nancy skinner introduced a bill to raise taxes by one percent for those who make more than $500,000 a year. that is about one percent of californians. skinner said the tax hike would raise 2.3 billion dollars. >> it is one percent of the one percent and that would only cost these individuals a thousand or two thousand dollars when they received the 90,000 tax benefit from the feds. >> republicans and ronald reagan and pete wilson raised taxes on the top earners. they vowed not to raise taxs and going to be wealthy californians that support it. >> senior citizens are worried tonight that that work might be cut. there is lay out specifics on the senior nutrition funding. according to city officials, it is the only good meal that seniors will get all day long and without it, the health could deteriorate. >> the program may cost a lot more if they don't have a healthy meal every day and if they don't have socialization. >> senator chuck reed supports continued funding for the program. but the city is facing a short fall in the budget. they are look at what can be scaled down or cut entire

what nancy skinner path bill says is that kind of action is a nexus, and they have to collect sales tax. in terms of the affiliates, that is the deal. the board equalization says that sales tax revenues lost in the state of california is now $300 billion annually. we have been fighting desperate with the northern california independent booksellers association. we have been fighting this in california for 12 years. amazon have been collecting sales tax in the last decade at, let's say, $200 million a year. we would give them credit for not having sold so much 10 years ago. multiply that by 10 years and it is a lot of money. the advantage that amazon and the others have over all the businesses to sought in this room, and i want to get back to that, is basically a 10% price cap, 9.75%. off the bat, they get a 10% better deal. this book business, which is why we get involved -- i used to joke that amazon would soon disappear -- would soon be selling lawn furniture. you can buy a lawn furniture now from amazon. home depot told us the no. 1 seller of barbecues in the united states -- home dep