A few things I don't see mentioned here, but should be said to see where the conversation goes. 1. Lyft funded the collection of signatures to get this on the

A few things I don't see mentioned here, but should be said to see where the conversation goes. 1. Lyft funded the collection of signatures to get this on the ballot, to the tune of $8.5m. 2. About 10 years ago, CA's top tax rate was ~10.5%. A measure was passed "temporarily" during a recession to increase that rate to ~13.5%. Then another proposition was passed to extend this "temporary measure". 3. CA currently has a $100b surplus. —- Ok, time for my personal opinion. The reasons for these increases are obviously not to dig CA out of a tax revenue deficit. They've accomplished that. There are other factors at play.