Confident that Californians will tax themselves to send more money to their local schools, Molly Munger is preparing for “a big air war” – extensive TV advertising to persuade voters to pass Proposition 38.
The Los Angeles attorney is bankrolling the “other” education initiative, one that would raise personal income taxes by $10 billion to fund K-12 and early childhood education. From the start of the campaign, Munger’s initiative has been trailing in the polls behind Proposition 30, Gov. Jerry Brown’s ballot measure to raise $6 billion from sales tax and the income tax on wealthy Californians. Munger has donated $20 million to the campaign so far and won’t say how much more she’ll spend.