Proposition 55

Tax Extension to Fund Education and Healthcare. Initiative Constitutional Amendment.

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Extends by twelve years the temporary personal income tax increases enacted in 2012 on earnings over $250,000, with revenues allocated to K–12 schools, California Community Colleges, and, in certain years, healthcare. Fiscal Impact: Increased state revenues—$4 billion to $9 billion annually from 2019–2030—depending on economy and stock market. Increased funding for schools, community colleges, health care for low–income people, budget reserves, and debt payments.

Semi-Official Election Results:

Yes votes: 5,332,449 [62.1%]

No votes:3,254,631 [37.9%]

See Endorsements for Proposition 55

Details

Pro/Con
Pro: 

Proponents of Proposition 55 claim the measure would affect only the top tax bracket and would lower the sales tax. They claim the proposition includes transparency and accountability measures that ensure that the funds will be used for local education. They also say the measure will prevent budget cuts while continuing to restore funding lost during the recession.

Yes on 55  
Yes on 55 Facebook
Yes on 55 Twitter

Con: 
Opponents believe that Proposition 55 wrongly rescinds the temporary nature of Proposition 30 (2012). They claim that raising taxes will not balance the budget and that the state has already sufficiently recovered since 2012. They believe that local education can be funded sufficiently without raising taxes. Finally, they believe the measure will target small businesses and kill jobs.
 
 
Polling

Visit IGS Poll for ballot measure polling from the Institute of Governmental Studies, UC Berkeley, in partnership with The Field Poll.

Visit Ballotpedia for summary data from recent polls and links to the complete published polls.

Voter Resources

Official California Documents

Voter Information Guide 

Campaign Finance Information

Voter's Edge Campaign Contributions
Total money raised, size of contributions, top contributors.

Power Search
Access and download data from the Secretary of State's CAL-ACCESS system.

Nonpartisan Analysis

Ballotpedia

Voter's Edge

KCET Props in a Minute videos

Video Voter - A Guide to California’s Ballot Measures. Rose Institute of State and Local Government at Claremont McKenna College

Proposition 55: Should California Maintain Higher Taxes on the Wealthiest to Fund Education, Health Care, and Other Services? California Budget & Policy Center, Sept. 2016.

Project for an Informed Electorate Initiative Explainer videos, California State University, Sacramento

Multimedia
Supporters
Yes on 55
Yes on 55
Non-Partisan
KCET Props in a Minute: Prop 55 - Extend Taxes for Education
KCET Props in a Minute: Prop 55 - Extend Taxes for Education
Sacramento State - Project for an Informed Electorate - Prop 55
Sacramento State - Project for an Informed Electorate - Prop 55
Claremont McKenna College Video Voter - Prop. 55: Income Tax
Claremont McKenna College Video Voter - Prop. 55: Income Tax
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