State Treasurer Lockyer Says He'll Cast Ballot for Governor's Revenue Plan to Protect Schools, Local Public Safety
State Treasurer Bill Lockyer is the latest in a growing list of public officials who are standing width the California Teachers Association and millions of working women and men to support Gov. Jerry Brown's November ballot measure that would stave off additional devastating cuts to public schools and local police and other protection services.
The governor's "Schools and Local Public Safety Protection Act of 2012" would raise $9 billion annually -- more than $6 billion of it for K-12 schools, the community colleges, and the state's university systems -- by boosting income taxes on California's wealthiest families, those earning more than $500,000 annually. The initiative would also temporarily boost the state's sales tax by a quarter of one percent.
"I'm voting for the governor's tax proposal," Lockyer told members of the Sacramento Press Club Thursday, according to the Sacramento Bee's
David Sider. "The cuts to education if it doesn't pass are so severe that it will injure our ability to produce an informed citizenry and workforce that we need for the future of California, so I'm a 'yes' vote."
To read more about the state treasurer's comments, see Sider's State Treasurer Bill Lockyer says he's a "yes" on Jerry Brown's tax measure
For more information about the "Schools and Local Public Safety Protection Act of 2012," see Protect Schools and Public Safety