Proposition 30:
- imposes a 10.3% tax rate on taxable income over $250,000 but less than $300,000.
- imposes an 11.3% tax rate on taxable income over $300,000 but less than $500,000.
- imposes a 12.3% tax rate on taxable income over $500,000 but less than $1,000,000.
- imposes a 13.3% tax rate on taxable income over $1,000,000.
