Tag Archives: bond measures

Please vote “yes” on Proposition 32 and “no” on all tax and bond measures, including 30 ($6 billion/year income and sales tax hike), 38 ($10 billion/year income tax hike), 39 ($1 billion/year tax hike); L.A. County Measure J (another 30 year sales tax hike), and El Camino Community College District Measure E ($350 million in new bond debt, probably costing about $700 million with interest).

Taxes are too high, and we also pay business taxes which are passed on to us as consumers. Bond measures create additional debt and require taxes to pay principle and interest. Bonds often cost double the amount borrowed with interest. … Continue reading →