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Wednesday, April 04, 2012

Flush Tax Increase To Cover Up For Bay Restoration Fund Raids, 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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