California Gov. Arnold Schwarzenegger has a $16 billion budget deficit dilemma on his hands. He insists he doesn't want to cut education. But he proclaims with equal fervor that he won't raise taxes. So what's a post-partisan governor to do? Close tax loopholes, of course -- possibly including some currently enjoyed by lawyers and other professionals. But is this all just talk, or something more ominous?
Is Schwarzenegger Serious About Taxing Lawyers?
March 25, 2008