From NEWSMAX:
California Gov. Jerry Brown began a drive to place temporary income- and sales-tax increases — to the tune of $700 billion — before voters on the state election ballot next year, as a way to deal with a looming budget deficit.
Brown will submit his proposal to the state Attorney General’s office today, the governor said. If it qualifies, voters in November 2012 would decide whether to raise levies on individuals making $250,000 a year or more, or on couples earning $500,000 or better. The measure also calls for a 6.9 percent boost in the state’s sales-tax rate to 7.75 percent.
“I am going directly to the voters because I don’t want to get bogged down in partisan gridlock as happened this year,” the governor said today in an open letter…
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