November 2012 Election, California, Proposition 30

Vote Recommendation: No

I am not of the opinion that the government needs any more money to misuse. I also don't like the concept of the income tax.

See: November 2012 Election, California

Details

Temporary Taxes to Fund Education. Guaranteed Local Public Safety Funding.

Initiative Constitutional Amendment

Summary

Increases taxes on earnings over $250,000 for seven years and sales taxes by ¼ cent for four years, to fund schools. Guarantees public safety realignment funding. Fiscal Impact: Increased state tax revenues through 2018–19, averaging about $6 billion annually over the next few years. Revenues available for funding state budget. In 2012–13, planned spending reductions, primarily to education programs, would not occur.

External Resources

• Voter Information Guide - Secretary of State
• Official Title and Summary - Secretary of State
• Analysis - Secretary of State
• Arguments and Rebuttals - Secretary of State
• Text of Proposed Law - Secretary of State
• California Proposition 30 - Ballotpedia