Measure R passed a few years back raising sales tax for 30 years to fund transportation projects.
Measure J on the Nov 2012 ballot for LA County voters will extend that sales tax for an additional 30 years. This extension will permit the County to borrow money in the next decade and use the future revenues to help pay off the debts.
LA Weekly has a good summary of the pros and cons.
I'm leaning toward a NO vote on this item.
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