Zombies are everywhere these days. They’re on popular TV shows. They’re in the movies. They’re in our nightmares. But what many Californians don’t know is that zombies are a primary reason of our ongoing budget crisis.
Yes, that’s right. We call them Zombie Loopholes, and they’re devouring our state’s budget.
Today, the California Labor Federation launched a new website to highlight the devastating impact that budget-killing corporate tax breaks are having on our state. ZombieLoopholes.com brings a number of wasteful corporate tax breaks that are bleeding our state of billions each year out of the shadows so the public is aware that they’re contributing to deep budget cuts to school funding, services for seniors and public safety.