Source brief· Taxes & IRS
What to know about California’s other tax-the-rich measure: Prop. 3
In summary Voters first passed the tax in 2012, then renewed it in 2016. Now, its supporters are asking voters to make it permanent before it expires in 2031. If Proposition 3 looks familiar, it’s because this is the third time the income tax measure has appeared on California ballots. But this time might be the last.
Source attribution
- CalMattersCarolyn Jones
Original source links
- CalMatters: Original source