Interview with CA Board of Equalization Chair Diane Harkey

Interview with Charter Local Edition

Moderator: You are now the highest ranking Republican in CA

“you are now the highest ranking Republican in this state of California an honor indeed”

State spending has continually escalated

“i watch the way our state has continually just escalated on the spending side there i mean i think when we had the crash grip maybe our state budget or of general fund with 103 billion or something is like 179 now it’s up its way out there although i’m just saying i think that at some point we have to have some economies”

My goal is to get people employed

“my goal the board is to get people employed and working and I really want to see some of those some of those well-paying jobs to stay in the state of California I’m tired of hearing people taking off and going out of state and so you know in as much as tax reform happens a little bit on the federal level that will allow repatriation of dollars look I think that will help tremendous”

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Interview with CA Senate Majority Leader Bill Monning

Notes from Charter Local Edition Interview

focused on sugar sweetened beverages

“we’re focused on sugar-sweetened beverages because of the impact of liquid sugar being the leading source of increased calories in young people’s diet ha and unlike sugar and food which we’re not endorsing but liquid sugars metabolized differently it makes the pancreas and the liver work overtime and it converts that sugar too fat so children who drinks the equivalent of two of these per day increase their likelihood of being acquiring diabetes type 2 preventable diabetes by twenty six percent ”

Wants to put a health warning label on these beverages

“the health safety warning label is designed to inform the choice of parents of teenagers of children of all consumers of these beverages”

A tax has shown to decrease consumption

“every jurisdiction where it’s been implemented they’ve measured a market and measurable decrease in caen some and they’ve used the revenue to promote public education so Mexico elimination imposed this a couple years ago they’ve seen a decline of ten to twelve percent and it was the leading per capita nation for consumption of coca-cola products”

Interview with Jerome Horton, Calif State Board of Equalization

Quotes from Charter Local Edition Interview

Marijuana measures don’t have the right laws in place

“he measures just don’t have the appropriate regulation and laws and other protective citizens”

Prop 64 allows for vertical integration

“64 provides for vertical integration meaning meaning that the cultivator can actually own the distribution as well as the retail I think so it makes it very very complicated ‘

Marijuana tax is going to be 150%

“f you look at the marijuana it’s taxed at a rate now about a hundred and fifty percent so if you sell a 250 thousand dollars worth of marijuana your tax is going to be like 300,000”

We’re going to have a flood of illegal marijuana

“if you add in all the other cause it’s almost impossible to operate in the legal market so what it’s going to do in my opinion brad is going to shift the operation into the black market and I think we’ll have an infestation of illegal marijuana ”

This is a $54B criminal industry that we’re trying to convert into a legitimate operation

“it is a 54 billion dollar criminal industry that we’re trying to convert into a legitimate operation and you just don’t do that by putting the revenue first you do it actually by putting the regulations in place the laws ”

We want to shift the tax up the supply chain to make it easier to tax

“shift the collection of the tax from the 20,000 distributors to the processes in the manufacturers so we have less people that we have to regulate less people that we have to control makes it easier and on the banking side you have 20 30 folks that you have to worry”