Lifting Children and Families Out of Poverty Act

TAX THE RICH TO HELP THE POOR: BALLOT INITIATIVE GAINS GROUND

 Photo credit:  Sanfranman59 on Wikipedia

By Miriam Raftery

December 28, 2015 (Sacramento) – Nonprofit groups that help the poor are working to qualify the Lifting Children and Families Out of Poverty Act for the November 2016 ballot.  The Legislative Analyst has estimated that the measure could raise up to $7 billion by adding a property tax surcharge on properties worth $3 million or more.

 


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