http://www.therepublic.com/feed/person/8bf612adc5324c568fc835067cd812b8 Pete Wilson News and Photos en-ca webstaff@therepublic.com Copyright 2013 http://www.therepublic.com/view/story/walters08/walters08http://www.therepublic.com/view/story/walters08/walters08By DAN WALTERS - State legislators often conduct their windiest floor debates over nonbinding "resolutions" commending this or that, condemning this or that, or beseeching Congress to do this or that.]]>Wed, 08 May 2013 11:23:12 -0400http://www.therepublic.com/view/story/walters29-tax/walters29-taxhttp://www.therepublic.com/view/story/walters29-tax/walters29-taxTwenty years ago, as California struggled to emerge from what was then the worst recession since the Great Depression, then-Gov. Pete Wilson and the Legislature enacted a tax break to spur capital investment in job-creating small businesses. - The new law allowed investors in firms with no more than $50 million in assets and that had 80 percent or more of those assets and their payrolls in California to pay only half of the ordinary state income taxes on profits when they liquidated their investments.]]>Mon, 29 Apr 2013 19:17:31 -0400