This November, Sacramento politicians are asking voters to increase their taxes with a yes vote on Proposition 30. The politicians say that if you vote yes on these tax increases, it will help balance the budget, prevent further cuts to schools and fund local public safety. They threaten us with further cuts to education if we do not vote yes.But while threats of further cuts are being made, they are increasing their spending, preventing real reforms to the budget, pensions and spending, and not properly managing the money they currently have. Staff members have recently received a salary increase at an annual cost of $4.6 million.
Proposition 30 will increase taxes by $50 billion. The sales tax for all Californians will increase by more than $1 billion every year and will become the highest in the nation. Income tax for individuals and small businesses (3.8 million of them that file as individuals) will increase by up to 32 percent. In return, voters get no reform.
via No on Prop. 30: Don’t reward legislators with more tax money