Budget May Revise.
The report is here.
http://www.dof.ca.gov/documents/2012-13_May_Revision.pdf
California does not have enough money to continue the
funding of schools, universities, fire and safety, and social services at their present levels. The Republican Party has consistently
refused to raise taxes. So, the
Republican legislative blocking
has forced the following cuts:
MediCal, child care, Cal Works, Nursing homes, In Home
Supportive Services, Cal Grants ( college tuition), and a forced employee pay
cuts (5%) – such as a 4 day work week.
These cuts are from the current budget. The May Revision provides level
funding for k-12 schools.
If the tax proposals are not passed in November, there will
be an additional $5.6 billion dollars
cut from K-12 schools. These are called trigger cuts. They will be automatic if the
initiative is not passed.
These draconian cuts are imposed because the state will not-
or can not – deal with corporate tax evasions. We know of $10 billion in tax evasions from Apple, and there
probably is a similar tax evasion by Google, Yahoo, and other internet
companies.
California is Not Broke , but corporate tax subsidies
are destroying our schools.
We suffer from two problems: a huge concentration of income
at the very top of the income distribution and a tax system that fails to
tax that concentration. Our tax system asks those with less to
pay more and those with more to pay less.
