Wednesday, November 7, 2012 – 10:00 a.m.
California residents are on their way to becoming the highest-taxed in the nation.
Proposition 30, a income and sales tax increase proposed by Governor Jerry Brown, was approved by voters Tuesday night.
The measure is estimated to generate some $6 billion in revenue to the state’s general fund and will eliminate threatened cuts to public schools.
Even with new revenue from Prop. 30, California will still operate with a structural deficit.
Filed under: Budget, Campaigns, Education, Elections, Finance, Jerry Brown, Politics, State of California
Admin, I take it you have a problem with the wealthy, who have in fact benefited the most from the government’s largesse, finally being asked to pay a little more to alleviate the financial burden on the schools. Or would you like most Republicans prefer an uneducated populace?
As for my family, we don’t have a problem with having to pay a few more cents in sales taxes to ensure that kids have what they need for a decent education.
As for the structural deficit you mention, all that started with Prop. 13 and the subsequent governance by propositions here in Ca., supported by even more special interests.
i hope more taxes are stuffed into all of the complacent taxpayers…those of you who keep saying “we should do this and do that…” but refused to knock on doors and actively participate in the orocess….YOU DESERVE the rotten hell that the *!@#! liberals sucked the mal-informed LEGAL voters…. participate as a few of us who have been doing 4 of the 7 days of the week for the past year (and then some). yes…i too work more than a full time job so i can re-distribute my wealth to the lzy and swlfish slobs
Get over it! – You are sadly mistaken if you think that the money collected by the increased taxes will go to kid’s education. By the time it trickles down to the classrooms, there will be little left. And the schoolkids will continue to get a sub-standard public education. I gave my child a nice private school education for less than the state spends to educate one child. That included the arts, music and sports. Money isn’t the problem.
$12000 down to $4000…. that is about as efficient as govt gets…the balance goes to “administrators”… you stupid Californian voters (legal and illegal voters) who voted to increase the “temporary” taxes deserve to be suckered. when was the last time a welfare recipient hired 6 or more employees? (except dope peddlers and pimps)
Why the hell should i work hard so i can have the opportunity to pay for the eelfare slobs?
Boy, by the irrational ranting and foaming at the mouth that these Anonymous posters are exhibiting after these election results one would think the voters who exercised their rights were nothing but stupid, lazy, selfish, illegal aliens, dope dealers and pimps on welfare who voted.
This craziness is why you Republicans are soon to be an extinct species.