Millionaires

Taxes and pension reform

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Our friends at CalBuzz, who are almost always right, have a point when they say that the right wing is going to use the lack of comprehensive pension reform against Jerry Brown's tax measure in the fall. That's unless the Legislature does something productive in August, which is always a challenge.

But whenever I hear this kind of analysis, I think about some of the political campaigns I've seen -- the tobacco tax is an excellent example -- and I wonder: Will it really make a difference?Read more »