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View Diary: For our health and our children, No on 32, Yes on 30 (26 comments)

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  •  jeopardy - they already pay 2% (0+ / 0-)

    This would move them to 2.4%. Even AGI's below $7K pay 1% in California. Those are for single tax payers. Joint filers are about twice the single amounts. The current top rate in California is 10.3%. Prop 38 would make our top rate the highest in the US at 12.5%. Prop 30 would raise the top rate to 13.3% or 21% higher than Hawaii, who currently has the top rate of 11.0%.

    "let's talk about that"

    by VClib on Sat Oct 06, 2012 at 03:44:29 PM PDT

    [ Parent ]

    •  get this straight, vcConservative (0+ / 0-)

      Prop 38 would raise taxes on taxable incomes as low as $7,316 a year.  In contrast, Prop 30 raises income taxes only on families earning over $500,000 a year.

      Only one can become law (whichever gets the most votes). That's why many right-wingers are pushing for (and funding) Prop 38.

      do NOT try to carry water for the right-wing here.

      •  jeopardy - well that was a very harsh comment (0+ / 0-)

        when I expressed no opinion on either proposition and just stated a few facts.

        The backer of Prop 38 is a very active Democrat and the supporters of Prop 38 are bipartisan, including the state PTA. Right-wingers are opposed to both and are actively campaigning against 30 & 38. I follow California politics closely and have seen no right wing support for 38.  

        "let's talk about that"

        by VClib on Sat Oct 06, 2012 at 10:44:35 PM PDT

        [ Parent ]

    •  more info (0+ / 0-)

      about the politics of the backing of prop 38:

      Pollsters and political experts are starting to all but write off Proposition 38, the income tax hike measure on the November ballot, putting the focus on whether the campaign's wealthy backer will now set her sights on defeating Gov. Jerry Brown's competing measure.....

      With Proposition 38 struggling, observers are waiting to see if Munger, who has already contributed nearly $30 million toward her campaign, will shift strategies.

      Will she continue to funnel millions of dollars into her campaign, or will she instead start spending huge money on attack ads to defeat Brown's measure? Or will she simply throw in the towel and back Proposition 30 over her measure?

      •  jeopardy - Molly will continue to fund her Prop 38 (0+ / 0-)

        right to the end, but she won't attack Prop 30 or Gov Brown. Munger is a very active Democrat. There is a month to go and the Prop 38 ads are very good. However the outlook isn't good for 38, polling just under 40% and even isn't so good for Prop 30, currently polling at just over 50%. Historically tax increases need to poll about 65% heading into an election to achieve a majority at the ballot box.

        "let's talk about that"

        by VClib on Sat Oct 06, 2012 at 10:37:10 PM PDT

        [ Parent ]

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