Thursday, September 20, 2012

annotated bib

http://vig.cdn.sos.ca.gov/2012/general/pdf/30-title-summ-analysis.pdf

"Qualified Statewide Ballot Measures." - Elections & Voter Information. N.p., n.d. Web. 20 Sept. 2012. <http://www.sos.ca.gov/elections/ballot-measures/qualified-ballot-measures.htm>.


As most of us know California has a very large amount of dept. Prop 30 is an attempt to try to have California get a 6 billion dollar budget bump so it will be easier to pay for government provided programs. Prop 30 also guaranties that local governments will get some of the revenues so they can fund programs as well. As of now the current sales tax is a little over eight percent but prop 30 will raise the sales tax by one quarter of a cent for every dollar of stuff people buy. This sales tax rate would be good for four years. It would be enforeced in 2012 and would end in 2016

The new tax will also affect Personal Income Tax and would raise it from one percent to nine point three percent but only one specific income brackets. (which translates to how much people make.) The more money you make the more you will be taxed and will be deposited into the state’s General Fund. Also to those who make over a million dollars they will be taxed an extra one percent.

If these taxes don’t go into effect the California government will have no choice but to cut funding for certain government funded things such as schools. Because we have such a huge amount of dept. it isn’t possible for the government to be able to fund the money to keep these programs. And no programs meansl ess education.
http://closetheloophole.com/
"Close the Loophole." Close the Loophole. SFWeekly, 4 Jan. 2012. Web. 20 Sept. 2012. http://closetheloophole.com/.
Prop 13 was passed in 1978. What this law basically states is that property values are frozen at the year the owner bought the house and it can only be changed when people sell the home. According to the people from this wed site prop 13 is hurting seniors and the poor because they cannot afford the taxes that go along with the home and if they choose to sell the home it will be worth only what it was in 1978 even though inflation and other financial factors have changed.
 
Egelko, Bob. "Prop. 13 Stays Intact, at Least for Now | Politics Blog | an SFGate.com Blog." Prop. 13 Stays Intact, at Least for Now | Politics Blog | an SFGate.com Blog. SFGate, n.d. Web. 20 Sept. 2012. http://blog.sfgate.com/nov05election/2012/07/26/prop-13-stays-intact-at-least-for-now/.
According to this most of our states woes are to be blamed on pro 13 from 1978. The problem is that because these old properties cannot be taxed they are hurting us all and making it very unfair for wealthier people to by these properties that are not at current market vaule.
"Temporary Taxes to Fund Education. Guaranteed Local Public Safety Funding." League of Women Voters of California Education Fund. N.p., n.d. Web. 20 Sept. 2012. http://cavotes.org/vote/election/2012/november/6/ballot-measure/temporary-taxes-fund-education-guaranteed-local-public-safety-funding.
This article states that not only would the sales tax, and personal tax be raised as well as the corporation income tax. These temporary tax increases would help balance our budget without having to have mandatory spending reductions. If this doesn’t pass there will be “trigger cuts” that will automaticly happen if this fails to pass. Voting no on this will mean that mostly educational programs will be cut and that would take place this year if it doesn’t pass.
The people who say it will pass say it’s our only saftly net for public education and is the only real solution for our states budget. They also not that these taxes are temporary and will only be for vital services.
Opponents only sound like but holes who do not propose anything other than cuts to programs. There argument is that instead of making reforms to spending public school only wants to spend out of control which they are not doing they are only trying to educate children many who are poor and will be hardest hit by a no on prop 30
 

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