Secretary of State No.
INCOME TAX. INITIATIVE STATUTE. Amends and repeals sections of Revenue and Taxation Code relating to rates of taxation and exemptions to define taxable income and set income tax rates and exemptions for every type of taxpayer except corporations not directly controlled by fewer than fifty shareholders. Prohibits expense in the nature of personal deduction and disallows tax credit of any nature.
California Foundation For Economic Justice, 76 Third Street #725, San Francisco, California 94103 Telephone: (415) 362-9210; Mr. Patrick H. O'Shaughnessy, 76 Third Street, No. 725, San Francisco, California 94103; Ms. Bunny Roth, 317 Tenth Street, San Francisco, California
Failed to Qualify
Income Tax California Initiative 104 (1974).