Public Policy Essay Example | Topics and Well Written Essays - 750 words - 2

Public Policy - Essay ExampleThe 2012/2013 compute plan of the state that was approved by the Governor and Legislature in June 2012. In the event that the voters slump this form _or_ system of government measure, the budget have a backup plan that demands reduction in spending, also referred to as trigger cuts. The policy affects the upper income tax payers because they are the one to pay additional tax for the sustenance of the states budgeted programs. However, the beneficiaries of the policy range from community colleges and schools, universities, division of development services, department of parks and recreation, department of fish and game, city police departments among other funded educational programs.The Proposition 30 will increase the treasure of Sales Tax from 2013 all the way to 2016 by 9.3%. This policy measure will increase statewide rate of sales tax by almost one quarter for each dollar of purchased goods. The policy will be effective for four days. The Propo sition 30 will also increase the rank of Personal Income Tax from 2012 to 2018. The policy measure will increase the already existing 9.3 percent rank on the higher incomes. The supplementary marginal rate of tax will increase with the increase in taxable income. The policy will add state revenue from 2018 through to 2019. Through the fiscal years in which both the personal income tax and sales tax increases as stated above collectible to phasing in and phasing out of the higher rates of taxes, the smaller increases in revenue are likely to be seen in 2011/2012, 2017/2018, and 2018/2019.