Who Supports Prop. 1A and Wants You to Pay Higher Taxes?

There are several organizations that actually benefited from the budget "deal" struck back in February, including the whole cabal of powerful special interests that profit from higher spending. These organizations and interests are now trying to preserve the special treatment they received by working for the passage of Proposition 1A.

Among them is the California Teachers Association, which was guaranteed an additional $8 billion of education spending if both Propositions 1A and 1B pass. (Unfortunately, those costs will be borne by future generations starting in 2012.)

Major corporations also benefited from elements of the budget negotiations, such as influential Hollywood interests (little surprise how that happened given who is our governor) that received $500 million in special tax credits.

Also, multinational corporations, represented by groups such as the California Chamber of Commerce, California Taxpayers Association and the Small Business Action Committee, were successful in getting long-sought-after favorable tax treatment for corporations that conduct business both in and out of California.

THE CALIFORNIA DREAM TEAM
This is Governor Schwarzenegger's campaign committee. Contributors include many business interests for whom the governor has done favors. Learn more about "Dream Team" funding.

Learn more about Proposition 1A:

An Urgent Message From Jon Coupal
Overview - Vote No on Proposition 1A
Learn the facts about Proposition 1A
Deception, fraud and a $16 billion tax increase
What other tax propositions are on the May 19 ballot?
Who supports Prop. 1A and wants you to pay higher taxes?
Who is the Opposition Coalition fighting Prop. 1A?
What can you do to fight Proposition 1A?

This page is sponsored by No New Taxes, No on Prop. 1A, A Project of the Howard Jarvis Taxpayers Association.