Candidate Tom Steyer in mailers. and TV ads claims that he closed a tax loophole that shortchanged California schools by over $ 10 billion per year
In other TV ads , he often claims that this act benefited California schools at least a cumulative $ 3.2 billion
It is accurate that In 2012 Steyer and his staff did organize an imitative campaign to close an out of state corporate tax loophole. Prop. 39
John Steyer did not give California Schools $ 3.2 Billion. What he did do in 2012, was to endorse and helped to fund an initiative campaign Prop.39.
Dozens of other organizations supported the campaign. Most of the education unions and several public service unions as well as community groups put people into the campaign. The California voters passed the initiative with a 60 % vote.
But, Steyer did not save the money. The voters of California, when educated and organized, saved the money. Note; funds from the Proposition no longer go to the schools, but to the California General Fund
I wonder if the other claims by Steyer are as overstated as this one ?
See also the prior correction on immigration.
See Here.
https://www.youtube.com/watch?v=SntyYRugBgY&t=1224s
Repeating a slogan over and over on television, media and mailings does not make a claim true. It only makes it repeated.
Duane Campbell
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