Tuesday, October 23, 2012

Prop 38: NO!

Prop 38 is the tax increase initiative that is in direct competition with Governor Brown’s Prop 30. Prop 38 increases personal income tax rates on annual earnings over $7,316 using sliding scale from .4% for lowest individual earners to 2.2% for individuals earning over $2.5 million, for twelve years. During first four years, it allocates 60% of revenues to K–12 schools, 30% to repaying state debt, and 10% to early childhood programs. Thereafter, it allocates 85% of revenues to K–12 schools, 15% to early childhood programs. Prop 38 provides K–12 funds on school-specific, per-pupil basis, subject to local control, audits, and public input and prohibits state from directing new funds. If the CTA and other teachers unions truly cared about their students and schools, then Prop 38 would be the tax increase to support. But their motives are very transparent by supporting Prop 30; it is clear they are “in bed” with Governor Brown. The good news for taxpayers is that the more tax increases there are on a ballot, the less likely it is that any of them pass.

Here is what happens in the unlikely case that both Props 30 and 38 pass. Our state constitution says that if two or more ballot measures conflict, as these two do, the measure that has the most “yes” votes is the one that will go into effect. Prop 30’s language states that if it receives more “yes” votes, then Prop 38 will not go into effect. Prop 38’s language states that if it receives more “yes” votes, then Prop 30 will not go into effect and Governor Brown’s $6 billion trigger cuts to education will take place. Let’s make sure both of these unnecessary tax increases fail!
__________________

OFFICIAL REPUBLICAN VOTER GUIDE
TOM MCCLINTOCK ON THE PROPOSITIONS
All of our posts on the Propositions