POLITICSCALMATTERS
This high-income tax was pitched as ‘temporary.’ California voters can ensure it stays that way
An income tax on California's highest earners, which passed in 2012, will expire in five years unless voters approve making it permanent through Proposition 3. Anti-tax advocates caution that making temporary taxes permanent is poor policy, while proponents argue the measure is needed to ensure ongoing funding for education and healthcare.
Mentioned
Related Signal
Adjacent reporting
- Proposition 3 sustains California schools. Losing the high-income tax would be devastating
- California’s billionaire tax measure risks long-term growth for a sugar-high solution
- California billionaire tax will appear on ballot after deadline for deal passes
- As ballot deadline nears, will California’s billionaire tax actually go to voters?
- California voters will consider a measure in November to raise taxes on billionaires