Opinion: California's November ballot measures reflect decades of tax and housing reform failures

Voters face 14 statewide ballot measures this November that propose changes to taxes, housing financing, and election rules, directly impacting state revenue allocation, local government funding, and public programs.

• •There are 14 statewide measures on November's California ballot.
• •Proposition 40 is a proposed one-time 5% tax on the net worth of billionaires, allocating 90% of its revenue to the healthcare system.
• •Proposition 40 was drafted by a union representing healthcare workers.
• •Outgoing and incoming governors, progressive Democrats, and the California Teachers Association oppose Proposition 40.
• •Propositions 41 and 42 were qualified for the ballot by billionaire targets of the wealth tax to add limitations on local taxes.
• •Proposition 43 was placed on the ballot by the Howard Jarvis Taxpayers Association to limit local finance.
• •Proposition 3 makes permanent a voter-approved 2012 income tax increase.
• •Proposition 2 attempts to expand the state's rainy-day fund.
• •Propositions 1 and 37 propose borrowing money, and Proposition 45 proposes easing environmental protections, to increase housing production.
• •Propositions 4 and 5 propose election and recall system reforms.
• •Proposition 39 is a Voter ID ballot initiative backed by donors to President Trump.
• •The 2009 Commission on the 21st Century Economy previously proposed reducing personal income taxes, eliminating corporate income taxes, and introducing a business net receipts tax.
• •The Think Long Committee for California previously modeled tax scenarios proposing to lower income taxes and broaden the sales tax to include services.