Talking taxes…

The passage of Proposition 30 was momentous, for our schools, for our state budget. As the LAO stated yesterday, “The state’s economic recovery, prior budget cuts, and the additional, temporary taxes provided by Proposition 30 have combined to bring California to a promising moment: the possible end of a decade of acute state budget challenges… Our economic and budgetary forecast indicates that California’s leaders face a dramatically smaller budget problem in 2013-14 compared to recent years.”

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