Yes On Proposition 39 To Launch "Then There Were Two" Television And Radio Ads Focusing On General Motors and Kimberly-Clark; Ads To Be Unleashed During S.F. Giants Playoff Series

SACRAMENTO, Calif., Sept. 26, 2012 /PRNewswire/ -- Yes On Proposition 39 announced that it will be releasing updated television and radio ads to be first unleashed during the upcoming Major League Baseball Playoffs that will focus exclusively on how two out-of-state corporations, General Motors and Kimberly-Clark, are hurting taxpayers and killing jobs in California. The "Then There Were Two" ads are focusing solely on General Motors and Kimberly-Clark in light of the decisions of other companies not to fund opposition to the effort to close the loophole on out-of-state corporations, including International Paper's recent communications that it was not going be funding an opposition campaign. The "Then There Were Two" Ads are available here: http://bit.ly/PG52Mx.

The Yes on 39 campaign said in a statement, "Now that it is fall, it is time for these out-of-state companies to stand tall and let the public know whether they stand with California jobs and businesses or against California jobs and businesses.  With less than a 1000 hours left in the campaign, we will unleash a relentless barrage exposing the fact that General Motors and Kimberly-Clark, one company that was bailed out by California taxpayers and another company that depends on California taxpayers for its business, are committed to killing jobs in California.  In the coming weeks, whether it be in mail, paid television or radio, online or in the field -- we are going to make it clear that General Motors and Kimberly-Clark are not on the side of California."

After releasing television and radio advertisements that explained to voters how a corporate tax loophole, which was put into the California tax code in the dead of night at the end of the legislative session in 2009, gives tax breaks to companies who ship jobs out of state is being kept open by four out-of-state companies, Chrysler and International Paper informed representatives of the Yes on 39 Campaign that they would not support any No on Proposition 39 campaign. Upon hearing the news from representatives of Chrysler and International Paper, the Yes on 39 Campaign immediately revised its advertisements to focus just on the remaining two companies fighting to keep the loophole open.  Earlier in the campaign, Proctor & Gamble, an original member of the opposition coalition, indicated that it would not fund opposition to the initiative.

Prop 39 is the ballot initiative that would close the out-of-state corporate tax loophole in California that currently gives out-of-state companies tax breaks for creating jobs in other states. Prop 39 would close the tax loophole and put California-based companies on a level playing field, saving a billion dollars of taxpayer funds that will be used to fund schools and create tens of thousands of jobs.

For more information on Proposition 39, please visit www.yesonprop39.com. Follow the Yes on Prop 39 campaign on twitter at www.twitter.com/yesonprop39 and http://www.facebook.com/FairisFairTaxation.

SOURCE Yes on Proposition 39