Ballot measure: Proposition 38
The measure would raise income taxes by 0.4 to 2.2 percentage points, depending on how much you earn, to fund education.
Molly Munger, who is supporting Proposition 38, on Tuesday launched a 30-second television ad that supports her initiative while attacking a competing tax measure called Proposition 30.
What's the charge?
The ad claims that Sacramento politicians would collect the money from Proposition 30 and prevent it from going to schools, while the money from Proposition 38 would be used to support schools.
Is it true?
The ad is misleading. While some of the revenue from Proposition 30 would help balance the state budget, most of it would prevent K-12 and higher-education cuts, including nearly $6 billion in pending education reductions this year. The ad doesn't mention one other thing: While most of Proposition 38's revenues would be spent in schools, at least 30 percent of it would go toward state debt relief for the first four years.
-- Mike Rosenberg