Proposition 82 in CA-preschool funded by high income tax

[SuzySunshine]

I agree everyone, or at least more of the income brackets, should pay. With that said where are they going to find these pre-schools for every child. In Palo Alto, where we used to live, even finding an opening in a pre-school was hard then you could worry about affording it.

Sheesh, just add 4 year old pre Kindergartens to all the public schools and fund it the way everything else gets funded.

[houseelf]

What Tree Said.

One of my more passionate beliefs supports for universal preschool. We are the only country in the Westernized world that doesn't offer some sort of subsidized or universal preschool. Talk about early delineation of the "haves" and "have nots".

Kelly

I think that some of the context to the high income tax may have to do with the property tax cap. As I understand it in California, property taxes can only increase by a very small percentage per year (unless you are a new buyer and then your home is reassessed). There are some very, very affluent individuals who bought extremely expensive (multi-million) homes decades ago and are now paying a pittance in property taxes - - I mean tens of thousands of dollars less than they would pay in another state and oftentimes less than other homeowners in far more modest residences who have moved recently and in general tend to move more as they need to incrementally "move up" in housing quality. Apparently, while the property tax cap was meant to benefit moderate income individuals and seniors, it has had much greater benefit for the super-wealthy - - while harming public education considerably.

So, I think there is more of a context to the "super wealthy" tax than the news reporting makes clear.