In California, 53.9 percent of voters supported Proposition 30, the ballot measure crafted by Democratic Gov. Jerry Brown that will help balance the state's budget and avoid cuts to state schools and universities. Prop. 30 is expected to generate an additional $6 billion a year in revenue through the fiscal year ending in June 2017, with a smaller sum in the 2018 and 2019 fiscal years. Californians will see their sales-tax rate increase by a quarter of a percentage point. For individuals making more than $250,000 annually or couples making more than $500,000, the income tax rate will also rise, by one to three percentage points.
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Russia's giant spy ship was a high-tech disaster waiting to happen
- What would a U.S.-Russia war look like?
- America created the Islamic State of Iraq and Syria? Meet the ISIS 'truthers'
- 10 things you need to know today: September 2, 2014
- How American businessmen are ruining American business — and the U.S. economy
- The Obama era is over. The presidency continues.
- Fall movie guide: All the films you should see in September
- The 10 best networking tips for people who hate networking
- 11 scientific studies that will restore your faith in humanity
- How to stop misogynists from terrorizing the world of gamers
Subscribe to the Week