Makes permanent existing voter-approved tax rates for individuals earning over $371,000 (adjusted annually for inflation). Allocates tax revenues to public education. Fiscal Impact: Maintains $5 billion to $15 billion of annual state income tax revenue by making a temporary tax increase on high-income earners permanent instead of letting it expire in 2031. Supporters: California Teachers Association; CA School Nurses Organization; California State PTA; Planned Parenthood Affiliates of CA Opponents: California Taxpayers Association; Family Business Association of California; California Hispanic Chambers of Commerce
Chart depicts total fundraising by all committees primarily formed for and against Prop 3.Totals are updated daily with contributions from Power Search
and adjustments from the most recent Political Reform Division analysis.
Showing the 10 largest contributions to committees formed primarily for and against Prop 3 in the election cycle when it appeared on the ballot. Contributions in earlier election cycles and contributions between allied committees are excluded. For more information on funding for ballot measure campaigns, visit the Power Search
campaign finance search engine.
A YES vote on this measure means: An income tax increase on high-income earners in place since 2012 would become permanent instead of expiring in 2031.
A NO vote on this measure means: An income tax increase on high-income earners in place since 2012 would expire in 2031.
For background on Proposition 3, an analysis by the legislative analyst, endorsements for and against the measure, and more...
PROPOSITION 3 PROTECTS OUR SCHOOLS AND HEALTHCARE WITHOUT RAISING YOUR TAXES. Prop. 3 prevents a massive tax cut for millionaires and billionaires by maintaining the current tax rates the wealthiest 2% have paid for 15 years and requires strict accountability and audits to ensure school funding gets to classrooms. Vote YES.
Californians already pay the nation’s highest income, sales, and gas taxes—and have the highest cost of living. Prop. 3 makes temporary income taxes permanent while Sacramento wastes billions on failed programs instead of voters’ priorities. Don’t reward failure. Fix spending first before making taxes permanent. No on Prop. 3.