Comments on: Chevron battles Richmond tax http://www.halfwaytoconcord.com/measure-t/ California Political News, Contra Costa and East Bay Fri, 12 Mar 2010 18:41:17 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Kris Hunthttp://www.halfwaytoconcord.com/measure-t/comment-page-1/#comment-3628 Kris Hunt Sun, 01 Mar 2009 19:04:22 +0000 http://www.halfwaytoconcord.com/?p=6338#comment-3628 The Contra Costa Taxpayers Association and the California Taxpayers’ Association both objected to Measure T when it was put on the ballot by a group of citizens. Tax law is complex and this group did not seek expert legal advice when they drafted it. I asked during a debate and was told they had written it themselves without legal help.This is the first time that a city has sought to circumvent the State Tax and Revenue Code that prohibits a tax on inventory by taxing the value of inventory used in the manufacturing process. There are other legal issues as well, but like all good tax laws, they are both complex and boring.We are delighted that Measure T will be taken to court. Bad tax laws can spread to other jurisdictions in their quest for new sources of revenue. It is better that Measure T be stopped before it has a chance to be adopted elsewhere.Kris Hunt Executive Director Contra Costa Taxpayers Association The Contra Costa Taxpayers Association and the California Taxpayers’ Association both objected to Measure T when it was put on the ballot by a group of citizens. Tax law is complex and this group did not seek expert legal advice when they drafted it. I asked during a debate and was told they had written it themselves without legal help.

This is the first time that a city has sought to circumvent the State Tax and Revenue Code that prohibits a tax on inventory by taxing the value of inventory used in the manufacturing process. There are other legal issues as well, but like all good tax laws, they are both complex and boring.

We are delighted that Measure T will be taken to court. Bad tax laws can spread to other jurisdictions in their quest for new sources of revenue. It is better that Measure T be stopped before it has a chance to be adopted elsewhere.

Kris Hunt
Executive Director
Contra Costa Taxpayers Association

]]> By: jcabothttp://www.halfwaytoconcord.com/measure-t/comment-page-1/#comment-3623 jcabot Sat, 28 Feb 2009 04:52:10 +0000 http://www.halfwaytoconcord.com/?p=6338#comment-3623 I think Richmond desperately needs the Chevron jobs. No wonder these companies are abandoning the U.S. in droves. Instead of cutting corporate taxes (like much of the world), Obama is going to raise them. He wants to destroy the capitalist system.~ EDITOR ADDS -- And as the current system goes down it may well take Richmond and CoCo County with it. Do we have enough lifeboats? I think Richmond desperately needs the Chevron jobs. No wonder these companies are abandoning the U.S. in droves. Instead of cutting corporate taxes (like much of the world), Obama is going to raise them. He wants to destroy the capitalist system.

~ EDITOR ADDS — And as the current system goes down it may well take Richmond and CoCo County with it. Do we have enough lifeboats?

]]> By: Edi Birsanhttp://www.halfwaytoconcord.com/measure-t/comment-page-1/#comment-3622 Edi Birsan Sat, 28 Feb 2009 02:35:02 +0000 http://www.halfwaytoconcord.com/?p=6338#comment-3622 Isn't it amazing that a corporation would object to paying more taxes? I seem to recall all my conservative friends...well friend... OK occasional game buddy telling me over and over again: "Corporations do not pay taxes it is just passed on to the consumer!" Astounding news, I am filled with shock and awe. Isn’t it amazing that a corporation would object to paying more taxes?
I seem to recall all my conservative friends…well friend… OK occasional game buddy telling me over and over again: “Corporations do not pay taxes it is just passed on to the consumer!” Astounding news, I am filled with shock and awe.

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