California Gov. Jerry Brown wants to raise taxes on the rich to pay for education
NEW YORK (CNNMoney) -- Californiansapproved a measure Tuesday that raises taxes on the wealthy and hikes the state sales tax. It is expected to bring in $6 billion a year, on average, over five years.
Proposition 30, which Governor Jerry Brown has lobbied heavily for, captured 54% of the vote. Its approval prevents massive budget cuts to the state's public schools and universities.
http://money.cnn.com/2012/11/07/news...a-tax-wealthy/