Governor Schwarzenegger says California’s notoriously volatile boom and bust budget cycles could be brought under control if officials adopt the recommendations of his Commission on the 21st Century Economy. We look at the commission’s long-awaited recommendations for changing the state’s tax structure, and what it could mean for taxpayers.
Guests:
Gerald Parsky, chairman of the Aurora Capital Group and chair of the Commission on the 21st Century Economy
Christopher Edley Jr., dean of UC Berkeley's Boalt Hall School of Law
Darrell Steinberg, senator representing California's 6th District and president pro-tempore of the California State Senate
Loren Kaye, president of the California Foundation for Commerce and Education, a non-partisan think tank affiliated with the California Chamber of Commerce
Art Pulaski, chief officer and executive secretary-treasurer for the California Labor Federation
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