Yes on Prop 3

[Brad Forschner]

A “yes” vote supports amending the state constitution to indefinitely extend the top marginal tax rates (ranging from 10.3% to 12.3%) set to expire in 2031 on single filers earning at least $361,000 or joint filers earning at least $721,000, with 89% of revenue allocated to K–12 schools and 11% to community colleges.

David Goldberg, president of the California Teachers Association:

“People have shown us time and time again that they know that investing in our students, our communities, and educators is one of the best investments we can make as a state. Frankly, they also are blown away by income inequality we have in the state. … If we do not pass this, it actually is a tax cut for the wealthiest Californians.”

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