Above is an excerpt from a Field Poll released today that indicates 54% support for the governor's tax initiative. The Munger initiative (a different tax increase for schools) and the Steyer tax initiative (close corporate loophole) are losing. Although 54% is sufficient to pass an initiative, the campaign pro and con has yet to begin. Folk wisdom is that a controversial initiative should start with at least 60% support since some support will erode as the anti-initiative campaign develops. So 54% at this time may not be enough in November. If the initiative doesn't pass, there will be trigger cuts including a cut of $250 million for UC.
The Field Poll is at:
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