• Ep. 7 | Prop. 5: More Debt, More Taxes

  • Sep 17 2024
  • Length: 22 mins
  • Podcast

Ep. 7 | Prop. 5: More Debt, More Taxes

  • Summary

  • Proposition 5 would amend the California Constitution to lower the requirements to pass local bonds. What effects would this have, and does it really matter? We’ll go through it all today so that hopefully by the end of this you are equipped to vote, and are convinced as to why it matters!

    Note that this proposition deals with bonds, and as a reminder, we have been discussing bonds in detail for the past two weeks. If you haven’t already, I would highly recommend you go back and listen to Episode 5 for an in-depth discussion of what a bond is, as well as Episode 6 for an example of the economic effects that bonds have.

    Website & Sources: For more information about the podcast, please visit thecaliforniaconversation.com. Check out my related article at thecaliforniaconversation.com/articles/prop-5 for all sources related to the information cited in today’s episode.

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    Timestamps:

    00:00:00 - 00:01:28 Show Introduction

    00:01:29 - 00:02:38 Summary of Proposition 5

    00:02:29 - 00:05:10 Support & Opposition

    00:05:11 - 00:09:14 Background & Scope

    00:09:15 - 00:11:15 Projected Effects of Proposition 5

    00:11:16 - 00:19:52 Responses

    00:19:53 - 00:22:02 Summary of Propositions Covered to Date & Show Conclusion

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