Flush tax increase makes up for raids of Bay Restoration Fund, some say
As the lid closes on the 2012 legislative session, lawmakers will likely double the flush tax from $30 to $60 to cover a projected $385 million shortfall in the Bay Restoration Fund, but some lawmakers say the tax hike aims to cover repeated raids on the fund that triggered a downgrade by Moody’s Investor Service 14 months ago.
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