Will California’s ‘Temporary’ Tax on Wealth Ever Fade Away?

A customer enters a Block Advisors tax preparation office in San Anselmo, Calif., on April 15, 2019. Justin Sullivan/Getty Images

News Analysis

When Californians voted to “temporarily” raise taxes to fund education on Nov. 6, 2012, they probably never expected the hikes would linger in one form or another until 2030, but that’s exactly what happened.