#prop39

[changethelausd]

Who Will Step In To Help These Students?

With allegations of harboring a bullying culture and enabling sexual misconduct, will anyone hold the NVMI charter school accountable?

[prop39-blog]

No on Prop 39?

According to SFGate website “California needs to fix a corporate tax system that gives an undue break to out-of-state companies”. However Proposition 39, which would direct about half of the extra $1 billion in yearly revenue to energy-efficient tasks, corrupts a very good idea (tax reform) with a very bad one (ballot-box budgeting).So, as we can see there are many people that disagree and would rather vote no on prop 39. However Prop 39 doesn't raise a company's taxes if a business gets more employees or builds new factories in the state. Instead it encourages companies to move employees and property out of states that still tax them.

Even though the opponents say that all proposition Prop 39 is doing is raising taxes. However supporters of Prop 39 say that it will close a tax “loop-hole” that currently prizes different businesses for taking jobs out of California and, for tax purposes, treats out-of-state companies the way California-based businesses are treated. According to SFGate what it does is:

      Under present law, multistate businesses pay income taxes based on a percentage of their sales in the state or a method that includes their property holdings, staff and sales.

       Prop. 39 would base a company's income tax liability only on its sales in California.

       For the first five years, about half of the estimated $1 billion in additional annual revenue would be dedicated to energy-efficient projects at schools and other public buildings.

                                              Magali Mendoza