Walters: Business groups, lawmakers battle over measure to limit California tax hikes

The California Legislature has placed its own measure on the November ballot that, if passed, would require the business tax limit measure itself to get two-thirds voter approval.

Two years ago, California’s two most authoritative polling organizations, UC Berkeley’s Institute of Governmental Studies and the Public Policy Institute of California, asked residents about their tax burdens andHoping to leverage popular resistance to tax increases, business and anti-tax groups led by the California Business Roundtable have qualified aproposed via initiative require only simple majority votes.

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