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Apparently majority of Californians (lemmy.world)
submitted 6 days ago by to c/california@lemmy.world
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They did a really good job on ads. Don’t look up how much they spent just on fooling the population.

A Simpsons meme saying Won’t somebody please think of the billionaires?
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[–] 5 points 5 days ago (1 child)

Wow that took a while to find exactly their rationale for not supporting it and:

would provide only a one-time revenue boost at a time when California needs ongoing funding to recover from the impact of the federal One Big Beautiful Bill Act,

So it's a 'let the perfect be the enemy of the good' scenario. It's not good enough so better to not do anything in hopes that it will inspire more durable approach.... Ugh...

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  • [–] 4 points 5 days ago* (last edited 5 days ago)

    If it was just that, I would agree, but the problems went deeper than just "it's a start but not good enough"

    The beneficiaries of the fund was a SINGLE union, not the whole state, and there were poison pill provisions ensuring that we couldn't do it again in future, so this would have been a one and done, not a prescident like we all hoped. So basically it was bound to fail to accomplish what we would hope even if it passed and would likely make things more difficult to get an actual tax, instead of just a narrowly applied windfall

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