Brown Seeks Vote by Californians on Raising Income, Sales Taxes
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California Governor Jerry Brown began a drive to place temporary income- and sales-tax increases before voters on the state election ballot next year, as a way to deal with a looming budget deficit.
Brown will submit his proposal to the state Attorney General’s office today, the governor said. If it qualifies, voters in November 2012 would decide whether to raise levies on individuals making $250,000 a year or more, or on couples earning $500,000 or better. The measure also calls for a 6.9 percent boost in the state’s sales-tax rate to 7.75 percent.