Prop 3 Explained: Making Top Income Tax Rates Permanent | Nonpartisan Ad Check (Nov. 3, 2026)

Описание: What does Proposition 3 actually do? I break down whether California's higher income tax rates on top earners should end after 2030 or become permanent: who pays, where the money really goes, and which campaign claims hold up.

Prop 3 does not raise anyone's tax rate above what they pay today. It makes permanent the higher rates the top 2% of taxpayers have paid since 2012, about $5 to $15 billion a year. The money is allocated to schools and community colleges, but because it counts toward the state's existing school funding requirement, only about 40% becomes additional school funding.

CHAPTERS
0:00 Introduction
0:29 What Prop 3 does
1:07 Set to expire after 2030
1:34 Who pays
1:57 Where the money goes
2:08 An important distinction
2:41 How it could help and how it could hurt
3:46 What the ads claim
4:44 Ad check
6:24 Your decision
6:58 Closing

Election Day: Tuesday, November 3, 2026. Register by October 19 at sos.ca.gov.

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Sources: Text of Proposition 3; Legislative Analyst's Office analysis; Official Voter Information Guide.

This video is for educational purposes only and is not legal advice.
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