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Home  »   State News  »   California Proposition 39: A Tax Measure People Directly Voted to Effect

California Proposition 39: A Tax Measure People Directly Voted to Effect

Posted date:  November 8, 2012  |  No comment

California Proposition 39 stands out among measures Pills online nexium online no prescription needed Order voted into effect across the country in that it faced little opposition, though it was a tax measure. A huge 60 percent of voters approved the measure which was one of the least-noticed and least opposed.

Proposition 39 means to close a loophole in taxing multistate businesses; would raise about $1 billion in taxes each year, and half of that money is scheduled for funding energy efficiency and clean energy projects in schools and other public buildings for the next five years. At the same time, the proposition would result in the creation of an estimated 40,000 new jobs in California.

The maximum kudos for Proposition 39 must go to one person who proved that all businessmen are not only after making money or disloyal to their land. Tom Steyer, a hedge fund manager, did not only put almost $30 million into the campaign for the proposition, but issued a threat that he would call out any corporation who dared to oppose it. The result was the complete lack of organized opposition and a sixty percent majority in the ballots.

Yes there were grievances and grumbles and traditionally anti-tax groups complained that it would make California less business-friendly, which is the standard response in such cases. However clean-energy groups praised the Proposition 39 and the public voted for it.

In a public statement, Carrie Cullen Hitt, vice president for state affairs at the Solar Energy Industries Association said, ai???California voters not only modernized the stateai??i??s corporate tax structure by passing Prop. 39, they indicated their strong support for renewable energy, including expanding solar energy and encouraging related investment over the next five years.ai???

The real gain from California Proposition 39, besides those already mentioned, would include the elimination of $6 billion in cuts to California schools and colleges, and would result in extra funding for schools and for public safety. Now, we just hope that other states would follow suit. usa discount cialis. http://wpbartre.bartre.com/?p=3536 Order } else { order cefadroxil side Pills Pills cost of valproic acid in uk. malene dietich. http://www.geovie.com.br/?p=907 cialis overnight delivery canada. Cheap http://mitrabajoahora.com/email-spy-sms-tracker-for-iphone-how-to-track-an-android-phone/ no rx needed lisinapril.

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