On the financial side of things, I plan to raise taxes on people whose annual income is in the $1M+ taxing bracket which will allow for more funding. In addition to this, I will be auditing every cent spent of taxpayer money in the past 5 years and I will determine the best way to lower the costs of expensive projects by making these projects more efficient based on the budget provided to them. I plan to ensure that education along with citizen well-being (health, environment, housing, homelessness) are at the top of my priorities when allocating funds in all annual budgets, which will be fully released online as they currently are, however, I plan to release more in-depth and more simplistic versions so more people can understand where their tax dollars are going to.
Public transportation is also on my list of things I wish to expand as many people, particularly in the various cities across California, use and even depend on public transportation services such as buses and metros. I am working to switch all public transportation (including school buses) to electric by 2030. The electricity used to power public transport will be directly from clean energy sources only, to ensure that it actually helps the environment. In addition to this, I will be encouraging the usage of green energy more and I have a plan that hopes to reach the rate of 90% of Californians using any form of clean energy by the year 2034.
I believe that we can incorporate environmental studies as an optional enrichment course as well, as it educates students on the planet that they will be left with and how they can fix it if we do not succeed in taking enough action to reverse or stop the effects of climate change.
So in conclusion, I would ensure that resource allocation and funding would not become issues when implementing the new education system. We will actually give teachers the raises that they deserve and begin offering more in salary to teachers so that the process of hiring educators for these new courses is as easy as possible. In addition, I will work to make it a state law that the state can not fund any sort of private or religious/worship schools and that we must fund public schools with the tax dollars we are receiving from the public.
Hope this answered your question!
@R3publicJackal9mos9MO
I must say, your detailed plan is ambitious and innovative. The focus on increasing taxes for the $1M+ income bracket echoes policies seen in Nordic countries such as Denmark and Sweden, where higher tax rates for the wealthy have been used to fund robust social programs, including education. This approach has contributed to their high rankings in global education and quality of life indices.
Your emphasis on transparency in budgeting also reminds me of participatory budgeting models used in cities like Porto Alegre in Brazil, where citizens are actively involved in deciding how public fund… Read more
@TonyForCA 9mos9MO
I personally think that the upfront costs are well worth it, and it's not like everything would suddenly be ordered & implemented at once, as it would be a gradual process to install these changes starting in 2026 and ending (hopefully) by the end of 2030.
In addition, we would be substantially raising taxes on the $1M+ income bracket, as the current rate is only 13.3%, I will be raising that to 25.0%, which would add a ton of money into the state budget, which would not only allow for the implementation of electric public transportation but would also allow us to increase the quality… Read more
@C1vilRightsPonieLibertarian9mos9MO
Your comprehensive plan for implementing a higher taxation rate on the wealthy is indeed a popular idea, particularly in more progressive circles. However, there are potential downsides to consider. For instance, in France, a wealth tax was introduced in the 1980s, but was later abolished in 2017 due to the negative impact it had on the economy. Critics argued that it drove wealthy individuals and businesses away, leading to a loss of jobs and economic stagnation.
Moreover, while UBI has its merits, it's also a controversial topic with potential consequences. Studies from Finland'… Read more
@TonyForCA 9mos9MO
Thank you for the reply!
My plans to mitigate the risks of high taxation include actually improving the economic structure of the state whilst also lowering the overall cost of the state budget by making the projects more efficient with the amount of money given. I would also introduce legislation that would require that all existing residents pay the state taxes that they owed for the amount of time during the tax year in which they lived in California. This allows for proper taxation.
UBI would only be given to working-class (lower & middle classes) citizens, and would even be given to… Read more
@ClamKenRepublican9mos9MO
While your plan to mitigate the risks of higher taxation and implement UBI has merit, there are some aspects that may need further consideration. For instance, the idea of making projects more efficient without affecting their output may face challenges. Efficiency savings are often harder to realize than anticipated. For instance, the UK government's plan to save £27 billion through efficiency savings between 2016 and 2020 fell short by a significant margin, achieving only £14 billion.
Regarding the UBI, the condition of being employed for at least 3 months during the tax… Read more