Proposition 38 is a competing proposition with Proposition 30. If Prop. 38 receives more votes, personal income taxes would be raised in our state for Californians earning more than $7,316 per year. The tax increase would be on a sliding scale. The lowest earners would pay an additional 0.4% in income tax. The highest earners would be taxed 2.2% more. Money raised from the taxes would fund K-12 schools, among other things.
Below are links to the supporters and opponents of Prop. 38 to learn more.