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Thursday, June 30, 2016

UC Not Included

As you may know, Prop 30's temporary sales and income taxes will be expiring. There will likely be a proposition on the November ballot to extend the income tax piece of Prop 30. The Legislative Analyst's Office refers to it as the Tax Extension to Fund Education and Healthcare. However, as the LAO points out in a recent report to the legislature, "education" in this proposition means K-14. UC is not included. You may be for the proposition or against it. But you shouldn't view UC as a direct beneficiary of the funds raised.

An LAO report on the proposition is at: 
http://www.lao.ca.gov/handouts/Econ/2016/Tax-Extension-Fund-Education-Healthcare-Initiative-Constitutional-Amendment-62916.pdf. The text of the proposition is at:
http://www.oag.ca.gov/system/files/initiatives/pdfs/15-0115%20%28Temporary%20Tax%20Increase%29_0.pdf.

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