It's looking like voters will have one chance to extend income taxes on California's wealthiest residents this fall -- and supporters of the ballot measure are hoping their latest version will appease the state's most powerful voter: Gov. Jerry Brown.
A compromise proposed ballot measure authored by unions and other groups representing teachers, the health care industry and advocates for kids was updated Monday with new language aimed at appeasing a skeptical Brown.
Last week, the governor criticized a provision in the original initiative that would have exempted any additional state revenue raised by the ballot measure from being earmarked for the state's rainy day fund (Brown has worked hard to grow the state's reserves since taking office five years ago and has generally pushed a message of fiscal restraint, including in last week's budget proposal).
“Those tax measures don't incorporate what people said they wanted by an overwhelming supermajority,” Brown said, calling that omission "a fatal flaw.”