CALIFORNIA – Newsom Veto Lets California Cities Share Sales Tax With Amazon, Other Retailers

Gov. Gavin Newsom vetoed a bill that would have barred California cities from striking tax-sharing deals with retailers like Amazon and Apple, finding that rural communities rely on the agreements to spur employment.

The legislation aimed to end what state Sen. Steve Glazer, D-Orinda, called a “perverse” tax incentive in which he said cities hand “billions of dollars in tax revenue to private corporations” who otherwise don’t need the financial break.

For the Full Story: The Sacramento Bee

the sacramento bee
by hannah wiley
october 13, 2019