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5/18/2006
According to a May 18, 2006 article from The Associated Press, California's June ballot includes a proposition that would impose a tax on individual incomes that exceed $400,000 in order to generate funding for a universal preschool program. The recent report from the National Institute for Early Education Research estimates that, if implemented, the universal preschool program could save California $2.78 for every $1 invested. Projected savings are based on anticipated decreases in school failure rates, delinquency and crime, as well as an increase in productivity.
The article is available at the MSNBC.com Web site.
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