(Sacramento, CA) – Assemblymember Phil Ting (D–San Francisco), Chair of the Assembly Committee on Revenue and Taxation, issued the following statement in response to Governor Jerry Brown’s State of the State address.
“Years of prudent budgeting, voter-approved tax increases, and an improving economy have given our state unprecedented financial stability. This frees us to look boldly to the horizon and create a state with more opportunity and equality. We must ensure that Californians receive the education they need to prosper within an economy more in synch with our planet. Governor Brown outlined exciting initiatives for higher education, infrastructure investment, and clean energy. But we cannot responsibly invest in these goals without first securing stable revenues for the state. With Proposition 30 revenues phasing out in two years, tax reform is vital. We have a 21st Century economy and it's time our tax laws reflect that reality.”