California voters are being asked, twice, to increase taxes through ballot measures in November. But Propositions 30 and 38 differ in how much they would raise, and for how long, as well as who those additional revenues would come from.
The 2012-13 fiscal year budget approved by the California legislature was premised on the assumption that voters would approve revenue increases this fall. Without those additional funds, deeper spending cuts will happen automatically. SSU Economics professor Mike Visser details where those further budget reductions would fall.
Those "trigger" cuts would still happen if Proposition 38 passes with more votes than Prop 30. But Visser explains that the net effect on spending for education would likely be close to the same as if Prop 30 were to take effect.
With almost a dozen Propositions on the November 6 ballot in California, there's likely to be considerable voter confusion. In some cases, that's not accidental. Our second report here examines Propositions 31 and 32, again with the help of Mike Visser.