A Clear State Funding Mechanism Is Needed
Your Sept. 26 editorial, “A Hijacked People’s Right,” criticizes Proposition 63, which would fund efforts to assist mental health by taxing those who earn more than $1 million a year.
California clearly has problems raising revenue. It is difficult for the Legislature to raise funds because of the ridiculous two-thirds vote requirement that necessitates votes of stubborn “caveman” Republicans. The usual funding method on the ballot is the bond measure, but taxpayers end up paying back the bond twice since they fork over interest payments to bankers for decades. Also, an increase in debt can hurt our state’s bond rating.
Why not have a clear funding mechanism getting funds from those who clearly have sufficient resources, so we don’t have to burden the increasingly squeezed middle class for decades to come.
Bruce Campbell
Los Angeles
More to Read
Get the L.A. Times Politics newsletter
Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox three times per week.
You may occasionally receive promotional content from the Los Angeles Times.