Proposition 30 had an 8 percentage point lead Wednesday morning, with 99 percent of precincts reporting. Seventy-two percent of voters handily rejected a rival measure, Proposition 38. Brown’s tax measure has been his central focus since his election two years ago and will have major implications for the state’s finances. If it had been defeated, nearly $6 billion in automatic spending cuts, falling almost entirely on public schools, would have been automatically enacted under the budget approved by lawmakers earlier this year… “I know some people had some doubts, had some questions – can you really go to people and ask them to raise their tax?” Brown said. He added that he believes California is the only state where voters said, “Let’s raise our taxes for students, for our schools, for our California dream.”

Read full article [here].
by Wyatt Buchanan, The San Francisco Chronicle.

Posted: November 7th, 2012, by: admin. Categories: . Awaiting Comments.