California Proposition 38

PROP 38 WOULD RAISE TAXES ON ALL EARNING OVER $7,312 TO FUND EDUCATION AND REDUCE STATE’S DEBT

By Thea Skinner

October 10, 2012 (San Diego's East County)--Proposition 38 would raise income taxes to fund K-12 education.  he measure differs from Prop 30, the Governor’s education funding initiative also on the ballot, in several key ways. 

Prop 38 increases taxes on low and middle income earners as well as those with higher incomes, while Prop 30' sincome tax raise targets only the wealthy. Prop 38 imposes restrictions on how education funds can be spent. Prop 38 is limited to K-12 funding, while Prop 30 also includes community colleges. Prop 38 raises taxes over a longer time period.