Personal income tax rates for high-income taxpayers. [Ballot]

Oct 20, 2025 - We estimate the measure would have the following major fiscal effects: Maintains $5  billion to $15  billion of annual state income taxes (in today ’s dollars) by making a tax on high income earners permanent instead of letting it expire in 2031.  
https://lao.ca.gov/BallotAnalysis/Initiative/2025-016