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Proposition 30, officially titled Temporary Taxes to Fund Education, is a California ballot measure that was decided by California voters at the statewide election on November 6, 2012. The initiative is a measure to increase taxes to prevent US$6 billion cuts to the education budget for California state schools.[2][3] The measure was approved by California voters by a margin of 55 to 45 percent.
Proposition 30 provides for a personal income tax increase over seven years for California residents with an annual income over US$250,000, to be implemented retroactively starting January 1, 2012 through the end of 2018.[4] The measure also provides for an increase in the state sales tax by 0.25 percent over four years (from January 1, 2013 through December 31, 2016).[3]
The sales tax increase expired as planned at the end of 2016. The higher income tax rates were extended for 12 years through the end of 2030 with the passage of Proposition 55 in 2016.[5]
- ^ "Statement of Vote" (PDF). California Secretary of State. Retrieved January 14, 2016.
- ^ Megerian, Chris (November 7, 2012). "Voters approve Brown's tax measure, Proposition 30, AP says". The Los Angeles Times. Retrieved January 14, 2016.
- ^ a b Abdollah, Tami (November 7, 2012). "Prop. 30 winning; what's next for schools, taxes". KPCC. Retrieved November 10, 2012.
- ^ Cite error: The named reference
textwas invoked but never defined (see the help page). - ^ Kasler, Dale (December 30, 2016). "A tax cut for Californians? Yes, really". The Sacramento Bee.
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