INIT-1993AG: 25-0016BALLOT INITIATIVE

PROVIDES PERMANENT FUNDING FOR SCHOOLS AND HEALTHCARE BY EXTENDING EXISTING TAX ON HIGH INCOMES. INITIATIVE CONSTITUTIONAL AMENDMENT.

Proponent: Benjamin Gevercer, David B. Goldberg · Cleared for Circulation

Signatures required: 874,641 · Circulation deadline: 5/4/2026

This ballot initiative is projected to:

↑ReduceEducation shortfall 37.0% → 35.8%

↑ReduceHealth shortfall 42.7% → 41.0%

↑ReduceIncome & Work shortfall 12.4% → 11.7%

↑ReduceEquity shortfall 26.4% → 25.6%

↑ReduceSocial Cohesion shortfall 63.0% → 62.0%

Fiscal cost: ~$5.0B-$15.0B per year · Confidence: high · 5 categories affected

Category Impact Analysis

Educationsocial

Helps↑1.3 p.p. avg shortfall▼

Low Literacy Rate: 28.0% → 27.0% (↑1.0 p.p.)Student Loan Debt: 46.0% → 44.5% (↑1.5 p.p.)

Healthsocial

Helps↑1.8 p.p. avg shortfall▼

Life Expectancy Shortfall: 32.5% → 31.4% (↑1.0 p.p.)Healthcare Affordability: 53.0% → 50.5% (↑2.5 p.p.)

Income & Worksocial

Helps↑0.7 p.p. avg shortfall▼

Supplemental Poverty Rate: 15.4% → 14.4% (↑1.0 p.p.)U-6 Unemployment Rate: 9.3% → 9.0% (↑0.3 p.p.)

Equitysocial

Helps↑0.9 p.p. avg shortfall▼

Racial Equity Index: 40.0% → 38.5% (↑1.5 p.p.)Gender Pay Gap: 12.9% → 12.6% (↑0.3 p.p.)

Social Cohesionsocial

Helps↑1.0 p.p. avg shortfall▼

Income Inequality: 100.0% → 98.5% (↑1.5 p.p.)Life Dissatisfaction: 26.0% → 25.5% (↑0.5 p.p.)