The Buzz: Teachers union calls for tax hike on high-income earners
Published: Saturday, Apr. 2, 2011 - 12:00 am | Page 3A
As Democrats scramble to chart a new state budget course after talks collapsed this week, the California Federation of Teachers is calling for a 1 percent tax hike on high-income earners.
The state still faces a $15.4 billion deficit, and the union estimates the tax hike would raise an estimated $2.5 billion, according to spokesman Steve Hopcraft. The proposal would hike taxes by 1 percent on personal income above $500,000.
To back its efforts, the union commissioned research by pollster Ben Tulchin which shows 78
Read more: http://www.sacbee.com/2011/04/02/3522039/the-buzz-teachers-union-calls.html#ixzz1INbjubav
