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Government & Politics
Tue July 31, 2012
California Governor's Tax Initiative Campaign Raises $6 Million
California’s Proposition 30 campaign released its fundraising numbers for the first half of the year today. As Amy Quinton reports from Sacramento, the campaign for Governor Jerry Brown’s tax initiative has raised more than six million dollars so far.
The Proposition 30 campaign has collected almost $6.3 million and has more than $5 million cash on hand. The November ballot measure would raise income taxes on California's highest earners and raise the state sales tax a quarter of a cent. Donors giving $100,000 or more include the California Faculty Association, California Association of Hospitals and Health Systems, and a California School Employees Association political action committee.
In addition, Brown reported raising more than 800-thousand dollars so far this year for his 2014 re-election bid. He now has more than $6 million cash on hand. The third-term governor has not yet said if he will run for re-election.