The State - News from Dec. 11, 1986

California legislators were urged by the public interest lobby Common Cause to bring the state’s income tax system into partial conformity with the new federal tax law, but to avoid the kind of tax breaks the federal measure provides to special interests. Common Cause board member Brad Sherman told a Sacramento press conference that the state should follow the federal law in taxing capital gains at the same rate as other income, provide relief for low-income taxpayers and eliminate the tax shelters. But, he said, there should not be “special tax breaks” for such industries as oil and mining and for numerous individual companies and projects.