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State Lines
Magazine article from American Teacher,
Vol. 96, No. 5
Beginning of article
CA The California Federation of Teachers and Gov. Jerry Brown have reached a compromise on dueling tax initiatives tiiey have been trying to get placed on the November ballot.
The governor announced the agreement in mid-March after the conclusion of negotiations with the CFT and Restoring California, a coalition of educators and community leaders who have been pushing for the Millionaires Tax ballot initiative.
The CFT initiative, called the "Millionaires Tax to Restore Funding for Education and Essential Services Act of 2012," would have increased tax rates on personal incomes in excess of $1 million to provide an estimated $6 billion annually to finance education and …
