Yes
on Prop. 30
|
No
on Prop. 38
|
|
Impact
on CSU
|
CSU
avoids a $250 million trigger cut.
Students receive $498 tuition refund. Provides revenue for future faculty bargaining. |
Does
nothing for the CSU system, students, and faculty.
|
Helps
Balance State Budget
|
Expected
to generate over $7 billion annually and will balance the state budget by paying
back debt to education.
|
Expected
to contribute $1.5 billion in 2012-13 and $3 billion thereafter to pay back
state general obligation bond debt for only four years.
|
Prop.
98 Impact
|
All
funding will go through the state’s general fund and helps repay the money
owed to public education.
|
These
funds cannot be used to support the Prop. 98 guarantee and do not help pay
back what is owed to public education. Creates another state
special fund.
|
Who’s
Taxed?
|
Families
with incomes over $500,000 and 0.25% increase in sales tax rate. The income
tax increase focuses on high earners.
|
Income
taxes are raised on all income levels for almost all Californians. It will be
a significant hit to the middle class.
|
Attractive
to Broad Coalition
|
Education,
labor and business support Prop 30 as it helps balance the state budget by
paying down the wall of debt and providing funding for public education.
|
Due
to a narrow focus on K-12 and early childhood education, higher education and
other essential services are left out.
|
Showing posts with label Prop.38. CFA.. Show all posts
Showing posts with label Prop.38. CFA.. Show all posts
Sunday, October 21, 2012
Comparison, Prop. 30 and 38
Subscribe to:
Posts (Atom)
