Yes on Prop. 89
The title of the article in the Oct. 9 Times, titled "Odd
coalition opposes 'clean money' measure," spells out the
issue. The opponents of Proposition 89 have little in
common, except for one attribute. They are wealthy
corporate interests, politicians and even unions who all
want to continue to exchange special favors, at public
expense, for campaign contributions.
But their arguments against Prop. 89 have been totally
debunked by long-standing results in Arizona and Maine,
where the Clean Money system has been in effect since
One can tell a lot about a proposition from looking at its
supporters and its enemies. Prop. 89 supporters include the
League of Women Voters, Common Cause, California Public
Interest Research Group, the Sierra Club, AARP-California,
the California Nurses Association and many other public
interest and good government groups (see a list at
On the other hand, the biggest opposition funders are
insurance companies (45 percent), Chevron Oil (17 percent),
real estate (16 percent) and the Chamber of Commerce (8
The $200 million cost of Prop. 89 would be financed by
raising the tax rate on corporate profits from 8.84 percent
back to 9.04 percent, which was the rate that existed from
1980 to 1996.
That cost would be greatly exceeded in taxpayer savings
that would be possible when wealthy special interests and
their lobbyists lose their power to buy favors from
government leaders in Sacramento.
We must do this at the state level, by the initiative
process, before we can get Congress to follow suit.
Vote yes on 89.
See the article on Contra Costa Times website