Wednesday, February 15, 2012

Governor Brown Tax Initiative

There are a few initiatives coming up in the near future. Governor Brown's initiative proposes a temporary income tax increase for the next 5 years on high earners. 1% on those making $500,000-$600,000, 1.5% on $600,000-$1,000,000 earners, and 2% on those making more than $1,000,000. This measure is expected to generate $7 billion a year. This money would be placed in an education protection account for pre-K -12 education and community colleges. Keep an eye open for ways to get involved in the next election.

1 comment:

  1. Check out your current issue of California Educator to learn more about this initiative.

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