On politics in the Golden State
November 7, 2012 | 3:08 pm

Senate leader Darrell Steinberg (D-Sacramento) said Wednesday that his party has captured a supermajority of the upper house if current election results stand, and he plans to use the new power to pursue initiative and tax reform to bring in more revenue for schools and social services.

Steinberg noted that the voters approved Proposition 30 and 39, two initiatives to provide more tax revenue. “I certainly don’t intend to suggest to my colleagues that the first thing we do with our new powers is to go out and seek to raise more taxes,’’ he told reporters at the Capitol. “We can begin investing more when the budget is stable and I think the budget now will be stable.’’

“When we talk about revenue it ought to be in the context of tax reform, about broadening the base, about lowering rates, about creating a more competitive environment for business, and potentially bringing in more revenue,’’ he added.

The Senate leader said he would like to “reinvest” in K-12 schools, higher education, health and human services and the courts.

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