Yes on California Proposition 55

A Yes vote will continue the tax increase previously approved via Proposition 30. Our experience to date shows that persons in the higher tax brackets are now more nearly paying their fair share of state income taxes. And the positive effect on California’s fiscal status has been phenomenal.

Just look at these solid year-over-year gains in both personal and corporate income tax revenue:

Personal Corporate (numbers are in billions of dollars)

FY 2011 54.261 7.233

FY 2012 64.484 7.783

FY 2013 66.522 8.107

FY 2014 70.238 8.910

Despite all evidence to the contrary, there are some who want to roll...