Brown Still Likely to Face Rival Tax Measures in November
Friday, March 16, 2012
Aired 3/16/12 on KPBS News.
Despite the compromise between Governor Jerry Brown and backers of a rival tax measure, voters could still see more than one tax initiative on the November ballot.
As soon as Brown announced a compromise with backers of the Millionaires Tax, all eyes turned to Molly Munger. She's the wealthy civil rights advocate self-funding an education tax measure. And she quickly made a statement: a one-and-a-half million dollar donation. The California State PTA supports Munger's initiative. President Carol Kocivar said the governor's deal doesn't change a thing.
"We need to have an initiative that really reflects the values of our voters," said Kocivar, "and one of the things that they're telling us is they want a high-quality education. And that's what this initiative does."
The campaign for another, lower-profile, initiative said it's moving ahead too. It would net the state a billion dollars by closing a corporate tax loophole known as the "single sales factor" - and split it between energy efficiency projects and the state's general fund.