What Is Prop 30? - Los Angeles Local News | FOX 11 LA KTTV

What Is Prop 30?

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According to the California Voter Guide, Prop 30:

"Increases taxes on earnings over $250,000 for seven years and sales taxes by ¼ cent for four years, to fund schools. Guarantees public safety realignment funding. Fiscal Impact: Increased state tax revenues through 2018–19, averaging about $6 billion annually over the next few years. Revenues available for funding state budget. In 2012–13, planned spending reductions, primarily to education programs, would not occur."

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