Saturday, July 27, 2013

SACRAMENTO PROGRESSIVE ALLIANCE: California Taxes the rich to pay for schools

SACRAMENTO PROGRESSIVE ALLIANCE: California Taxes the rich to pay for schools:

California Taxes the rich to pay for schools



Yes on 30 Steve Rhoades
The Yes on 30 campaign won higher taxes for rich Californians, winning 55 percent to 45 percent. Even though polling showed that people were willing to vote for higher taxes on the rich, the governor kept talking about "shared sacrifice." Photo: Steve Rhodes.
“There is no alternative to austerity,” insist the rich, along with their politicians, foundations, think tanks, and media.
They’ve been saying it for decades. “Taxes are bad,” they also claim. “Government doesn’t work. And public employees are greedy.”
Consequently, common wisdom had it that “you can’t raise taxes.” Even people who should have known better believed this—while the public sector slid down the tubes.
So how did Proposition 30 succeed? This measure, passed by voters last November, raises $6 billion a year for schools and services—in California, a supposedly “anti-tax” state. The money comes mostly through an income tax hike on rich people, along with a tiny sales tax increase of ¼ percent.
The story should be better known, because with the right