A column by journalist David Cay Johnston in the Sacramento Bee re-visited arguments made by opponents of the Proposition 30 tax increases – including me – that jobs would be killed if the taxes were increased. As pointed out in the article, California has increased jobs since the taxes took effect.
However, it was not an unreasonable assumption to make, as I’ll discuss below and there is a question how many more jobs we might have if the taxes had not passed. Another Bee column by Board of Equalization member George Runner argues that the tax increases might have prevented even greater job growth that should be expected from a surging economy.
Johnston took our No on 30 position from the state’s voter information guide rebuttal argument when he quoted the argument that Proposition 30 “hurts small businesses and kills jobs.” As he correctly points out there are more jobs now.