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Capital Recap: More Big Money Flows Into Props for Auto Insurance, Payroll Contributions, GMO Labeling, and Munger's TaxPost date:
It was a big week for ballot measures, with major new contributions flowing into the campaigns for or against several of the more popular (or hated) props.
Gov. Jerry Brown's tax initiative and Molly Munger's competing plan both qualified. The third would change how multistate businesses calculate their tax liability in California.
Two tax initiatives aiming for the November ballot hit key milestones this week, and they're not exactly complementary.