Key: MT: Millionaire's Tax OCOF: Our Children, Our Future (Molly Munger's Initiative) GP: Governor's Proposal

Official Title of Initiative Being Circulated: MT OCOF GP

Tax to Benefit Public Schools, Social Services, Public Safety and Road Maintenance Tax for Education and Early Childhood Programs Temporary Taxes to Fund Education, Guaranteed Local Public Safety Funding

Nature of Taxes Being Raised MT OCOF GP Increases taxes on personal income above one million dollars a year Increase taxes on personal income starting at $17,000 Increase of sales tax by 1/2 cent and increase taxes on personal income above $250,000

Duration of Taxes MT OCOF GP

Permanent 12 years 5 years

Allocation of Taxes MT OCOF GP

Public education K-16, public health, public safety and road maintenance K-12 and early child education Cities, counties and K-14 education

Revenue Generation Estimates MT OCOF GP

$6 to $9 billion in 2012/13 and $4 to $6 billion thereafter $10 to $11 billion annually $5 to $7 billion annually