View source for Props 2010/24/

= PROPOSITION 24 -- CORPORATE TAXES = 
''Repeals recent legislation which lowered corporate taxes by allowing businesses to shift operating losses to prior tax years; expanding the time in which losses can be shifted; allowing businesses to share tax credits with affiliated corporations; and allowing multi-state companies to use a sales-based income calculation rather than one based on property, payroll, and sales.  Major funding support provided by California Teachers Association ($2.2 million).  Major opposition funding provided by Fox Group, Time Warner, CBS, General Electric, Cisco Systems, Amgen, Walt Disney Company, and Genentech, Inc.''
== Argument ==

== Recommended Position ==
Yes/No/No Position

[[Props 2010/]]