Proposition 88: No Bang for the Tax Buck PRI Pamphlet By:Lance T. Izumi, J.D. 10.1.2006
“Few initiatives in California history have incorporated so many flawed ideas as Proposition 88,” said Lance Izumi, director of Education Studies at PRI and co-author of “Proposition 88: No Bang for the Tax Buck.” The new pamphlet is part of a Decision 2006 policy series published by PRI.
Under Prop. 88, a $50 statewide parcel tax would be imposed on every property owner in California. The estimated revenue of approximately $450 million annually would be used to increase education spending for class size reduction, facilities grants, instructional materials, school safety programs, and a data collection system.