Free Republic

Proposition 40 — the billionaire wealth tax — had the support of about 43% of ballots cast as of 8:33 p.m, according to preliminary returns from the California Secretary of State. The Associated Press estimates about 41% of votes had been counted. There are also two billionaire-backed measures on the ballot — Propositions 41 and 42 — that would void the tax if either wins majority support; those measures would also need to surpass Prop. 40 in votes to have that impact.

Prop 30: Your Wallet or Your Kids. NO Either approve $36 billion in higher sales and income taxes or else Gov. Brown threatens to shoot the schools. Don't worry, the income taxes are only on the "very wealthy," but it turns out the "very wealthy" include many small businesses filing under sub-chapter S, meaning lower wages, higher prices and fewer jobs. California already has one of the highest overall tax burdens in the country and yet has just approved a budget to spend $8 billion dollars more than it's taking in. Moral of the story: it's the spending stupid. Prop...

November 2012 Statewide Ballot Measures Proposition 30 Initiative Constitutional Amendment 1578. (12-0009) - Final Random Sample Update - 06/20/12 Temporary Taxes to Fund Education. Guaranteed Local Public Safety Funding. Initiative Constitutional Amendment. Qualified: 06/20/12 Proponent: Thomas A. Willis c/o Karen Getman (510) 346-6200 Increases personal income tax on annual earnings over $250,000 for seven years. Increases sales and use tax by ¼ cent for four years. Allocates temporary tax revenues 89 percent to K-12 schools and 11 percent to community colleges. Bars use of funds for administrative costs, but provides local school governing boards discretion to decide, in open meetings...

<p>SAN JOSE - The mystery of "Rosebud" is solved.</p> <p>The secret donor who gave $1 million to the campaigns to pass California's last two parks bonds is Caroline Getty, a Southern California heiress to the Getty oil fortune and a longtime environmental philanthropist.</p>