Top Ten Reasons To Support the Millionaires Tax
Governor Jerry Brown has been getting a lot of media coverage lately for his efforts to promote his ballot measure which he is selling as a way to stop further cuts to education in the coming years and help solve California’s seemingly eternal budget crisis. While the mainstream media has showered much attention on Brown, whose initiative would temporarily raise taxes on those earning over $250,000 and raise the sales tax on all Californians, very little notice has gone to the Millionaires Tax, which is vastly superior to the governor’s measure for many reasons.
While I have written about the Millionaires Tax in a previous column for the OB Rag and for Labor Notes , it is worth reviewing the central arguments why California voters should support the Millionaires Tax rather than the Governor’s initiative. What are the top ten reasons to support the Millionaires Tax?
1. The Millionaires Tax is a permanent tax increase on millionaires while the Governor’s initiative is a temporary 4-year measure that will not bring in enough revenue to restore the cuts that have been made to education, infrastructure, and vital public services—not here in San Diego or anywhere else in the state.






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