A SERVICE TAX.
02:47:46.156 --> 02:47:47.490
WHEN WE KNOW THAT ALCON IN THE
02:47:47.557 --> 02:47:49.426
ROOM IS THE PERSONAL INCOME TAX
02:47:49.492 --> 02:47:51.261
TO BE AYE TEA. AND WE KNOW THAT
02:47:51.327 --> 02:47:54.497
ONLY A SMALL HANDFUL OF PEOPLE
02:47:54.564 --> 02:47:55.064
IN THE STATE PAY HALF OF THE
02:47:55.131 --> 02:47:56.232
INCOME TAX.
02:47:56.299 --> 02:47:57.801
AND THAT'S WHERE THE VOLATILITY
02:47:57.867 --> 02:47:59.135
IS AND MAKE THEY CAN THEY CAN
02:47:59.202 --> 02:48:00.970
MOVE.
02:48:01.037 --> 02:48:02.071
RIGHT AT THEY CAN LEAVE THE
02:48:02.138 --> 02:48:03.039
STATE IT'S HAPPENED IN NEW
02:48:03.106 --> 02:48:04.541
JERSEY AND CONNECTICUT WE'VE
02:48:04.607 --> 02:48:07.177
SEEN. WEALTHY PEOPLE JUST SAY A
02:48:07.243 --> 02:48:09.546
HALF FLORIDA IS BETTER OR WORK
02:48:09.612 --> 02:48:10.780
AND SO.
02:48:10.847 --> 02:48:14.017
I I'M WONDERING WHY YOU DROPPED.
02:48:14.083 --> 02:48:16.052
THE INCOME TAX
02:48:16.119 --> 02:48:17.754
COMPONENT YOUR WORD WERBER
02:48:17.821 --> 02:48:19.189
REDUCING SALES TAX I'M WONDERING
02:48:19.255 --> 02:48:21.324
WHY YOU DIDN'T.
02:48:21.391 --> 02:48:22.258
ATTACKED THE INCOME TAX TWO
02:48:22.325 --> 02:48:24.360
REASONS.
02:48:24.427 --> 02:48:26.362
FIRST IS THAT MORE THAN TWO IS I
02:48:26.429 --> 02:48:27.430
GUESS BUT THE FIRST IS THE
02:48:27.497 --> 02:48:28.932
CONSTITUTION PROTECTS THE HIGH
02:48:28.998 --> 02:48:31.034
RATES THAT WAS DECIDED WAS A
02:48:31.100 --> 02:48:32.469
PROP FIFTY FIVE IS IT CALLED.
02:48:32.535 --> 02:48:34.003
BUT AFTER EXTENDED THAT THAT THE
02:48:34.070 --> 02:48:35.171
HIGH RATES OF THIRTEEN POINT ONE
02:48:35.238 --> 02:48:36.506
PERCENT SO REQUIRE A VOTE OF THE
02:48:36.573 --> 02:48:38.174
PEOPLE.
02:48:38.241 --> 02:48:39.843
BUT WHICH PRESENTS A CHALLENGE.
02:48:39.909 --> 02:48:41.444
AT THAT RATE TO.
02:48:41.511 --> 02:48:45.515
BY BY THE IDEA IS THAT ANYTIME.
02:48:45.582 --> 02:48:47.417
THE THE THE WATCH WORD TO WHAT
02:48:47.484 --> 02:48:49.652
WE'RE DOING HERE IS MAINTAINED
02:48:49.719 --> 02:48:51.855
CALIFORNIA'S PROGRESSIVITY.
02:48:51.921 --> 02:48:53.490
WE WANT TO IMPROVE THE SYSTEM
02:48:53.556 --> 02:48:55.158
MODERNIZE THE SYSTEM MAINTAIN
02:48:55.225 --> 02:48:56.693
ITS PROGRESSIVITY. WHAT I
02:48:56.759 --> 02:48:57.627
MENTIONED IN MY INITIAL
02:48:57.694 --> 02:48:59.996
PRESENTATION WAS?
02:49:00.063 --> 02:49:02.632
THAT IF YOU REDUCE THE TAX ON
02:49:02.699 --> 02:49:03.099
SUPER WEALTHY PEOPLE
02:49:03.166 --> 02:49:05.401
HYPOTHETICALLY.
02:49:05.468 --> 02:49:06.703
YOU YOU AND YOU INCREASES
02:49:06.769 --> 02:49:08.304
SERVICE TAX
02:49:08.371 --> 02:49:11.140
YOU NEED TO CREATE A HUGE BUFFER.
02:49:11.207 --> 02:49:13.176
TO BE ABLE THEIR RETIREES LOOK
02:49:13.243 --> 02:49:14.544
AT THE TAX INCIDENTS ON PEOPLE
02:49:14.611 --> 02:49:16.412
WHAT IT APPLIES TO EVERYBODY.
02:49:16.479 --> 02:49:17.647
AND SO WOULD ONE OF OUR MODELS
02:49:17.714 --> 02:49:19.349
AS MUCH AS NINE BILLION DOLLARS
02:49:19.415 --> 02:49:20.984
THAT WAS REQUIRED. AND SO THE
02:49:21.050 --> 02:49:23.953
pIDEA OF EVEN EVEN TOUCHING THAT.
02:49:24.020 --> 02:49:24.954
WITH PROGRESSIVITY AT THE
02:49:25.021 --> 02:49:26.789
CORNERSTONE.
02:49:26.856 --> 02:49:28.124
WHAT WE'VE DONE HERE IS WE'VE
02:49:28.191 --> 02:49:29.659
INTRODUCED THE NOTION OF SERVICE
02:49:29.726 --> 02:49:31.227
TAX AGAIN IS BETWEEN TWENTY ONE
02:49:31.294 --> 02:49:32.729
AND TWENTY NINE SERVICE ALREADY
02:49:32.795 --> 02:49:34.497
TAXED IN CALIFORNIA GIFT
02:49:34.564 --> 02:49:36.499
WRAPPING WELDING COMPUTER
02:49:36.566 --> 02:49:37.267
CONSULTING A BUNCH OF HINGS
02:49:37.333 --> 02:49:40.236
ALREADY? ATTACKS IN CALIFORNIA.
02:49:40.303 --> 02:49:41.738
DEBT AND BY THE WAY DID THIS
02:49:41.804 --> 02:49:43.239
NOTION ABOUT HOW COMPLIANCE IS
02:49:43.306 --> 02:49:45.241
RIDICULOUS YOU CAN DOWNLOAD.
02:49:45.308 --> 02:49:46.609
AMONG THESE FORTY NINE STATES
02:49:46.676 --> 02:49:48.511
YOUR TECH TAX ON SERVICES JUST
02:49:48.578 --> 02:49:49.746
LIKE YOU CAN THAT EVERYONE IS
02:49:49.812 --> 02:49:50.747
THINGS THAT LOOKED AT THE STUFF
02:49:50.813 --> 02:49:52.315
FOR NINETEEN BUCKS. AT THESE
02:49:52.382 --> 02:49:53.583
VARIOUS OFFICE STORES YOU CAN
02:49:53.650 --> 02:49:55.451
BUY THESE PROGRAMS AND PEOPLE DO
02:49:55.518 --> 02:49:56.819
THIS ALL THE TIME IT'S ALL
02:49:56.886 --> 02:49:58.721
TECHNOLOGY DRIVEN AND THIS ON
02:49:58.788 --> 02:50:00.456
THE EVEN FOR FREE I WAS GONNA.
02:50:00.523 --> 02:50:01.624
BRING SOME TODAY ON WHAT
02:50:01.691 --> 02:50:03.893
HAPPENED FORGOT I GUESS BUT BUT
02:50:03.960 --> 02:50:05.161
SO IT'S NOT A HARD PROBLEM IN
02:50:05.228 --> 02:50:06.229
THE SCHEME OF THINGS A PORTIONS
02:50:06.296 --> 02:50:09.098
FOR BIG BUSINESSES THERE BUT
02:50:09.165 --> 02:50:09.632
THAT ALREADY EXISTS IN THE
02:50:09.699 --> 02:50:09.999
CORPORATE AREA.
02:50:10.066 --> 02:50:11.467
SO THE OTHER REASON SO THAT THE
02:50:11.534 --> 02:50:12.569
THE ISSUE OF THE CONSTITUTIONAL
02:50:12.635 --> 02:50:14.070
ISSUE. THE ISSUE OF
02:50:14.137 --> 02:50:15.672
PROGRESSIVITY WE ARE NOT MOVING
02:50:15.738 --> 02:50:17.707
OFF OF THAT.
02:50:17.774 --> 02:50:19.375
BENCHMARK THAT'S A CORNERSTONE
02:50:19.442 --> 02:50:21.144
ELEMENT. AT WHAT WE'VE BEEN ABLE
02:50:21.210 --> 02:50:22.912
TO DO IS TO INTRODUCE THE NOTION
02:50:22.979 --> 02:50:24.881
OF SERVICE TAX WISE IT IMPORTANT
02:50:24.948 --> 02:50:26.716
WHAT YOU SAW ON THE ILIO CHART
02:50:26.783 --> 02:50:28.384
HERE. ARE A FEW WHO SOUGHT BUT
02:50:28.451 --> 02:50:29.519
THE RATE OF GROWTH IT'S
02:50:29.586 --> 02:50:31.688
HARMONIZING THE TAX STRUCTURE
02:50:31.754 --> 02:50:33.957
WITH WHERE THE ECONOMY IS GOING
02:50:34.023 --> 02:50:35.992
WHY TAX STUFF THAT'S GOING IN
02:50:36.059 --> 02:50:37.727
THIS DIRECTION. VERSUS THIS
02:50:37.794 --> 02:50:39.862
DIRECTION BILL THE STATE ON ITS
02:50:39.929 --> 02:50:42.265
FUTURE NOT IT'S PAST SO AND WE
02:50:42.332 --> 02:50:43.833
DOING THAT IN A REVENUE NEUTRAL
02:50:43.900 --> 02:50:46.202
WAY. THAT HAS IMPACTS THAT
02:50:46.269 --> 02:50:47.737
PROTECTS PEOPLE AGAINST THE
02:50:47.804 --> 02:50:49.439
ADVERSE CONSEQUENCES OF THAT
02:50:49.505 --> 02:50:51.641
WASHINGTON AT TAX REFORM.
02:50:51.708 --> 02:50:53.943
.
02:50:54.010 --> 02:50:55.311
STILL BUSINESSES ARE PAYING YOU
02:50:55.378 --> 02:50:57.513
TO THIS NOTION OF THIS THIS TAX
02:50:57.580 --> 02:50:58.748
INCREASE IS NOT ALWAYS A BAD
02:50:58.815 --> 02:50:59.349
BECAUSE YOU'RE NOT LOOKING AT
02:50:59.415 --> 02:51:00.316
THIS.
02:51:00.383 --> 02:51:01.618
IN TERMS OF THE GOOD SIDE BUT
02:51:01.684 --> 02:51:02.719
YOU'RE NOT LOOKING AT THE SIDE
02:51:02.785 --> 02:51:04.020
OF THE BENEFITS THAT THEY
02:51:04.087 --> 02:51:04.921
RECEIVE FROM THE FEDERAL
02:51:04.988 --> 02:51:06.556
GOVERNMENT THE QUESTION TO ANY
02:51:06.623 --> 02:51:08.691
BUSINESS PERSON IS HOW MUCH OF
02:51:08.758 --> 02:51:10.627
MY PAY AND. NOT WHO GETS IT AND
02:51:10.693 --> 02:51:14.230
pPROPOSAL YOU'RE PAYING LESS.
02:51:14.297 --> 02:51:15.898
AND WE'RE COURT WERE BEGINNING
02:51:15.965 --> 02:51:17.300
TO PUT THE STATE OBJECTED RE
02:51:17.367 --> 02:51:18.534
WERE BEGINNING TO MOVE IN THE
02:51:18.601 --> 02:51:20.003
DIRECTION OF THE FUTURE WE'RE
02:51:20.069 --> 02:51:21.471
DOING IN A PROGRESSIVE WAY.
02:51:21.537 --> 02:51:22.739
THAT'S THE REASON WHY WE TOOK
02:51:22.805 --> 02:51:24.140
THIS COURSE.
02:51:24.207 --> 02:51:25.174
SO I I HEAR.
02:51:25.241 --> 02:51:26.943
TO.
02:51:27.010 --> 02:51:28.444
DIFFERENT THINGS WILL FROM WHAT
02:51:28.511 --> 02:51:30.213
YOU'RE SAYING OKAY BIG WORD
02:51:30.279 --> 02:51:30.880
YOU'VE BEEN USING IS REVENUE
02:51:30.947 --> 02:51:31.314
NEUTRAL
02:51:31.381 --> 02:51:33.116
YES.
02:51:33.182 --> 02:51:35.018
BUT YOU YOU WANT TO GO INTO A
02:51:35.084 --> 02:51:36.185
GROWTH AREA.
02:51:36.252 --> 02:51:38.187
WHICH IS SERVICE.
02:51:38.254 --> 02:51:39.489
SO I'M I'M TRYING TO.
02:51:39.555 --> 02:51:41.491
GET MY.
02:51:41.557 --> 02:51:42.959
HEAD AROUND THAT I I DON'T SEE
02:51:43.026 --> 02:51:45.695
YOU BEING REVENUE NEUTRAL.
02:51:45.762 --> 02:51:46.929
BECAUSE WHY WOULD YOU GO THROUGH
02:51:46.996 --> 02:51:48.064
ALL THIS.
02:51:48.131 --> 02:51:50.600
HEADACHE.
02:51:50.667 --> 02:51:52.301
CREATION ON YOUR YOUR YOUR JOB
02:51:52.368 --> 02:51:54.170
JUST RIPPED THE WHOLE APPLE CART.
02:51:54.237 --> 02:51:55.672
WHAT TO BE NEVER REVENUE NEUTRAL
02:51:55.738 --> 02:51:57.373
AYE AS I'M?
02:51:57.440 --> 02:51:58.574
I'M KIND OF. CAN YOU HELP ME
02:51:58.641 --> 02:51:59.409
WHAT AM I MISSING NO NO IT'S
02:51:59.475 --> 02:52:00.877
IT'S
02:52:00.943 --> 02:52:02.645
IT IS THE THE CHALLENGE OF
02:52:02.712 --> 02:52:04.580
WORKING WITHIN THE SYSTEM.
02:52:04.647 --> 02:52:06.182
I CAN GO OUT AND RAISE MONEY AND
02:52:06.249 --> 02:52:07.984
RIGHTED BALLOT INITIATIVES AND
02:52:08.051 --> 02:52:09.686
PULL IT AND GET IT PASSED
02:52:09.752 --> 02:52:11.587
AND THE BILL. A BALLOT BOX
02:52:11.654 --> 02:52:12.955
BUDGETING BALLOT BOX TAX
02:52:13.022 --> 02:52:14.357
REVENUES WE'VE DONE HOW MANY
02:52:14.424 --> 02:52:15.858
TIMES HAVE WE SEEN THAT.
02:52:15.925 --> 02:52:17.360
AND I'D PULL THIS STUFF PRETTY
02:52:17.427 --> 02:52:18.227
WELL.
02:52:18.294 --> 02:52:19.962
AND DETERMINE HOW THE LOCAL
02:52:20.029 --> 02:52:21.464
ALTERNATELY CREATE THIS OUT A
02:52:21.531 --> 02:52:23.266
LAW THAT WOULD WORK.
02:52:23.332 --> 02:52:24.600
THE IDEA IN THE LIST TO USE THE
02:52:24.667 --> 02:52:25.802
LEGISLATIVE BRANCH FOR ITS
02:52:25.868 --> 02:52:27.437
INTENDED PURPOSE.
02:52:27.503 --> 02:52:29.672
AND AT THIS POINT THE IDEA IS TO
02:52:29.739 --> 02:52:31.674
IS TO GET MOVING ON THE CONCEPT
02:52:31.741 --> 02:52:34.310
OF READ A RE ORIENTING THE TAX
02:52:34.377 --> 02:52:36.412
STRUCTURE AND DOING IT REVENUE
02:52:36.479 --> 02:52:37.313
NEUTRAL WAY IN A WAY THAT
02:52:37.380 --> 02:52:39.415
BECAUSE YOU COULD BE.
02:52:39.482 --> 02:52:40.016
PEOPLE US I A REVENUE NEUTRAL
02:52:40.083 --> 02:52:41.250
PROVISION.
02:52:41.317 --> 02:52:42.285
I GOT MONEY COMING BACK TO
02:52:42.351 --> 02:52:43.252
PEOPLE OUT OF GOVERNMENT
02:52:43.319 --> 02:52:44.854
TECHNICAL EXCEPT FOR THE COST OF
02:52:44.921 --> 02:52:46.189
ADMINISTERING THE SYSTEM AND I
02:52:46.255 --> 02:52:47.824
GOTTA BE TELLING ME THE THE THE
02:52:47.890 --> 02:52:48.991
THE BARN IS BURNING DOWN BECAUSE
02:52:49.058 --> 02:52:50.727
YOU'RE RAISING THE MOST MASSIVE
02:52:50.793 --> 02:52:51.894
TAX INCREASE IN THE HISTORY OF
02:52:51.961 --> 02:52:53.863
CALIFORNIA. IT ALWAYS GETS
02:52:53.930 --> 02:52:55.431
COUCHED IN THAT AND WHAT I'M
02:52:55.498 --> 02:52:57.166
TRYING TO DO IS TO MOVE AWAY
02:52:57.233 --> 02:52:59.001
FROM THE INCENDIARY LANGUAGE AND
02:52:59.068 --> 02:53:00.703
GET TO THE TRUTH THAT'S OUR
02:53:00.770 --> 02:53:02.472
PURPOSE FOR THESE HEARINGS.
02:53:02.538 --> 02:53:03.473
THAT'S WHY I'M TRYING TO FOCUS
02:53:03.539 --> 02:53:05.241
ON THIS AND SO I'M TRYING TO
02:53:05.308 --> 02:53:07.076
TAKE THAT OFF THE TABLE. AND TRY
02:53:07.143 --> 02:53:08.411
TO MOVE IN THE DIRECTION
02:53:08.478 --> 02:53:10.780
UNFORTUNATELY HAVE TO DO IT. IN
02:53:10.847 --> 02:53:12.281
THESE INCREMENTAL MATTER IF YOU
02:53:12.348 --> 02:53:13.950
WANT TO WORK WITHIN THE WALLS OF
02:53:14.016 --> 02:53:14.751
THIS PLACE.
02:53:14.817 --> 02:53:16.018
IF I WANT TO WORK WITH
02:53:16.085 --> 02:53:17.286
INCENDIARY LANGUAGE AND COME UP
02:53:17.353 --> 02:53:18.387
WITH STUFF THAT YOU CAN DO
02:53:18.454 --> 02:53:19.789
TELEVISION ADS AND. GET
02:53:19.856 --> 02:53:21.090
EVERYBODY UPSET AND GET STUFF
02:53:21.157 --> 02:53:23.626
PASSED THAT'S ONE THING BUT IF
02:53:23.693 --> 02:53:25.094
YOU CAN REALLY TRY TO FIGURE IT
02:53:25.161 --> 02:53:26.062
OUT WORK THE NUANCE IN THE
02:53:26.129 --> 02:53:27.663
DETAIL. AND PART OF GOING
02:53:27.730 --> 02:53:30.099
REVENUE NEUTRAL IS TO BE ABLE TO
02:53:30.166 --> 02:53:31.033
BE THE POSITION I CAN HAVE THAT
02:53:31.100 --> 02:53:32.935
CONVERSATION AND HOPEFULLY
02:53:33.002 --> 02:53:34.170
EVERYBODY NOT SCREAMING AND
02:53:34.237 --> 02:53:35.371
YELLING TO SAY OH MY GOD IT'S
02:53:35.438 --> 02:53:37.073
NOT A GIGANTIC TAX INCREASE.
02:53:37.140 --> 02:53:38.808
WHAT IS IT IS A REDISTRIBUTION
02:53:38.875 --> 02:53:40.610
OF MODERNIZATION?
02:53:40.676 --> 02:53:42.578
TO LIVE TO TO REALLY ALIGN THE
02:53:42.645 --> 02:53:44.714
GROWTH OF CALIFORNIA CONSIST AS
02:53:44.781 --> 02:53:45.915
TAX STRUCTURE WITH THE GROWTH OF
02:53:45.982 --> 02:53:48.017
CALIFORNIA. LOOK YOU PUT IT ON
02:53:48.084 --> 02:53:49.919
THE BALLOT YOU'D BE RIGHT.
02:53:49.986 --> 02:53:51.487
YOU'D WIND RIGHT BECAUSE YOU'RE
02:53:51.554 --> 02:53:53.055
SAYING THE BUSINESSES WILL PICK
02:53:53.122 --> 02:53:54.957
OUR SERVICE TAX PUSH AND YOU
02:53:55.024 --> 02:53:56.392
WILL GET A TWO PERCENT REDUCTION
02:53:56.459 --> 02:53:58.361
AYE YOUR SALES TAX. AND IT JUST
02:53:58.427 --> 02:53:58.895
SO HAPPENS THAT THE POOR
02:53:58.961 --> 02:54:00.463
OUTNUMBERED THE. THE BUSINESS
02:54:00.530 --> 02:54:02.899
OWNERS AND SO THAT'LL PASS
02:54:02.965 --> 02:54:06.102
PROBABLY TWO THIRDS RIGHT.
02:54:06.169 --> 02:54:07.170
I DON'T KNOW WHAT'S PASSED MY
02:54:07.236 --> 02:54:08.271
PAY GRADE BUT THE POINT WILL BUT
02:54:08.337 --> 02:54:09.605
IT'S DIVISIVE RIGHT IT'S IT'S
02:54:09.672 --> 02:54:10.673
SERVED ITS ITS WHY THIS
02:54:10.740 --> 02:54:13.342
DISCUSSION HAS TO BE AROUND. HOW
02:54:13.409 --> 02:54:14.343
DO WE MAKE IT WORK NOT?
02:54:14.410 --> 02:54:16.846
HERE'S THE PROBLEMS
02:54:16.913 --> 02:54:17.780
WHICH NOBODY COMES WHEN THE NEED
02:54:17.847 --> 02:54:19.782
TO HIRE ME MY OLD JOB THEY'LL
02:54:19.849 --> 02:54:20.283
COME AND TELL ME ALL THE
02:54:20.349 --> 02:54:20.950
PROBLEMS.
02:54:21.017 --> 02:54:22.518
WHAT'S THE SOLUTION.
02:54:22.585 --> 02:54:24.020
FIX IT FOR ME.
02:54:24.086 --> 02:54:25.788
WHAT'S THE FIX
02:54:25.855 --> 02:54:27.089
IF THERE'SA PROBLEM BRING THIS
02:54:27.156 --> 02:54:27.990
SOLUTION WITH AND LET'S FIGURE
02:54:28.057 --> 02:54:29.525
IT OUT.
02:54:29.592 --> 02:54:30.560
RIGHT I MEAN IF YOU'RE
02:54:30.626 --> 02:54:32.261
PHILOSOPHICALLY AGAINST ANY OF
02:54:32.328 --> 02:54:33.830
THIS STUFF AT ALL.
02:54:33.896 --> 02:54:35.398
BECAUSE YOU FUNDAMENTALLY THINK
02:54:35.464 --> 02:54:36.699
THAT ALL MY GOD GOVERNMENT IS
02:54:36.766 --> 02:54:37.366
ONLY ALWAYS STICKING THEIR NOSE
02:54:37.433 --> 02:54:39.468
IN THE TENT BUT THE STORES I GET
02:54:39.535 --> 02:54:41.404
THAT THAT'S YOUR. RIGHT TO HAVE
02:54:41.470 --> 02:54:42.939
AN OPINION ABOUT WHAT THAT.
02:54:43.005 --> 02:54:43.706
BUT THAT'S NOT WHAT I'M DOING
02:54:43.773 --> 02:54:46.209
HERE IS AN HONEST ATTEMPT.
02:54:46.275 --> 02:54:48.044
TO START THE DIALOGUE INTEREST
02:54:48.110 --> 02:54:49.812
IN THE ENVIRONMENT I CAME AND
02:54:49.879 --> 02:54:51.514
TOOK THIS JOB BECAUSE I RESPECT
02:54:51.581 --> 02:54:52.114
HIS PLACE AND THAT'S WHAT I'M
02:54:52.181 --> 02:54:52.915
TRYING TO DO.
02:54:52.982 --> 02:54:54.717
WELL SEE NOW I'M TRYING TO FIX
02:54:54.784 --> 02:54:56.319
IT TO SENATOR AND. AND AND I'VE
02:54:56.385 --> 02:54:58.020
GOT A C. E. O. MAGAZINE THAT'S
02:54:58.087 --> 02:54:59.622
TELLING ME THAT CALIFORNIA IS
02:54:59.689 --> 02:55:01.557
NUMBER FIFTY.
02:55:01.624 --> 02:55:03.025
FOR DOING BUSINESS AND IT'S BEEN
02:55:03.092 --> 02:55:04.994
FIFTY F. PLACE FOR MORE THAN
02:55:05.061 --> 02:55:07.163
THIRTEEN YEARS AND I'M SITTING
02:55:07.230 --> 02:55:07.797
HERE THINKING HOW DO I MOVE THE
02:55:07.864 --> 02:55:09.799
DIAL SON TRYING TO. ASK YOU
02:55:09.866 --> 02:55:11.234
QUESTIONS CIVIC OVERNIGHT OF
02:55:11.300 --> 02:55:13.302
THIS WILL THIS HELP BADLY THAT
02:55:13.369 --> 02:55:17.273
WILL HELP US GET TO NUMBER FORTY
02:55:17.340 --> 02:55:20.843
BECAUSE I ACCEPT THE GUILT WE
02:55:20.910 --> 02:55:21.644
DON'T LOOK LOOK LOOK ME E. IT'S.
02:55:21.711 --> 02:55:22.912
ANYTIME YOU HAVE A SUPPLY AND
02:55:22.979 --> 02:55:24.413
DEMAND PROBLEM. IT'S A PAIN IN
02:55:24.480 --> 02:55:26.182
THE*.
02:55:26.249 --> 02:55:27.950
GO BUY A HOUSE THAT'S TWO
02:55:28.017 --> 02:55:29.218
THOUSAND SQUARE FEET. IN
02:55:29.285 --> 02:55:30.987
CINCINNATI.
02:55:31.053 --> 02:55:32.655
AND ASK THE PRICE OF THAT PERSON
02:55:32.722 --> 02:55:34.023
HOUSE IN MALIBU THAT'S TWO
02:55:34.090 --> 02:55:35.591
THOUSAND SQUARE FEET IT'S SUPPLY
02:55:35.658 --> 02:55:37.193
AND DEMAND. THE CHALLENGE YOU'VE
02:55:37.260 --> 02:55:38.527
GOTTEN CALIFORNIA IS SUPPLY AND
02:55:38.594 --> 02:55:40.196
DEMAND.
02:55:40.263 --> 02:55:41.264
ALL OF THESE OTHER DIMENSIONS
02:55:41.330 --> 02:55:43.266
WITH WITH WITH HOUSING ALL THESE
02:55:43.332 --> 02:55:45.001
OF THE COSTS ARE PART OF THAT.
02:55:45.067 --> 02:55:47.103
THE TRUTH OF THE MATTER IS BY I
02:55:47.169 --> 02:55:48.437
DON'T SAY IT'S NOT A PAIN IN THE
02:55:48.504 --> 02:55:49.805
* TO DO BUSINESS HERE BUT THE
02:55:49.872 --> 02:55:51.340
TRUTH IS.
02:55:51.407 --> 02:55:52.942
LAST TIME I LOOKED WE KEEP
02:55:53.009 --> 02:55:54.443
MOVING UP ON THE LATTER IN TERMS
02:55:54.510 --> 02:55:55.578
OF THE GROWTH IN SIZE OF THIS
02:55:55.645 --> 02:55:57.146
ECONOMY NOW THERE ARE DEEP DEEP
02:55:57.213 --> 02:55:59.148
DEEP PROBLEMS WITH RESPECT TO
02:55:59.215 --> 02:56:00.683
POVERTY AND NOT TAKE IT AWAY.
02:56:00.750 --> 02:56:02.218
BUT IT'S IT'S HEAT BY JUST
02:56:02.285 --> 02:56:04.387
ASKING FOR A FAIR DIAGNOSTIC
02:56:04.453 --> 02:56:05.855
WHEN WE LOOK AT THOSE NUMBERS
02:56:05.922 --> 02:56:07.723
AND I THINK THAT WHEN YOU LOOK
02:56:07.790 --> 02:56:09.825
AT THE TOTAL OF TAX. GETTING TAX
02:56:09.892 --> 02:56:12.028
COSTS. EVERYONE OF THOSE CHARTS
02:56:12.094 --> 02:56:13.296
I'VE LOOKED AT FROM ALL THESE
02:56:13.362 --> 02:56:14.697
ORGANIZATIONS LOOKED AT YOUR
02:56:14.764 --> 02:56:16.365
SALES TAX RATE.SO WE'RE GOING
02:56:16.432 --> 02:56:18.834
TO GO WAY UP WHEN WE GO FROM
02:56:18.901 --> 02:56:20.236
EIGHT PERCENT TO SIX PERCENT ON
02:56:20.303 --> 02:56:22.204
A SALES TAX RATE WHEN THEY LOOK
02:56:22.271 --> 02:56:23.105
AT BURDEN. AND WE'LL SEE WHAT
02:56:23.172 --> 02:56:25.274
THAT WILL BOOST THE TRUTH WILL
02:56:25.341 --> 02:56:25.908
BE THE TRUTH WE'LL SEE WHAT THAT
02:56:25.975 --> 02:56:26.475
LOOKS LIKE.
02:56:26.542 --> 02:56:27.777
WITHIN JUST A FEW FINAL
02:56:27.843 --> 02:56:29.345
QUESTIONS MISTER CHAIR. THEM
02:56:29.412 --> 02:56:30.579
FIRST IS SINCE WE'RE GOING TO
02:56:30.646 --> 02:56:33.015
TAKE COSTA MESA SALES TAX RATE
02:56:33.082 --> 02:56:34.550
FROM EIGHT POINT TWO FIVE TO.
02:56:34.617 --> 02:56:37.820
SIX POINT TWO FIVE WHAT PREVENTS.
02:56:37.887 --> 02:56:40.423
THIS STATE OR THE CITIES OR
02:56:40.489 --> 02:56:42.792
ANYONE ELSE FROM ALLOWING BACK
02:56:42.858 --> 02:56:44.427
THAT TWO PERCENT.
02:56:44.493 --> 02:56:46.195
FOR WHATEVER TO PAY FOR THEIR
02:56:46.262 --> 02:56:47.930
PENSIONS OR WHATEVER HOW DO WE.
02:56:47.997 --> 02:56:49.699
HOW DO WE KNOW IT I WONDER FOR
02:56:49.765 --> 02:56:51.600
HOW DO WE PREVENT THAT WE GET IT
02:56:51.667 --> 02:56:52.735
WILL GAIN BUT THAT WE LOSE IT
02:56:52.802 --> 02:56:54.570
JUST WOULDN'T NEXT BILL A THIRD
02:56:54.637 --> 02:56:56.005
QUESTION BUT CONSTITUTION
02:56:56.072 --> 02:56:57.673
CALIFORNIA PROTECTS IT? THAT DID
02:56:57.740 --> 02:56:58.808
ALL THERE IS IS THAT WHAT WE'RE
02:56:58.874 --> 02:57:00.309
DOING IS.
02:57:00.376 --> 02:57:02.211
COLIN PUT IN IT SCREW NOW PUT
02:57:02.278 --> 02:57:04.246
IN THE THE THE FIRST PAGE OF THE
02:57:04.313 --> 02:57:05.815
ANALYSIS WHAT PORTIONS OF STATE
02:57:05.881 --> 02:57:07.216
GETS WERE REDUCING THE STATE
02:57:07.283 --> 02:57:09.285
PORTION. THE LAW THAT ALLOWS OR
02:57:09.352 --> 02:57:10.353
REQUIRES WE'VE HAD A LOT IN THIS
02:57:10.419 --> 02:57:11.821
COMMITTEE WOULD PEOPLE ASSN FOR
02:57:11.887 --> 02:57:12.655
EXCEPTIONS TO INCREASE THE
02:57:12.722 --> 02:57:14.790
PERCENTAGES ARE OVER THE STATE
02:57:14.857 --> 02:57:16.559
NUMBER. THAT THE THAT THE ONLY
02:57:16.625 --> 02:57:17.927
WAY TO CHANGE IT IS A TWO THIRDS
02:57:17.994 --> 02:57:19.829
VOTE RIGHT TO CHANGE HOW MUCH
02:57:19.895 --> 02:57:21.397
MONEY THE STATE CAN TAX ON THE.
02:57:21.464 --> 02:57:23.299
OTHER TECHS WERE REDUCING THAT
02:57:23.366 --> 02:57:26.402
NUMBER BUT AND SO THE IS IS IT
02:57:26.469 --> 02:57:27.903
IS IT FROM MY UNDERSTANDING ALSO
02:57:27.970 --> 02:57:29.238
HAVE IT WRONG THAT THAT I I
02:57:29.305 --> 02:57:30.706
THINK I MIGHT IN THIS IS IS THAT
02:57:30.773 --> 02:57:31.440
THEY'RE NOT GOING TO BE ABLE TO
02:57:31.507 --> 02:57:32.008
DO THAT I THINK IT'S FAIR
02:57:32.074 --> 02:57:33.242
QUESTION. AND THAT'S THE POOL
02:57:33.309 --> 02:57:35.144
PURPOSE INITIALLY WE DRAFTED
02:57:35.211 --> 02:57:37.346
THIS WE CAN ALSO DO A COMMAND BY
02:57:37.413 --> 02:57:39.181
A COMPANION. A CONSTITUTIONAL
02:57:39.248 --> 02:57:40.883
AMENDMENT THAT LIMITED THE
02:57:40.950 --> 02:57:42.618
ABILITY OF ANY LOCALS AND SAID
02:57:42.685 --> 02:57:44.120
THEY CAN'T. INCREASE THEIRS AT
02:57:44.186 --> 02:57:45.654
ALL RIGHT BUT I THINK WE'RE IN
02:57:45.721 --> 02:57:46.922
PRETTY GOOD ROUNDS BUT WILL
02:57:46.989 --> 02:57:50.493
ANALYZE IT'S A FAIR QUESTION
02:57:50.559 --> 02:57:51.560
THAT'S NOT A PURPOSE
02:57:51.627 --> 02:57:52.161
WHAT DO I DO IT THAT'S WHY WE
02:57:52.228 --> 02:57:52.828
THINK. WHO MAYBE THERE WILL BE A
02:57:52.895 --> 02:57:53.829
TAX INCREASE BECAUSE?
02:57:53.896 --> 02:57:55.164
DOWN THE ROAD SOMETHING ELSE
02:57:55.231 --> 02:57:56.866
FILLS THE VACUUM AND THAT'S.
02:57:56.932 --> 02:57:58.567
SO JUST A COUPLE QUICK QUESTIONS
02:57:58.634 --> 02:58:00.736
ABOUT AND I.
02:58:00.803 --> 02:58:02.004
GO TO LIKE THERMOELECTRIC
02:58:02.071 --> 02:58:03.406
ACADEMY AND WRAPPED A SWING TO
02:58:03.472 --> 02:58:05.307
DO A QUICK TIME CHECK AS WE HAVE.
02:58:05.374 --> 02:58:07.076
A BUDGET SUB TO.
02:58:07.143 --> 02:58:10.546
DOUBLE BE UTILIZING AT THIS ROOM
02:58:10.613 --> 02:58:12.548
AT APPROXIMATELY ONE THIRTY.
02:58:12.615 --> 02:58:14.683
AND IN ITS CAN BE BETTER THREE
02:58:14.750 --> 02:58:15.284
TO FOUR HOUR HEARING FOR THEM
02:58:15.351 --> 02:58:16.919
TODAY.
02:58:16.986 --> 02:58:18.587
AND SO I JUST WANT TO A DO GUY
02:58:18.654 --> 02:58:20.056
AND THAT ALTERNATE INTERRUPT IS
02:58:20.122 --> 02:58:21.724
WHEN DO A QUICK TEMPER. SCREEN
02:58:21.791 --> 02:58:23.492
WILL RETURN OVER HE VICE CHAIR
02:58:23.559 --> 02:58:24.794
EXERCISING MORE HOW NO FIND.
02:58:24.860 --> 02:58:27.129
WHEN I WAS SUPERVISOR I DROVE
02:58:27.196 --> 02:58:30.566
MY OWN PERSONAL CAR. I WAS GIVEN
02:58:30.633 --> 02:58:31.200
A AN AUTO ALLOWANCE.
02:58:31.267 --> 02:58:33.302
SO IF I WENT TO THE DEALERSHIP
02:58:33.369 --> 02:58:35.137
TO GET REPAIRS.
02:58:35.204 --> 02:58:37.573
IT IS SET UP BUSINESS CAR
02:58:37.640 --> 02:58:38.641
BECAUSE I GET ENOUGH AND I AM
02:58:38.707 --> 02:58:40.543
NOW AUTO LOANS OR. PERSONAL CAR
02:58:40.609 --> 02:58:41.544
BECAUSE IT'S.
02:58:41.610 --> 02:58:43.212
NOT A COMPANY UNITED COUNTY
02:58:43.279 --> 02:58:44.847
PROVIDES THEM ARE. IT IS
02:58:44.914 --> 02:58:46.549
EXAMPLES EXCEPT WE BUSINESS OR
02:58:46.615 --> 02:58:47.817
NON BUSINESS WEEK SENDS ALL THE
02:58:47.883 --> 02:58:49.251
AUTO REPAIRS WE WORRIED ABOUT
02:58:49.318 --> 02:58:50.653
INSURANCE AND MOST INSURANCE
02:58:50.719 --> 02:58:51.921
COMES VERY TAX UNDER SEPARATE
02:58:51.987 --> 02:58:53.789
CONSTITUTIONAL A PIECE WE TOOK
02:58:53.856 --> 02:58:55.357
THEIR OUT ANYWAY. AND THEN THE
02:58:55.424 --> 02:58:56.692
ISSUE ABOUT AUTO REPAIRS AND
02:58:56.759 --> 02:58:58.027
AUTO DEALERS SWUNG THE
02:58:58.094 --> 02:58:59.528
CONVERSATIONS I HAD THEIR
02:58:59.595 --> 02:59:01.130
EXEMPTS AND IT WHETHER TO BE TO
02:59:01.197 --> 02:59:03.766
BE OR A CONSUMER CAR. WE JUST
02:59:03.833 --> 02:59:05.101
TOOK ABOUT.
02:59:05.167 --> 02:59:06.502
WE TOOK ABOUT BEGIN WHERE WITH
02:59:06.569 --> 02:59:08.270
THE INSTANCES WHERE. PEOPLE
02:59:08.337 --> 02:59:10.072
WOULD BE AFFECTED CHILD CARE
02:59:10.139 --> 02:59:12.475
HOUSING HOMES
02:59:12.541 --> 02:59:13.776
WE DID ONE DISTINGUISH OF THE
02:59:13.843 --> 02:59:14.910
REAL ESTATE INDUSTRY BETWEEN
02:59:14.977 --> 02:59:16.545
RESIDENTIAL HOUSING THAT YOU
02:59:16.612 --> 02:59:18.414
MIGHT OWN VERSE OTHERWISE. AGAIN
02:59:18.481 --> 02:59:20.783
TRYING TO MAINTAIN PROGRESSIVITY
02:59:20.850 --> 02:59:22.218
REDUCE PLACES WHERE THE
02:59:22.284 --> 02:59:24.053
INCIDENTS WAR ON A DAY TO DAY
02:59:24.120 --> 02:59:25.554
BASIS
02:59:25.621 --> 02:59:27.857
TO TO TO KEEP IT AS PROGRESSIVE
02:59:27.923 --> 02:59:28.691
AS POSSIBLE SO THERE'S IT'S
02:59:28.757 --> 02:59:30.159
EXEMPT. NOT A QUESTION
02:59:30.226 --> 02:59:31.160
THANK YOU SOONER HERTZBERG THANK
02:59:31.227 --> 02:59:32.862
YOU MISTER CARROLL ALSO HAVE THE
02:59:32.928 --> 02:59:34.497
REST OF MY QUESTIONS FOR JUNE
02:59:34.563 --> 02:59:36.298
THIRTEENTH IF I'M NOT IN A
02:59:36.365 --> 02:59:37.299
BUDGET COMMITTEE SOMEWHERE HERE
02:59:37.366 --> 02:59:40.336
IN THE CAPITAL.
02:59:40.402 --> 02:59:41.737
EVERY PIECE UNITS WERE LOCKED IN.
02:59:41.804 --> 02:59:44.039
HOW DILIGENCE ROCKIES IN
02:59:44.106 --> 02:59:46.208
COMPARED FOCUS IN A FIRED UP
02:59:46.275 --> 02:59:48.644
PRETTY TO GO SO I JUST WANT TO
02:59:48.711 --> 02:59:49.245
THANK YOU VERY MUCH FOR SUMMER
02:59:49.311 --> 02:59:49.979
LUCK AS?
02:59:50.045 --> 02:59:51.780
AS ALWAYS MY GOODNESS WHAT
02:59:51.847 --> 02:59:52.715
RICHARD OVER THE VICE CHAIR VICE
02:59:52.781 --> 02:59:54.683
CHAIR WYNN FORESHORES ME THINK
02:59:54.750 --> 02:59:56.252
THANK YOU MISTER CHAIRMAN AND
02:59:56.318 --> 02:59:57.553
SENATOR HERTZBERG AYE I DO
02:59:57.620 --> 03:00:00.089
APPRECIATE. THE THOUGHTFULNESS
03:00:00.156 --> 03:00:00.656
IN THE TIME THAT YOU'VE BEEN
03:00:00.723 --> 03:00:01.490
TAKING.
03:00:01.557 --> 03:00:03.192
TO TO WORK ON THIS BILL I KNOW
03:00:03.259 --> 03:00:05.094
THE AND SINCE WE BOTH STARTED
03:00:05.161 --> 03:00:05.661
HERE.
03:00:05.728 --> 03:00:08.330
THOSE FOUR YEARS NOW. AND I'VE
03:00:08.397 --> 03:00:09.932
I KNOW YOU MAY ANSWER SOME OF
03:00:09.999 --> 03:00:10.266
THE QUESTIONS.
03:00:10.332 --> 03:00:11.667
.
03:00:11.734 --> 03:00:13.836
BUT I I JUST. I MEAN I KNOW YOU
03:00:13.903 --> 03:00:15.704
WE TOUCH SPACE WE TOUCH ON THE
03:00:15.771 --> 03:00:19.341
SALES TAX IN THE SURPLUS.
03:00:19.408 --> 03:00:20.509
IN LIGHT OF ALL THAT IS IT
03:00:20.576 --> 03:00:22.545
REALLY NECESSARY I MEAN WE'VE I
03:00:22.611 --> 03:00:23.612
MEAN YOU'RE LOOKING TO THAT
03:00:23.679 --> 03:00:25.014
RIGHT NOW WE'RE LOOKING AT. A
03:00:25.080 --> 03:00:27.750
SALES TAX RECEIPTS OF UP TO
03:00:27.816 --> 03:00:28.384
SEVEN HUNDRED FORTY FOUR MILLION
03:00:28.450 --> 03:00:29.852
DOLLARS.
03:00:29.919 --> 03:00:31.587
CORPORATE TAX REVENUES ARE UP
03:00:31.654 --> 03:00:34.089
OVER TO PUT FIVE BILLION I MEAN
03:00:34.156 --> 03:00:34.957
IS THERE A BROKEN SYSTEM.
03:00:35.024 --> 03:00:37.593
YES.
03:00:37.660 --> 03:00:39.828
YES.
03:00:39.895 --> 03:00:41.330
THE B. PIPE UNDER THE HOUSE IS
03:00:41.397 --> 03:00:43.566
BROKEN THE WATER HAS NOT BUBBLED
03:00:43.632 --> 03:00:45.401
UP YET TO THE LIVING ROOM IT
03:00:45.467 --> 03:00:46.902
WILL HAPPEN BUT DON'T YOU ON A
03:00:46.969 --> 03:00:48.404
COLLISION COURSE.
03:00:48.470 --> 03:00:49.471
BUT DON'T YOU THINK THOUGH I
03:00:49.538 --> 03:00:50.906
MEAN.
03:00:50.973 --> 03:00:52.541
THERE REVENUE FLUCTUATION IS
03:00:52.608 --> 03:00:54.109
DRIVEN BY THE STATE'S DEPENDENCY
03:00:54.176 --> 03:00:56.178
ON INCOME TAXES.
03:00:56.245 --> 03:00:58.747
I MEAN RAISING CELLS TAX.
03:00:58.814 --> 03:00:59.381
WILL IT FIX THIS PROBLEM.
03:00:59.448 --> 03:01:02.585
YES.
03:01:02.651 --> 03:01:04.253
VOLATILITY HAS SOME IMPACT ON IT
03:01:04.320 --> 03:01:05.888
NOT AT THE LEVEL THAT WE WANT
03:01:05.955 --> 03:01:06.822
BUT IT IS I MENTIONED IN THE
03:01:06.889 --> 03:01:08.324
ANSWERS SENATOR MORLOCKS
03:01:08.390 --> 03:01:10.392
QUESTION. WHAT WITH THIS IS A
03:01:10.459 --> 03:01:11.927
STEP FORWARD SON AS BIG AS WE
03:01:11.994 --> 03:01:13.963
WANTED TO TAKE BORE MODIFYING IT
03:01:14.029 --> 03:01:16.799
BASED UPON TRYING TO LE KEEP
03:01:16.865 --> 03:01:18.567
PROGRESSIVITY? PROTECT THE
03:01:18.634 --> 03:01:19.868
MIDDLE CLASS GET SOME CASH IN
03:01:19.935 --> 03:01:20.936
THEIR POCKET.
03:01:21.003 --> 03:01:22.104
PAN THERE WERE ADVERSELY
03:01:22.171 --> 03:01:23.772
AFFECTED BY THE FEDERAL ATTACK
03:01:23.839 --> 03:01:27.309
LEGISLATION. AND STILL GIVE A
03:01:27.376 --> 03:01:28.944
MOST OF THE BENEFIT FROM THE
03:01:29.011 --> 03:01:31.313
FEDERAL TAX LEGISLATION TO SEE
03:01:31.380 --> 03:01:31.880
CORPSE AND THE PASS THROUGH
03:01:31.947 --> 03:01:32.815
ENTITIES.
03:01:32.881 --> 03:01:33.983
SO WE THINK IT'S PRETTY I YOU
03:01:34.049 --> 03:01:36.185
KNOW E. IT IT BECAUSE THE HEART
03:01:36.252 --> 03:01:37.686
PRINTERS THAT'S ABUNDANTLY CLEAR.
03:01:37.753 --> 03:01:39.822
BUT IT ALSO I THINK GETS TO THE
03:01:39.888 --> 03:01:41.523
HEART OF OF A SIGNIFICANT
03:01:41.590 --> 03:01:43.192
PROBLEM AND PUT BEGINS TO PUT US
03:01:43.259 --> 03:01:45.394
ON A TRAJECTORY IN MY JUDGMENT.
03:01:45.461 --> 03:01:47.096
THAT'S IMPORTANT FOR THE GROWTH
03:01:47.162 --> 03:01:50.032
OF CALIFORNIA AS THE ECONOMY IS
03:01:50.099 --> 03:01:51.867
NOW EIGHTY PERCENT SERVICES.
03:01:51.934 --> 03:01:53.702
WELL I.
03:01:53.769 --> 03:01:55.671
I MEAN I'M. AYE AYE YOU SEE THE
03:01:55.738 --> 03:01:57.406
BILL AS REALLY HURTING
03:01:57.473 --> 03:01:59.241
EXPRESSION THIS MALL BUSINESSES.
03:01:59.308 --> 03:02:01.710
AND. EVEN MORE WHEN YOU KNOW THE
03:02:01.777 --> 03:02:03.078
FACT THAT A LOT OF THEM CONTRACT
03:02:03.145 --> 03:02:05.080
FOR THE SERVICES. MEAN YOU'RE
03:02:05.147 --> 03:02:07.049
LOOKING AT BUSINESSES PENA WHAT
03:02:07.116 --> 03:02:08.984
FORTY PERCENT OF THE CELLS AND
03:02:09.051 --> 03:02:10.286
THE TAX AND USE TAXES IN
03:02:10.352 --> 03:02:11.987
CALIFORNIA. I JUST THINK
03:02:12.054 --> 03:02:13.455
TARGETING THEM WHICH IS
03:02:13.522 --> 03:02:15.724
ADDITIONAL COSTS ON SERVICES AYE
03:02:15.791 --> 03:02:17.259
DADDY WOULD JUST DEFINITELY PUT
03:02:17.326 --> 03:02:18.894
THEM EXPRESSION THE SMALL
03:02:18.961 --> 03:02:19.662
BUSINESSES.
03:02:19.728 --> 03:02:21.030
BUT THEN IT AT A HUGE
03:02:21.096 --> 03:02:22.364
DISADVANTAGE ANYWHERE THERE
03:02:22.431 --> 03:02:23.899
ALREADY AT A DISADVANTAGE IN
03:02:23.966 --> 03:02:25.367
CALIFORNIA BEING HERE. BUT I
03:02:25.434 --> 03:02:26.535
THINK THIS IS JUST GOING TO ADD
03:02:26.602 --> 03:02:28.937
TO THAT BURDEN AND I EIGHT YEARS.
03:02:29.004 --> 03:02:30.239
I DON'T KNOW THE BENEFIT WAYS
03:02:30.306 --> 03:02:32.241
OUR.
03:02:32.308 --> 03:02:34.743
THE YOU KNOW.
03:02:34.810 --> 03:02:38.180
BID THE NEGATIVES.
03:02:38.247 --> 03:02:40.015
AND IF IF I CAN.
03:02:40.082 --> 03:02:42.751
MISSED. ó ACTUALLY ONE FOR A
03:02:42.818 --> 03:02:44.553
QUESTION LAST QUESTION FOR.
03:02:44.620 --> 03:02:47.022
IT WE KNOW WHAT THE COSTS IS FOR
03:02:47.089 --> 03:02:48.057
THE STATE TO MINISTER THIS.
03:02:48.123 --> 03:02:50.059
AT THIS TIME.
03:02:50.125 --> 03:02:51.627
WELL INTO TWENTY ISSUES THAT
03:02:51.694 --> 03:02:53.629
THEY MENTIONED IN THE OPPOSITION
03:02:53.696 --> 03:02:56.165
BOMB. YOU KNOW WE ESTIMATE IT'LL
03:02:56.231 --> 03:02:57.700
PROBABLY BE IT IS ABOUT FOURTEEN
03:02:57.766 --> 03:02:59.101
BILLION DOLLARS IN REVENUE THAT
03:02:59.168 --> 03:03:00.869
COMES IN UNDER ESTIMATES AND
03:03:00.936 --> 03:03:02.271
FOURTEEN BILLION DOLLARS A GOES
03:03:02.338 --> 03:03:03.639
OUT WE THINK.
03:03:03.706 --> 03:03:05.107
BROADLY SPEAKING ITALY BUT THE
03:03:05.174 --> 03:03:05.941
HUNDRED AND FIFTY MILLION
03:03:06.008 --> 03:03:07.976
DOLLARS A YEAR. ROUND NUMBERS
03:03:08.043 --> 03:03:08.811
ADMINISTER THIS PROGRAM.
03:03:08.877 --> 03:03:12.648
HOW?
03:03:12.715 --> 03:03:14.850
A VISITOR IT LIKE I SEE HUNDRED
03:03:14.917 --> 03:03:19.021
YOU. SAID HE'S A HUNDRED OF A
03:03:19.088 --> 03:03:19.288
FAMILIAR.
03:03:19.355 --> 03:03:20.456
NO ONE PERCENT.
03:03:20.522 --> 03:03:22.491
AND CAN I ASK I DON'T KNOW IF I
03:03:22.558 --> 03:03:23.559
DON'T KNOW IF THERE'S TO HEAR
03:03:23.625 --> 03:03:25.027
AND. I I THINK I'M JUST CURIOUS
03:03:25.094 --> 03:03:26.795
BECAUSE IT MEANS THERE IS TALK
03:03:26.862 --> 03:03:28.530
ABOUT A FOR THE HOUSING IT THIS
03:03:28.597 --> 03:03:29.965
WILL AFFECT AFFORDABLE HOUSING
03:03:30.032 --> 03:03:31.333
IN THE BUILDING AND CONSTRUCTION
03:03:31.400 --> 03:03:33.168
OF IT NOTES EXEMPT.
03:03:33.235 --> 03:03:34.770
IS THERE A RESIDENTIAL
03:03:34.837 --> 03:03:36.805
PROPERTIES EXISTS RESIDENTIAL IS
03:03:36.872 --> 03:03:39.007
THERE ANY GROUPS OUT. MAY I ASK
03:03:39.074 --> 03:03:41.076
HER ABSOLUTELY.
03:03:41.143 --> 03:03:42.945
I MISS YOU. TOO MAY COME FORWARD
03:03:43.011 --> 03:03:44.179
ESTIMATED NINETY THREE
03:03:44.246 --> 03:03:45.414
INTRODUCING YOURSELF AS WELL AN
03:03:45.481 --> 03:03:47.383
ORGANIZATION.
03:03:47.449 --> 03:03:48.617
THERESA MAY REPRESENTING THE
03:03:48.684 --> 03:03:50.486
CALIFORNIA TAXPAYERS ASSOCIATION
03:03:50.552 --> 03:03:52.121
APPROACHING OUR ARCHITECT OF
03:03:52.187 --> 03:03:53.789
REPRESENTATIVE IS NOT HERE BUT
03:03:53.856 --> 03:03:55.391
IN OUR DISCUSSIONS AND OUR
03:03:55.457 --> 03:03:57.192
ANALYSIS OF THE BILL.
03:03:57.259 --> 03:03:59.328
ALTHOUGH THE CONSTRUCTION ITSELF
03:03:59.395 --> 03:04:01.363
SO PUTTING THE HAMMER TO THE
03:04:01.430 --> 03:04:04.066
NAIL TO BUILD A HOME IS EXEMPT
03:04:04.133 --> 03:04:06.201
FROM THE SERVICE TAX ALL OF THE
03:04:06.268 --> 03:04:07.970
OTHER DESIGN SERVICES THE
03:04:08.036 --> 03:04:09.304
INSPECTION SERVICES THE
03:04:09.371 --> 03:04:11.006
PREPARATION THE LAND. ALTHOUGH
03:04:11.073 --> 03:04:13.842
THE SERVICES THAT ARE CONTRACTED
03:04:13.909 --> 03:04:14.943
AS PART OF THE BUILDING
03:04:15.010 --> 03:04:17.212
CONSTRUCTION ARE NOT EXEMPT AND
03:04:17.279 --> 03:04:18.914
ACCORDING TO THE ARCHITECTS THAT
03:04:18.981 --> 03:04:20.482
IS WHAT WOULD INCREASE THE COST
03:04:20.549 --> 03:04:22.518
OF HOUSING AND THEREFORE MAKE
03:04:22.584 --> 03:04:23.051
CALIFORNIA'S HOUSING LESS
03:04:23.118 --> 03:04:25.754
AFFORDABLE.
03:04:25.821 --> 03:04:27.756
HE'S GOT THE ANSWER. YEAH THAT
03:04:27.823 --> 03:04:28.957
THE TRUTH ABOUT FIRST OF ALL I
03:04:29.024 --> 03:04:30.125
DON'T THINK THAT IT WHICH IT WAS
03:04:30.192 --> 03:04:32.161
ACCURATE I THINK AND IT IN AND.
03:04:32.227 --> 03:04:33.862
IF IT WOULD THE IDEAL WAS DESIGN
03:04:33.929 --> 03:04:35.264
IS NOT THE WORD IS MISSING THE
03:04:35.330 --> 03:04:37.399
WORD. AND YOU WANT TO SAY A WORD
03:04:37.466 --> 03:04:38.500
IS MISSING THIS IS MY POINT
03:04:38.567 --> 03:04:40.736
ABOUT THE HONEST DEBATE HERE BUT
03:04:40.803 --> 03:04:42.104
I'M TRYING TO ENGAGE IN THIS
03:04:42.171 --> 03:04:43.305
DISCUSSION SO INE TAKEN
03:04:43.372 --> 03:04:44.673
AMENDMENT AT THE WERE DESIGNED
03:04:44.740 --> 03:04:47.409
IT CHANGED. NUMBER ONE NUMBER
03:04:47.476 --> 03:04:48.177
TWO WHO IS.
03:04:48.243 --> 03:04:49.778
THEN LET'S HAVE A DISCUSSION TO
03:04:49.845 --> 03:04:52.381
SAY THAT ALL OF THE MATERIAL.
03:04:52.448 --> 03:04:54.183
WHAT'S THE COST OF LABOR WHAT'S
03:04:54.249 --> 03:04:55.584
THE COST OF THE SERVICES FOR THE
03:04:55.651 --> 03:04:56.585
AFFORDABLE.
03:04:56.652 --> 03:04:58.320
YOU'RE PAYING SALES TAX ON.
03:04:58.387 --> 03:04:59.922
NOT ON ON ALL GOODS ALL THE
03:04:59.988 --> 03:05:00.889
PRODUCTS THAT LUMBER THAT THIS
03:05:00.956 --> 03:05:02.257
THE EVERYTHING.
03:05:02.324 --> 03:05:03.659
THAT JUST WENT DOWN BY TWO
03:05:03.725 --> 03:05:05.694
PERCENT ALL I'M ASKING IS TO
03:05:05.761 --> 03:05:07.529
RETAIN SENATOR MORLOCKS
03:05:07.596 --> 03:05:09.364
ACCOUNTING SKILLS. GO DO A
03:05:09.431 --> 03:05:10.833
HOUSING PROJECT AND LOOK AT IT
03:05:10.899 --> 03:05:12.701
LOOKOUT WINS OR LOSES I
03:05:12.768 --> 03:05:13.769
GUARANTEE YOU THEY WANNA
03:05:13.836 --> 03:05:15.103
SERVICES THAT ARE GOING TO GO IN
03:05:15.170 --> 03:05:17.105
THERE AND BE TAXED. NOT DESIGNED
03:05:17.172 --> 03:05:18.674
NOT TO THE TEXAS AYE THAT'S JUST
03:05:18.740 --> 03:05:19.708
IT'S A.
03:05:19.775 --> 03:05:21.109
THAT IDEA OF SAYING ITS NOT PART
03:05:21.176 --> 03:05:22.711
OF IT BUT WE DIDN'T USE THE WORD
03:05:22.778 --> 03:05:25.180
DESIGN IS NOT. AN ISSUE IT'S IT
03:05:25.247 --> 03:05:26.782
IT MISSES THE UNDER TYING
03:05:26.849 --> 03:05:28.851
ARCHITECTURE OF THE IDEA. BUT
03:05:28.917 --> 03:05:30.352
RUN THE NUMBERS HOW MUCH MONEY
03:05:30.419 --> 03:05:31.854
DO THEY SPEND AND NOW YOU JUST
03:05:31.920 --> 03:05:33.622
REDUCE THEIR EXPENSES TO PERCENT.
03:05:33.689 --> 03:05:35.357
SO EVER VIGILANT ONE SIDE OF THE
03:05:35.424 --> 03:05:36.725
TRADE.
03:05:36.792 --> 03:05:37.726
LOOK AT THE BALANCE SHEET AND
03:05:37.793 --> 03:05:38.861
TELL ME WHAT THE NUMBERS ARE
03:05:38.927 --> 03:05:40.762
THAT'S ALL I'M ASKING IN.
03:05:40.829 --> 03:05:42.264
WE THINK IT WE THINK IT BENEFITS
03:05:42.331 --> 03:05:43.432
IF YOU'RE BEFORE WRONG WILL.
03:05:43.499 --> 03:05:44.166
WORK ON IT.
03:05:44.233 --> 03:05:45.200
DIGITAL.
03:05:45.267 --> 03:05:46.969
THANK YOU.
03:05:47.035 --> 03:05:49.371
SLASH LAST QUESTION MISTER
03:05:49.438 --> 03:05:50.906
CHAIRMAN OKRA. THE. YEAH I
03:05:50.973 --> 03:05:53.242
MENTIONED HOW I REALLY BELIEVE
03:05:53.308 --> 03:05:53.809
THAT THIS IS GONNA HURT THE
03:05:53.876 --> 03:05:54.877
SMALL BUSINESSES.
03:05:54.943 --> 03:05:56.645
I'M I'M JUST CURIOUS LIKE WHAT
03:05:56.712 --> 03:05:58.180
ARE THE STEPS THAT THE SELLERS
03:05:58.247 --> 03:06:00.849
OF THE SERVICES MUST UNDERTAKE
03:06:00.916 --> 03:06:02.818
TO COMPLY WITH. YOUR BILL.
03:06:02.885 --> 03:06:04.286
WELL IT'S A FIRST OF ALL SMALL
03:06:04.353 --> 03:06:05.487
SMALL BUSINESS DO ANYTHING THE
03:06:05.554 --> 03:06:07.089
COMPLETELY EXEMPT YOUR NAIL
03:06:07.155 --> 03:06:08.891
SALON IF YOU'RE A BARBER SOME
03:06:08.957 --> 03:06:09.925
MIKE THAT YOU MAKE ON HOW HE
03:06:09.992 --> 03:06:11.326
GOES HUNDRED HUNDRED THOUSAND
03:06:11.393 --> 03:06:13.428
AFTER COMPLY WE JUST. TAKE YOU
03:06:13.495 --> 03:06:15.664
OUT OF THE SYSTEM DAY SECONDLY
03:06:15.731 --> 03:06:16.632
WHAT YOU DO IS.
03:06:16.698 --> 03:06:17.933
YOU LITERALLY GO TO THE STORE
03:06:18.000 --> 03:06:19.034
FOR TWENTY BUCKS AND YOU BUY A
03:06:19.101 --> 03:06:20.903
PROGRAM THAT EXISTS FOR ALL
03:06:20.969 --> 03:06:23.038
FORTY NINE OTHER STATES THAT TAX
03:06:23.105 --> 03:06:24.139
ALL THE THINGS I TALK TO YOU
03:06:24.206 --> 03:06:25.674
ABOUT THAT THEY TAX HERE'S A
03:06:25.741 --> 03:06:27.009
BOOK. LISTING OVER THREE
03:06:27.075 --> 03:06:29.077
THOUSAND THINGS THAT OUR TAX BY
03:06:29.144 --> 03:06:30.045
THE THOSE STATES ARE GIVEN SOME
03:06:30.112 --> 03:06:31.480
SMART GO HROUGH IT. ABOUT WHAT
03:06:31.547 --> 03:06:33.015
THE IMPACTS IN CALIFORNIA ARE.
03:06:33.081 --> 03:06:33.916
BUT.
03:06:33.982 --> 03:06:34.750
YOU FILL OUT THE DEAL WHEN
03:06:34.816 --> 03:06:36.552
SOMEBODY COMES IN AND BUY
03:06:36.618 --> 03:06:38.253
SOMETHING IF IT'S CONSUMER IT'S
03:06:38.320 --> 03:06:40.088
A CONSUMER. IF IT'S IF IT'S
03:06:40.155 --> 03:06:41.857
BUSINESS AND THEY THEY THEY THEY
03:06:41.924 --> 03:06:42.424
BASICALLY THE BOTTOM LINE IS
03:06:42.491 --> 03:06:43.692
THIS.
03:06:43.759 --> 03:06:45.494
IF YOU WANTED TO DUCK DID YOU
03:06:45.561 --> 03:06:47.462
PAY THE TAX IS PRETTY SIMPLE WE
03:06:47.529 --> 03:06:48.797
HAVE A MECHANISM JUST LIKE YOU
03:06:48.864 --> 03:06:50.933
HAVE A RESELLER PERMIT. IF I GO
03:06:50.999 --> 03:06:52.601
TO A STORE AND I WANT TO BUY A
03:06:52.668 --> 03:06:54.036
PART THAT'S FOR MY PRODUCT I'M
03:06:54.102 --> 03:06:56.138
SELLING I GIVE MY RESELLER
03:06:56.204 --> 03:06:58.674
NUMBER. THE RESELL PERMIT ICED
03:06:58.740 --> 03:07:00.409
UP A COMPANY I GIVE MY RESELLER
03:07:00.475 --> 03:07:01.977
PERMIT THEY TAKE DOWN THE NUMBER.
03:07:02.044 --> 03:07:03.378
AND THEY DON'T CHARGE ME SALES
03:07:03.445 --> 03:07:05.247
TAX SAME KIND OF THING WILL DO
03:07:05.314 --> 03:07:05.981
HERE.
03:07:06.048 --> 03:07:08.150
IF I'M A LAWYER AND YOU WALK IN
03:07:08.216 --> 03:07:10.018
MY OFFICE DO STATE PLAN.
03:07:10.085 --> 03:07:11.753
AND IT'S PERSONAL I GO AND SAY
03:07:11.820 --> 03:07:14.489
NO TAX.
03:07:14.556 --> 03:07:17.059
MR MONARCH HAS DE BILL IS
03:07:17.125 --> 03:07:19.595
BUILDING A SKYSCRAPER. AND I GOT
03:07:19.661 --> 03:07:20.195
A DRAFT THE PURCHASE AND SALE
03:07:20.262 --> 03:07:20.696
AGREEMENT.
03:07:20.762 --> 03:07:22.798
IS TAXABLE.
03:07:22.864 --> 03:07:23.799
THE GOVERNMENT COMES IT ON ITS
03:07:23.865 --> 03:07:25.033
MISSION HERTZBERG YOU TOOK IN A
03:07:25.100 --> 03:07:26.368
MILLION DOLLARS YOU'RE TALKING
03:07:26.435 --> 03:07:27.269
THE ONLY REPORTED TAX IN HALF A
03:07:27.336 --> 03:07:28.904
MILLION. WILL USE MY CERTIFICATE
03:07:28.971 --> 03:07:30.872
OF EXEMPTION FOR YOU THAT SAYS
03:07:30.939 --> 03:07:32.741
THIS WAS PERSONAL AND YOU DIDN'T
03:07:32.808 --> 03:07:33.942
HAVE TO COLLECT THE TAX.
03:07:34.009 --> 03:07:34.943
IT'S A PRETTY SIMPLE SYSTEM
03:07:35.010 --> 03:07:36.578
AGAIN VERYTHING THAT WE'VE
03:07:36.645 --> 03:07:38.680
TRYING TO DO HERE. I UNDERSTAND
03:07:38.747 --> 03:07:39.781
THAT YOU KNOW PEOPLE RAISE
03:07:39.848 --> 03:07:41.316
QUESTIONS I GET THAT HAS BEEN
03:07:41.383 --> 03:07:43.619
MODEL ON EXISTING STRUCTURE OF
03:07:43.685 --> 03:07:47.089
HOW. IF TB BOARD OF EQUALIZATION
03:07:47.155 --> 03:07:48.790
CURRENTLY WORKS AND HOW THE
03:07:48.857 --> 03:07:50.325
DEPARTMENT OF FINANCE CURRENTLY
03:07:50.392 --> 03:07:53.362
WORKS IN AN EFFORT TO GET PAST
03:07:53.428 --> 03:07:55.197
THE MECHANICAL ARGUMENTS.
03:07:55.263 --> 03:07:57.332
OF HOW HOW GOVERNMENT WORKS AND
03:07:57.399 --> 03:07:59.167
WILL MAKE THIS THING WORK.
03:07:59.234 --> 03:08:02.771
THANK YOU.
03:08:02.838 --> 03:08:03.572
I THINK IT'S MUCH BETTER VICE
03:08:03.639 --> 03:08:05.674
CHAIR AT GRATEFUL BUT FOR THE
03:08:05.741 --> 03:08:06.241
COMMENTED THINK IS IN A MORE
03:08:06.308 --> 03:08:09.044
LOCK.
03:08:09.111 --> 03:08:11.279
I HAVE SEVERAL. QUESTIONS IN
03:08:11.346 --> 03:08:13.215
COMMON SET UP SAID HERTZBERG I
03:08:13.281 --> 03:08:14.383
HAVE BEEN GOING OVER I'D SAY
03:08:14.449 --> 03:08:16.084
OVER THE LAST WEEK.
03:08:16.151 --> 03:08:19.054
BUT FOR TODAY'S PURPOSES.
03:08:19.121 --> 03:08:21.857
WHAT I WHERE I WOULD LIKE TO BE
03:08:21.923 --> 03:08:23.458
ABLE TO GO IN WHERE I HAD SEEN
03:08:23.525 --> 03:08:24.893
HERTZBERG I TALKED?
03:08:24.960 --> 03:08:26.328
A LEADING INTO TODAY'S HEARING
03:08:26.395 --> 03:08:28.196
OVER THE LAST SEVERAL DAYS.
03:08:28.263 --> 03:08:30.032
IS TO BE ABLE TO HAVE THIS NEXT
03:08:30.098 --> 03:08:31.600
HEARING IN CENTER MORE LOCK.
03:08:31.667 --> 03:08:33.201
MADE A COMMENT EARLIER TODAY
03:08:33.268 --> 03:08:35.237
IMPAIR PHRASE IN AND HOW WE CAN
03:08:35.303 --> 03:08:36.838
DO THAT DEEPER DIVE ON THE ISSUE.
03:08:36.905 --> 03:08:39.474
AND WHAT I AM COMMITTED TO IS
03:08:39.541 --> 03:08:41.243
TO BE ABLE TO GO DEEPER INTO
03:08:41.309 --> 03:08:41.877
THAT AND BRING ALL VOICES AT THE
03:08:41.943 --> 03:08:43.178
TABLE.
03:08:43.245 --> 03:08:45.113
SO PROPOSING A PROCESS AS WE
03:08:45.180 --> 03:08:46.915
MOVE FORWARD HERE JUNE
03:08:46.982 --> 03:08:48.517
THIRTEENTH WOULD BE THAT AT
03:08:48.583 --> 03:08:49.718
FIRST HEARING ON THAT DEEPER
03:08:49.785 --> 03:08:51.286
DIVE
03:08:51.353 --> 03:08:53.355
TODAY. A SENATOR HERTZBERG SHAPE
03:08:53.422 --> 03:08:55.023
THE ISSUE.
03:08:55.090 --> 03:08:56.725
OUR IN REGARDS TO WHERE HE WANTS
03:08:56.792 --> 03:08:58.794
TO BE ABLE TO GO OUT AND.
03:08:58.860 --> 03:09:00.862
WHERE HE WAS FOCUS ON WHAT HE
03:09:00.929 --> 03:09:01.830
BELIEVES IS MORE FAIR AND
03:09:01.897 --> 03:09:03.565
EQUITABLE TAX SYSTEM FOR THE
03:09:03.632 --> 03:09:04.866
CITY CALIFORNIA? IN CARE THEY
03:09:04.933 --> 03:09:06.535
WERE THE TREND HAS BEEN. WE
03:09:06.601 --> 03:09:07.536
HEARD FROM OPPONENTS ABOUT THEIR
03:09:07.602 --> 03:09:09.938
CONCERNS NOT WITH THE PROPOSAL.
03:09:10.005 --> 03:09:12.941
AND ON WE ARE GOING TO INVITE
03:09:13.008 --> 03:09:13.675
THEM TO BE ABLE TO BE AT THE
03:09:13.742 --> 03:09:14.643
TABLE.
03:09:14.710 --> 03:09:17.045
AT OUR NEXT HEARING FOR NEXT
03:09:17.112 --> 03:09:18.580
HEARING JUNE THIRTEENTH ABOUT
03:09:18.647 --> 03:09:20.282
WILL BE INVITING THOSE WHO ARE
03:09:20.348 --> 03:09:23.251
IN SUPPORT. OF THOSE WHO ARE
03:09:23.318 --> 03:09:25.053
OPPOSED TO BE ABLE TO TAKE PART
03:09:25.120 --> 03:09:27.255
AS WE SEE TYPICALLY IN PANELS
03:09:27.322 --> 03:09:29.124
AYE AT THAT AN INFORMATIONAL
03:09:29.191 --> 03:09:31.727
HEARING. BEGIN WILL ALSO ASK THE
03:09:31.793 --> 03:09:34.262
DEPARTMENT OF TAX AND FEE
03:09:34.329 --> 03:09:34.796
MINISTRATION TO BE TO COME
03:09:34.863 --> 03:09:35.063
FORWARD.
03:09:35.130 --> 03:09:36.698
THAT SAID NOT SURE HOW DEEP
03:09:36.765 --> 03:09:37.566
THEY'RE GOING TO BE A DIVE INTO
03:09:37.632 --> 03:09:39.735
THIS AS WE ALL KNOW THERE NEED
03:09:39.801 --> 03:09:40.535
TO BE A TO WORK WITH THE
03:09:40.602 --> 03:09:41.737
ADMINISTRATION ABOUT HOW FAR
03:09:41.803 --> 03:09:43.138
THEY CAN GO. A IN A PUBLIC
03:09:43.205 --> 03:09:44.573
SETTING.
03:09:44.639 --> 03:09:45.440
BUT YEAH I THINK IT'S GONNA BE
03:09:45.507 --> 03:09:46.608
IMPORTANT BEARD HAVE BEEN THE
03:09:46.675 --> 03:09:48.210
TABLE THAT'S OF THAT SENATOR
03:09:48.276 --> 03:09:49.678
HERTZBERG IS ONE IT IS WELL.
03:09:49.745 --> 03:09:52.314
BOB SO. BEGIN WE'RE NOT TAKING A
03:09:52.380 --> 03:09:54.516
VOTE ON THIS BILL TODAY I WANTED
03:09:54.583 --> 03:09:55.450
TO TURN IT OVER TO SENATOR
03:09:55.517 --> 03:09:56.985
HERTZBERG AND THEN END IT WITH
03:09:57.052 --> 03:09:58.487
THIS I JUST WANT TO SAY THANK
03:09:58.553 --> 03:09:59.387
YOU TO SENATOR.
03:09:59.454 --> 03:10:01.890
FOR YOUR WILLINGNESS TO BEAR
03:10:01.957 --> 03:10:04.025
TACKLE SOME OF THE TOUGHEST
03:10:04.092 --> 03:10:05.761
ISSUES THAT FACE OUR STATE.
03:10:05.827 --> 03:10:06.762
I AND YOU HAVE NEVER SHIED AWAY
03:10:06.828 --> 03:10:08.163
FROM THE FIGHT.
03:10:08.230 --> 03:10:09.097
I AND.
03:10:09.164 --> 03:10:12.434
GRATEFUL FOR YOUR WORK ON AND
03:10:12.501 --> 03:10:14.002
AT THIS IS ONE THAT WE'RE GOING
03:10:14.069 --> 03:10:15.837
TO BE TALKING ABOUT FOR QUITE
03:10:15.904 --> 03:10:16.872
SOME TIME.
03:10:16.938 --> 03:10:20.041
HERE AND COTTON LET YOU DO YOUR
03:10:20.108 --> 03:10:21.576
AT CLOSING COMMENT SIR AND AGAIN
03:10:21.643 --> 03:10:24.045
THANK YOU SO MUCH.
03:10:24.112 --> 03:10:25.413
JUST VERY BRIEFLY THANK YOU TO
03:10:25.480 --> 03:10:26.615
THE MEMBERS THANK YOU FOR BEING
03:10:26.681 --> 03:10:28.016
HERE THANK YOU FOR LISTEN AND
03:10:28.083 --> 03:10:29.851
THANK YOU FOR.
03:10:29.918 --> 03:10:31.853
PROCESS IT'S HARD.
03:10:31.920 --> 03:10:33.388
YOU KNOW IT'S LIKE TO SIT HERE
03:10:33.455 --> 03:10:33.955
AND EVERYBODY REACTS THE WAY
03:10:34.022 --> 03:10:36.825
THEY REACT. BUT THE CAUSES JUST
03:10:36.892 --> 03:10:38.226
WE ARE TRYING TO FIGURE IT OUT.
03:10:38.293 --> 03:10:39.394
IS A FAIR QUESTIONS I DON'T
03:10:39.461 --> 03:10:42.230
OBJECT TO ANY AS LONG AS THE
03:10:42.297 --> 03:10:42.864
APPROACH IS TO FIGURE SOMETHING
03:10:42.931 --> 03:10:44.132
OUT.
03:10:44.199 --> 03:10:46.101
BECAUSE I AM CONVINCED THAT.
03:10:46.168 --> 03:10:48.403
YOU KNOW USER DOWNTURN TOURISM
03:10:48.470 --> 03:10:49.938
OF THE PROBLEM.
03:10:50.005 --> 03:10:50.806
ARE YOU KNOW WE'RE GONNA HAVE
03:10:50.872 --> 03:10:52.440
CHALLENGES AND OUR JOB IS TO GET
03:10:52.507 --> 03:10:53.942
AHEAD OF THOSE THINGS AND THAT'S
03:10:54.009 --> 03:10:55.610
WE'RE TRYING TO DO.
03:10:55.677 --> 03:10:58.013
IF IF SOMEONE COULD PERSUADE US
03:10:58.079 --> 03:10:59.514
THAT SERVICE TAX IS NOT THE WAY
03:10:59.581 --> 03:11:01.616
TO GO GIVEN THE GROWTH OF THE
03:11:01.683 --> 03:11:03.685
STATE. WILL ENTERTAIN IT. BUT
03:11:03.752 --> 03:11:05.487
THE UP THE IDEAS HAVE A FAIR AND
03:11:05.554 --> 03:11:07.255
OPEN DISCUSSION ABOUT HOW TO FIX
03:11:07.322 --> 03:11:08.256
THINGS AND HAVE GO IN A
03:11:08.323 --> 03:11:09.925
DIRECTION THAT WORKS.
03:11:09.991 --> 03:11:10.992
BUT FOR WHAT WE'RE TRYING TO DO
03:11:11.059 --> 03:11:12.394
SO THANK YOU FOR YOUR PATIENCE
03:11:12.460 --> 03:11:13.328
THANK YOU FOR TAKING SO MUCH
03:11:13.395 --> 03:11:14.663
TIME AND GIVEN ME SO MUCH TIME
03:11:14.729 --> 03:11:16.064
TO FRAME THIS.
03:11:16.131 --> 03:11:18.533
AND AYE WAY STARTED WHICH IS.
03:11:18.600 --> 03:11:20.202
REALLY TRYING TO FRAME IT IS THE
03:11:20.268 --> 03:11:21.503
GOVERNOR SUGGESTED FOR THE NEXT
03:11:21.570 --> 03:11:23.505
GOVERNOR AND TO BE ABLE TO START
03:11:23.572 --> 03:11:25.473
TO REALLY SCRUB THESE ISSUES
03:11:25.540 --> 03:11:27.142
PASSED THE HARD QUESTIONS BRING
03:11:27.209 --> 03:11:28.410
AS MANY FOLKS WHATEVER IT IS
03:11:28.476 --> 03:11:30.111
MAYBE STELIOS OFFICE OR WHATEVER
03:11:30.178 --> 03:11:32.314
THE CASE MAY BE. TO HELP REALLY
03:11:32.380 --> 03:11:34.516
EXAMINE THIS DEEPER QUESTION
03:11:34.583 --> 03:11:36.751
ABOUT WHAT WE DO. BEEN IN A
03:11:36.818 --> 03:11:38.253
RELATIONSHIP BETWEEN THE PEOPLE
03:11:38.320 --> 03:11:39.821
AND BUSINESSES OF CALIFORNIA AND
03:11:39.888 --> 03:11:42.090
ITS GOVERNMENT AND HOW WE FAIRLY
03:11:42.157 --> 03:11:43.558
ATTACKS THEM IN A PROGRESSIVE
03:11:43.625 --> 03:11:45.694
INTELLIGENT WAY. THAT IS HELPFUL
03:11:45.760 --> 03:11:48.263
FOR CALIFORNIA IN EVERY RESPECT
03:11:48.330 --> 03:11:49.364
I LIKE TO JUST IF YOU HAVE ANY
03:11:49.431 --> 03:11:51.166
THOUGHTS YOU'D LIKE TO ADD TO.
03:11:51.233 --> 03:11:53.001
PICK MY WOULD CERTAINLY OKAY I
03:11:53.068 --> 03:11:54.436
THANK YOU VERY MUCH THANK YOUR
03:11:54.502 --> 03:11:55.971
COMMITTEE MEMBERS AND WILL.
03:11:56.037 --> 03:11:57.505
WILL BE BACK FIGURES TO ATTEND
03:11:57.572 --> 03:11:58.940
A RETURN TO THE FLOOR FOR.
03:11:59.007 --> 03:12:01.710
EQ I JUST WANNA JUST TO CLARIFY
03:12:01.776 --> 03:12:03.411
IDEA TO SENATOR HERTZBERG. NO
03:12:03.478 --> 03:12:04.913
DISRESPECT I RESPECT YOU AND
03:12:04.980 --> 03:12:05.780
LOVE YOU.
03:12:05.847 --> 03:12:07.282
I'M IN THE MIDDLE OF
03:12:07.349 --> 03:12:07.849
APPROPRIATIONS.
03:12:07.916 --> 03:12:10.552
MEMBER MEETING SIDES WANTED ALL
03:12:10.619 --> 03:12:12.988
I WAS DISSING ON TV. AND.
03:12:13.054 --> 03:12:16.758
PAID USE WANT YOU KNOW I WAS
03:12:16.825 --> 03:12:17.993
THERE A.
03:12:18.059 --> 03:12:18.894
HOW MAY BILLS DON'T
03:12:18.960 --> 03:12:20.695
APPROPRIATIONS I DON'T KNOW WHAT
03:12:20.762 --> 03:12:21.529
WE'RE GOING TO MEET LATER?
03:12:21.596 --> 03:12:22.197
BUT I JUST WANT TO LET HIM KNOW
03:12:22.264 --> 03:12:23.765
THAT YOU KNOW WE. YOU KNOW I
03:12:23.832 --> 03:12:24.900
DON'T MEAN ANY DISRESPECT WHEN
03:12:24.966 --> 03:12:26.334
IBM HOUSE VERY GRACIOUS SHOULD
03:12:26.401 --> 03:12:28.136
UNDERSTAND THINK SO MUCH OF OUR
03:12:28.203 --> 03:12:29.504
IN AGAIN THANK YOU TO ALL THE
03:12:29.571 --> 03:12:30.639
GIPSON HERTZBERG THANK YOU TO
03:12:30.705 --> 03:12:32.874
ALL THOSE WHO. WERE HERE TODAY
03:12:32.941 --> 03:12:34.843
IN SPENT TIME OR OPPOSE THE BILL
03:12:34.910 --> 03:12:36.444
WE LOOK FOR TO WORK WITH YOU
03:12:36.511 --> 03:12:37.445
HERE IN THE WEEKS AND MONTHS TO
03:12:37.512 --> 03:12:38.113
COME.
03:12:38.179 --> 03:12:39.814
MEMBERS WHO WHAT WE'D LIKE TO
03:12:39.881 --> 03:12:41.316
BE ABLE TO DO IS.
03:12:41.383 --> 03:12:43.618
ASK MISS LANE CHESTERMERE TO
03:12:43.685 --> 03:12:45.420
OPEN UP THE ROLE. ON TWO
03:12:45.487 --> 03:12:46.688
DIFFERENT BILLS FOR GOING TO
03:12:46.755 --> 03:12:48.890
START WITH THE ITEM NUMBER THREE
03:12:48.957 --> 03:12:50.358
ON ORIGIN DEBT THAT SENATE BILL
03:12:50.425 --> 03:12:52.294
TWELVE THIRTY SEVEN THIS IS A DO
03:12:52.360 --> 03:12:53.962
PASSED APPROPRIATIONS CHAIR BODY
03:12:54.029 --> 03:12:59.167
NO. CURRENT VOTE IS ONE TWO.
03:12:59.234 --> 03:12:59.768
THE SAME GESTURE RECALL VOTE
03:12:59.834 --> 03:13:03.071
PLEASE HERNANDEZ AYE HERTZBERG.
03:13:03.138 --> 03:13:09.044
LARA. NO LARD NO MORE LOCK.
03:13:09.110 --> 03:13:11.947
GEORGE. ITEM. ITEM NUMBER THREE
03:13:12.013 --> 03:13:13.815
SB TWELVE THIRTY SEVEN BATES.
03:13:13.882 --> 03:13:15.383
THE ARMY HAS ON.
03:13:15.450 --> 03:13:17.786
MORE LIKE MORE LIKE I.
03:13:17.852 --> 03:13:19.020
YOU HAVE TO TO.
03:13:19.087 --> 03:13:21.423
THREE
03:13:21.489 --> 03:13:23.558
NOW TO TO. GET HERTZBERG DIDN'T
03:13:23.625 --> 03:13:25.827
SAY ANYTHING QUICKLY THIS BILL
03:13:25.894 --> 03:13:26.061
MYSELF.
03:13:26.127 --> 03:13:28.997
YEAH.
03:13:29.064 --> 03:13:29.864
STICKERS YEAH.
03:13:29.931 --> 03:13:31.399
TWO THREE.
03:13:31.466 --> 03:13:34.002
OH YEAH.
03:13:34.069 --> 03:13:35.937
THE MEMBERS TO AT WE ARE GOING
03:13:36.004 --> 03:13:38.073
TO THAT.
03:13:38.139 --> 03:13:41.276
CALL THIS ONE'S. THE.
03:13:41.343 --> 03:13:43.445
MOTION FAILS.
03:13:43.511 --> 03:13:44.813
THE BILL WILL NOT BE GETTING OUT
03:13:44.879 --> 03:13:46.514
TODAY AT WOULD SOMEONE LIKE TO
03:13:46.581 --> 03:13:48.583
BE A REQUEST RECONSIDERATION.
03:13:48.650 --> 03:13:49.651
BUT WE HAVE A REQUEST FOR
03:13:49.718 --> 03:13:51.486
RECONSIDERATION IN THAT REQUEST
03:13:51.553 --> 03:13:53.788
IS GRANTED THEM THE BILL FAILS
03:13:53.855 --> 03:13:56.458
ON A TWO THREE VOTE.
03:13:56.524 --> 03:13:57.492
MEMBERS WERE NOW GONNA BE MOVING
03:13:57.559 --> 03:14:00.695
ON TO ITEM NUMBER FOUR I SP
03:14:00.762 --> 03:14:02.630
FOURTEEN EIGHTY FIVE.
03:14:02.697 --> 03:14:04.632
DO PASTURE PROCREATION SHARE
03:14:04.699 --> 03:14:07.002
VOTING NO KERN VOTE ONE TO A
03:14:07.068 --> 03:14:09.571
MISS LANE CHESTER. HERNANDEZ
03:14:09.637 --> 03:14:10.972
HERTZBERG.
03:14:11.039 --> 03:14:14.676
LARA KNOW LARA NO MORE LOCK.
03:14:14.743 --> 03:14:16.678
TWO ONE THREE.
03:14:16.745 --> 03:14:18.847
THAT CURRENTLY ENJOYS A ONE
03:14:18.913 --> 03:14:21.082
THREE VOTE THE BILL FAILS WILL
03:14:21.149 --> 03:14:22.384
NOT BEGINNING OUT.
03:14:22.450 --> 03:14:24.686
WOULD TO LIKE TO REQUEST
03:14:24.753 --> 03:14:26.354
RECONSIDERATION.
03:14:26.421 --> 03:14:27.555
I CENTER MORLOCK IS REQUEST
03:14:27.622 --> 03:14:28.857
RECONSIDERATION IN
03:14:28.923 --> 03:14:30.759
RECONSIDERATION IS GRANTED TO
03:14:30.825 --> 03:14:32.560
THE BILL DOES FAIL ON A ONE
03:14:32.627 --> 03:14:34.763
THREE VOTE. I DO WANT TO SAY
03:14:34.829 --> 03:14:36.865
THANK YOU TO THE AYE STAFF TEAM
03:14:36.931 --> 03:14:37.932
FROM GOVERNANCE AND FINANCE FOR
03:14:37.999 --> 03:14:38.900
ALL THE WORK.
03:14:38.967 --> 03:14:41.169
HERE ON THESE MANY SENATE BILLS
03:14:41.236 --> 03:14:44.172
A ESPECIALLY ON TWO DAYS HEARING
03:14:44.239 --> 03:14:45.173
I'M IN ONCE I THINK IT'S IN OUR
03:14:45.240 --> 03:14:46.541
MORE LOCK IN THE REST OF THE
03:14:46.608 --> 03:14:47.208
COMMITTEE FOR ALL THEIR WORK AS
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WELL. THIS MEETING IS ADJOURNED
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WILL SEE IT NEXT WEEK THANK YOU
03:14:52.881 --> 03:15:09.164
SO MUCH. FURNITURE