millionaire's tax

On today’s Your Call, we'll have a conversation about the compromise measure that would increase the state sales tax and income taxes on California’s highest earners. Governor Brown and his allies must collect more than 800,000 signatures by mid-May to qualify for the November ballot. Who will benefit if this tax initiative passes and who will be left behind? Do you support it? It's Your Call, with Rose Aguilar and you.

Guests:

Mark Paul, journalist and the co-author of California Crackup: How Reform Broke the Golden State and How We Can Fix It

What's in a name? After a controversy over competing tax initiatives on the November ballot, Governor Jerry Brown has renamed his tax plan after one of the competing plans. The Governor’s tax is now called the “Millionaires’ Tax,” the name of the now-defunct plan proposed by the California Federation of teachers. But it begins taxing individual income at $250,000...