| California Propositions June 6, 2006 |
| CALIFORNIA PROPOSITIONS June 6, 2006 by Lorien Loveshade Proposition 81: Public Library Bond Act Summary This act provides for a bond issue in an amount not to exceed a total of six hundred million dollars ($600,000,000) to provide funds for the construction and renovation of public library facilities in order to expand access to reading and literacy programs in California’s public education system and to expand access to public library services for all residents of California. Fiscal Impact: State cost of about $1.2 billion over 30 years to pay off both the principal ($600 million) and interest ($570 million) costs of the bonds. One-time local costs (statewide) of about $320 million for local matching contributions. This sounds like a lot of money, but it really isn't! There's 25 million people in California, and a friend of mine did the math. It would cost $1.60 per person per year! How much do spend in a week renting videos? Is $1.60 too much to pay for a whole year for a free library where you can read and check out books and use a computer and the Internet? And where your little brothers and sisters, nieces and nephews, children and grandchildren can too? I don't think so! Vote yes on Proposition 81! Proposition 82: Public Preschool Funding Initiative Summary Establishes voluntary preschool education for all four-year olds. Funded by 1.7% tax on individual income over $400,000; couples’ income over $800,000. Fiscal Impact: Increased annual revenues of $2.1 billion in 2007–08, growing with the economy in future years. All revenues would be spent on the new preschool program. Some four-year-olds are born in poverty, or have parents who both work, or only have one parent who works. How can they be prepared for school and for life? By this proposition! The only people who would pay are people who make $400,000 by themselves, or $800,000 if they're a couple. If you make that much money a year, you're a multi-millionaire! And they wouldn't be paying very much. The tax on the multi- millionaires is only 1.7%. Is that too much to pay to prepare children for life? I don't think so! Vote yes on Proposition 82! |
| THESE BOTH LOST! DON'T LET GOOD PROPOSITIONS DIE IN NOVEMBER. GO OUT AND VOTE! |
| Copyright by Lorien Loveshade |