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Californians' tax relief could be short-lived

Dec 30, 2010 3:00:00 AM - latimes.com
Temporary taxes enacted in 2009 are set to expire but some legislators would like to extend them to help balance the budget as the state faces a $28-billion deficit.

The new year is set to bring some financial cheer to roughly 11 million Californians in the form of lower state income taxes and fatter paychecks, but some in Sacramento are considering ways to roll back the tax relief, calling it unaffordable for a state staring at a $28-billion deficit.