Corporate Interest Behind California's November Tax Proposition
It looks likely that California voters will be presented with the “Two-Thirds Vote for State and Local Revenue Increases Initiative” on the November 6th ballot. The proposition has potentially sweeping implications for our state governments and yet the push to certify and promote the measure is funded by out-of-state corporate interests. Californians may want to tie the fundraising hands of their cities, but they should only vote to do so with their eyes wide open about who is pushing the initiative. The ballot measure is quite complex but has one overriding purpose – to make it more difficult for the state and its local governments to raise revenue. It rewrites major portions of Article XIII of the California Constitution, which governs taxation. Currently, taxes are categorized as either ‘general’ taxes or ‘special’ taxes. General taxes are collected for general use and, after approval by local government, require majority approval by the electorate. Special taxes are collec...