Wednesday, 24 October 2012

News Headlynes: eSchool News: Prop 30 and 38 broken down, in pictures and charts

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eSchool News: Prop 30 and 38 broken down, in pictures and charts
Oct 24th 2012, 14:18

eSchool News
Just another eSchool Media site
Prop 30 and 38 broken down, in pictures and charts
Oct 24th 2012, 13:33

When Californians hit the voting booths Nov. 6, they will be choosing between two initiatives that will drastically affect how the state’s struggling public schools will be funded, the Huffington Post reports. To more clearly and concisely explain the difference between the proposals, our friends at education nonprofit EdSource has put together infographics that lay out Prop 30 and Prop 30. Prop 30, sponsored by Democratic Gov. Jerry Brown, would raise income taxes by 1 to 3 percent over seven years for those earning $250,000 or couples jointly filing returns for more than $500,000. The plan would raise about $6 billion annually, $2.9 billion of which would go to K-12 schools and community colleges in the first year. Prop 38 is championed by millionaire civil rights attorney Molly Munger and would increase state income taxes for all Californians over 12 years

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