Summary and significant points:
“Proposition 101 is a statutory change that reduces the State income tax, various motor vehicle fees and taxes and fees
on telecommunication services. When fully implemented, the provisions of this proposal would reduce State income tax
revenues, State and local revenues from a range of sales taxes and vehicle fees, and State revenues from
telecommunications charges and fees. “ (Sherman & Howard, L.L.C.)
For the complete pdf of this proposition, please Click Here
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