Here are the key numbers to understand Proposition 30, the most confounding of the California ballot measures.
. On the other: the California GOP and its longtime political nemesis, the California Teachers Association.
And depending on which campaign you believe, this is either a taxpayer-funded handout for a single corporation — or a climate-saving spending package opposed by billionaires who don’t want to pay higher taxes. Or neither. If you’re still undecided on Prop. 30 — or just curious about how it would work — we’ve boiled it down to 15 key numbers.The approximate number of Californians who earned more than $2 million a year in 2019 and would therefore have to pay up if Prop. 30 passes at last count, according to the nonpartisan Legislative Analyst’s Office. Analysts say the number is now probably greater than 40,000. You’ve heard of “the 1%”? This is an even more rarified set than that: The 0.2%.
But for opponents, that narrow source of funding is exactly the problem. The highest earners tend to get the bulk of their money through their investments. Because the stock market and other financial markets soar to higher booms and sink to lower busts than the economy as a whole, the taxes these people pay are15.05%:That doesn’t mean the highest-earning 43,000 will be forking over more than 15% of their entire princely incomes to the state.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
High Stakes: Sports Betting in California, an in-depth look at Prop 26 and 27California voters will decide if and how to legalize sports betting in the Golden State. They are faced with two propositions, which offer two different paths to legalization.
Lire la suite »
What is California Proposition 28 and Why Are Music’s Biggest Names Supporting It?Advocates say the legislation will lead more kids to pursue music business careers while helping diversify the workforce.
Lire la suite »
Voter guide to Proposition 30, EV tax for wealthy people, on the 2022 California midterm ballotCalifornia voters will decide the fate of seven statewide propositions on Nov. 8. Here's what you need to know about Proposition 30.
Lire la suite »
Voter guide to Proposition 31, flavored tobacco ban, on the 2022 California midterm ballotIf approved, Proposition 31 would ban the sale of most flavored tobacco products in stores and in vending machines. Here’s what you need to know about Proposition 31.
Lire la suite »
Top 3 NFL player prop bets for Week 9FrontPageBets takes a look at a terrific trio of props to watch during Sunday's games.
Lire la suite »
Election 2022: This is everything you need to know about Prop 28California voters will decide on seven propositions on the November ballot. Among them, Proposition 28, a measure to guarantee annual funding for arts and music education in public schools.
Lire la suite »