San Francisco Chronicle, March 8, 2011 by Joe Garofoli
http://articles.sfgate.com/2011-03-08/news/28670837_1_sales-taxes-tax-code-corporate-taxes
“It’s certainly going to raise corporate taxes, and it probably will not do any harm to employment in California,” said Alan Auerbach…. “Now whether it falls on wealthy Californians or wealthy shareholders in other states, it’s a little hard to know,” Auerbach said. “So it’s not as transparent as an increase in the top individual rate would be, but it’s certainly a progressive move and one that makes sense.”