… mill levy saves you like 267 bucks in exchange for the state asking permission to keep your Taxpayer Bill of Rights at an ever increasing rate every year, forever. So If Proposition HH passes, the state will be allowed to keep about $130 million that should have been refunded back to the taxpayers. But they slipped one sentence into that bill that says that the amount of money the state can keep increases by 1%, compounding, compounding annually. (01:48–02:01)
CLAIM
Asserts that Proposition HH allows the state to retain $130 million in taxpayer refunds in its first year.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
