California’s Proposition 55 proponents are blasting the airwaves with this political ad – aiming to convince voters that the state can’t cut education funding again.
The ad starts with footage of students and teachers moving backwards as a narrator reminds us of the “devastating cutbacks.” But the tone changes as we see teachers share why Prop 55 is good for California.
“Prop 55 prevents $4 billion in new cuts to our schools,” elementary school teacher Reagan Duncan explains.
“No new education cuts and no new taxes,” Ryan Ruelas, a high school teacher, adds.
Prop 55 would extend this increase from 2012 by 12 years – keeping the personal income tax increase on earning over $250,000 for single filers. However, the tax itself doesn’t increase. The tax is expected raise $4 to $9 billion according to Legislative Analyst’s Office.
Roughly half of this amount would go to K-12 schools and community colleges, while health care, budget reserves and debt payments would receive up to about $3.5 billion a year depending on the economy.
The ad also claims that the measure will prevent $4 billion in cuts, but, as the Sacramento Bee explains, it relies on “an optimistic assumption about how much Proposition 55 will raise” and if California has “good economic years.”
Click here to learn about the pros and cons of this California measure.
The ad starts with footage of students and teachers moving backwards as a narrator reminds us of the “devastating cutbacks.” But the tone changes as we see teachers share why Prop 55 is good for California.
“Prop 55 prevents $4 billion in new cuts to our schools,” elementary school teacher Reagan Duncan explains.
“No new education cuts and no new taxes,” Ryan Ruelas, a high school teacher, adds.
Looking Into California’s Prop 55
In 2012, California voters approved a tax increase with Prop 30 that was only going to be a temporary fix.Prop 55 would extend this increase from 2012 by 12 years – keeping the personal income tax increase on earning over $250,000 for single filers. However, the tax itself doesn’t increase. The tax is expected raise $4 to $9 billion according to Legislative Analyst’s Office.
Roughly half of this amount would go to K-12 schools and community colleges, while health care, budget reserves and debt payments would receive up to about $3.5 billion a year depending on the economy.
The ad also claims that the measure will prevent $4 billion in cuts, but, as the Sacramento Bee explains, it relies on “an optimistic assumption about how much Proposition 55 will raise” and if California has “good economic years.”
Click here to learn about the pros and cons of this California measure.