Tagged: taxes

California Governor Jerry Brown’s November tax measure is drawing some of its strongest opposition from small business groups. Ben Adler reports from Sacramento on how some small businesses would be affected by Proposition 30.

James Wright owns part of a small business in Los Angeles County that manufactures manhole covers – with about 10 million dollars in sales. Wright doesn’t take anywhere near that much home to his family. But he does have to pay personal income taxes on company profits … using money from the business itself.

The battle between two rival tax measures on California’s November ballot is heating up. As Amy Quinton reports from Sacramento, Proposition 38 proponent Molly Munger has released a new TV ad blasting Governor Jerry Brown’s tax initiative, Proposition 30.

Despite Munger spending more than $30 million  on her tax measure, until now the campaign for Proposition 38 has avoided mentioning Proposition 30.

But Munger’s latest ad criticizes the Governor’s competing tax initiative, saying it allows politicians to take money away from schools.

Election Day is still weeks away, but voting in California actually begins this week as counties send out vote-by-mail ballots. Today, we kick off our look at the 11 statewide measures Californians will decide this fall – and we begin with Governor Jerry Brown’s tax initiative, Proposition 30.

The campaigns for two rival tax measures on California’s November ballot each have new TV ads going on the air. That includes the first ones in support of Proposition 30, Governor Jerry Brown’s sales and income tax initiative.

“Join California teachers to restore school programs and reduce class sizes.”

Some of the Prop 30 ads feature teachers, while others, feature Governor Brown like this one:

“For the students and for California’s future, vote Yes on 30.”

Several make this claim:

It’s often said that Labor Day marks the traditional kickoff to campaign season.  And as California voters begin to turn their attention now to the 11 statewide ballot measures this fall, one initiative is by far drawing the most attention.

Proposition 30 is Governor Jerry Brown’s bid to raise the sales and income taxes to help close the state’s festering budget deficit. The governor has a big fundraising advantage – and he’s managed to keep some powerful opponents on the sidelines. Mark DiCamillo runs the non-partisan Field Poll, and he says Prop 30 holds a steady lead.