Voters Narrowly OK Tax Refund Sacrifice
- Share via
From Times Wire Reports
A ballot measure asking state voters to give up more than $3 billion in taxpayer refunds to stave off drastic cuts in spending on college education and healthcare for the poor was narrowly approved, officials said.
Referendum C would let the state keep an estimated $3.7 billion over five years that would otherwise be refunded to taxpayers under the Taxpayer’s Bill of Rights, the constitutional amendment generally considered the nation’s strictest cap on government spending.
Get the L.A. Times Politics newsletter
Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox twice per week.
You may occasionally receive promotional content from the Los Angeles Times.
