This is what I wrote yesterday regarding Prop 24.
PROP 24: Repeals recent legislation that would allow businesses to lower their tax liability initiative statute.
During
budget negotiations this past year, California created new tax laws
that would allow businesses to save money. The debate is over whether
this benefits small business or fat cat corporations. Does this save the
state budget or drive business/jobs away from California? Eliminating
those tax breaks would bring in $1.3 billion to the state which would
most likely, in turn, go to our schools. That's a good thing. I'd also
like to point out that MAJOR funding for the "No on 24" campaign has
come from Viacom, Time Warner, and other big corporations. Obviously,
they stand to benefit. However, almost all newspaper editorials have
come out against Prop 24, as have a lot of genuine small business
owners. This has already been in effect for two years, I guess a few
more years can't hurt. NO on 24.
However, I'm still in debate over this Prop. A lot of very liberal organizations whom I normally agree with have come out in support of Prop 24. We're talking the ACLU, American Federation of Teachers, League of Women Voters, plus about a million Democratic and LGBT organizations.
So what to do? I think I may just encourage this household to cancel each others' votes out on this one.
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