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| Elections in California |
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Proposition 55 is a California ballot proposition that passed on the November 8, 2016 ballot, regarding extending by twelve years the temporary personal income tax increases enacted in 2012 on earnings over $250,000, with revenues allocated to K–12 schools, California Community Colleges, and, in certain years, healthcare.[2] Proposition 55 will raise tax revenue by between $4 billion and $9 billion a year.[3] Half of funds will go to schools and community colleges, up to $2 billion a year would go to Medi-Cal, and up to $1.5 billion will be saved and applied to debt.[3]
- ^ "Statement of Vote - November 8, 2016, General Election". December 16, 2016. Retrieved January 7, 2017.
- ^ "Proposition 55. California General Election November 8, 2016. Official Voter Information Guide. California Secretary of State". Legislative Analyst's Office. Archived from the original on 11 October 2016. Retrieved 10 October 2016.
- ^ a b Lagos, Marisa. "Election 2016: Proposition 55". KQED News. Archived from the original on 20 October 2016. Retrieved 20 October 2016.
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