Old tax loopholes live again

Everything old is new again, at least when it comes to punching loopholes in state tax laws to benefit corporate interests.
As noted in a recent column, legislation is moving to re-establish “redevelopment” in California cities, albeit with a new name, just a few years after the program was eliminated.
It’s a way for local officials to subsidize certain kinds of businesses with property tax funds that would otherwise go to schools, thus forcing the state to backfill school