This proposition permanently ends a tax loophole for big business. It dedicates a little over half the revenue for the first five years to fund energy efficiency and clean energy projects. While we oppose ballot-box budgeting, and advocate publicly owned energy projects under worker control instead of “public-private partnerships,” we support this as the only progressive tax measure on the ballot. Vote Yes.
For the official summary and analysis of Proposition 39, as published by the Secretary of State, click here.