Evolution Message Board - Msg: 28143726

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Politics : Evolution

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To: Cautious_Optimist who wrote (26068)

5/14/2012 1:54:27 PM

From: longnshort

Read Replies (2) of 69300

here's why the rich left(lets see the people voting for the rich to pay more so they can get more free stuff, the rich know what the vote will be so they left, smart move Jerry)

Gov. Jerry Brown on Monday proposed a ballot initiative that would ask Californians to raise taxes on themselves.

Facing huge deficits despite $10 billion in budget cuts last year, California needs new tax dollars in order to avoid catastrophic cuts to schools and government services for the elderly, Governor Brown said.

His plan includes a 1 percent income-tax-rate increase for individuals making more than $250,000 per year, and a 2 percent rate increase for those making more than $500,000. It would also increase the state sales tax by half a cent to 7.75 percent.

RECOMMENDED: Why Americans won't raise taxes

In total, at least 10 initiatives that propose tax increases are vying to qualify for the 2012 ballot in California – a sign that the state that led the national tax revolt with Proposition 13 in 1978 might now be considering at least a partial reversal of course.

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