My Platform
Economy
1. Establish a state bank for California, so loans can be made to students and local community businesses at a fair interest rate, and so that the interest stays in California for further investment in the state rather than going to Wall Street. North Dakota has had a state bank since 1919 and now they are the only state with a budget surplus!
2. Fix Prop 13. Keep the good, and fix the bad. Fixing Prop 13 is going to come through people who are not fooled by the big money that keeps people believing all of Prop 13 is lucky for all of us. Some parts are lucky - keep them. Other parts are very unlucky – change them. The 2/3 majority required to increase taxes has proved to be a safeguard only for the richest of the rich. And let's end the tax giveaways to the corporations that prop 13 created.
3. End the wealthy interests' block to fair budgeting. Sacramento cannot pass a fair budget because a Super-Majority of votes is required to raise the taxes needed to run the state. To kill any decent budget, all it takes is 34 out of a 100 legislators to cross their arms over their chests and refuse to budge. The reason a small minority has that much power in the legislature is that a 50% Simple Majority can lower taxes, but it takes a 66.7% Super-Majority to raise taxes. We need to change that and end the Super-Majority required to raise taxes so our state can run smoothly again.
