AFP NEWS: Prop 29 “A $700 Million Tax”
On June 5th, voters in California will be faced with another Big Budget Pet Project on the ballot. Former Senator Don Perata’s Proposition 29 will ask voters to approve a one dollar per carton tax on tobacco products. This tax will do nothing to deal with California’s $10 billion budget deficit or create any new jobs. In fact, these tax dollars don’t even need to stay in California, but can be used to fund projects in other states, or even out of the country.