The $6 billion question
October 10, 2012
On November 6, voters will have some important choices to make—and here in California, the vote on Proposition 30 is as crucial as they come.
The Board of Supervisors voted this week to formally support Prop. 30, a temporary but essential measure that would avert devastating cuts in education by raising personal income taxes for our state’s highest earners—those making more than $250,000 a year—for seven years, while increasing sales taxes by ¼-cent for the next four years. If approved, Prop. 30 would bring in an estimated $6 billion a year, with 89% of that going to K-12 education and 11% to community colleges.
The measure, put forward by Gov. Jerry Brown, also includes something that’s especially important to all of us in Los Angeles County: a local funding guarantee for state-imposed public safety realignment programs. This guarantee means that the state can’t send thousands of prisoners into Los Angeles County without providing us with the funds required to deal with the influx, and all the resulting public safety issues that go along with it.
Clearly, Prop. 30 is not an ideal solution. Raising taxes, even temporarily on those most able to afford the increase, is never fun. But this is a far-from-ideal situation we’re dealing with here.
Sacramento’s fiscal mess has been decades in the making, and deep spending cuts are needed to dig out of the hole. Prop. 30 aims to offer some relief on the revenue front.
This election is so important on so many levels. As you prepare to cast your ballot, I urge you to take the time to learn more about this proposition.
Here is a link to the motion I co-authored with my colleague, Gloria Molina, along with the analysis from the state Legislative Analyst, posted on the Secretary of State’s website for the November election.
And if you haven’t registered to vote, there’s no time like the present. You can even do it online, thanks to a pilot program by our county Registrar-Recorder. Just click here.