OPINION: Raising the White Flag to the “Tax and Spend” Interests Behind Prop. 55

There is no significant resistance to Prop. 55 and that should be worrisome. Business and taxpayer groups simply signaled the white flag on Prop. 55 while promising the fight future tax increases. And what has the driven the Yes on 55 campaign to raise nearly $60 million? California’s growing pension debt.

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