The legislative analyst's office tells the truth:
Measure Results in Tax Increases. If this measure is approved, several tax increases passed as part of the February 2009 budget package would be extended by one to two years. State tax revenues would increase by about $16 billion from 2010-11 through 2012-13.
California voters often rely on the ballot summary to decide how to vote. The lying weasels in Sacramento know that a tax increase proposition would not win, so they have written a ballot summary that doesn't mention the tax increase at all. The biggest tax increase in history and they don't even mention it! Worse, Senate leader Darrell Steinberg selected pro-tax Democrats to write the ballot argument against Prop 1A, so the real opponents don't have any voice in the ballot arguments.
The Howard Jarvis Taxpayers Association is a great resource on this.
The Sacramento Bee has a calculator to estimate how much this tax increase will cost your family.
Please help expose the fraud and pass this on to all California voters you know.
UPDATE: Is Secretary of State Debra Bowen trying to hide the fraud? She's removed the ballot summaries from the state web site.