to pay an additional 1.75% in state income taxes on annual earnings above $2 million starting in 2023. The tax increase would raise $30 billion to $90 billion over the next 20 years, with 80% of the money being used to subsidize the purchase of electric vehicles and set up charging stations and other infrastructure. The remaining 20% would be set aside for wildfire suppression and prevention.
Newsom, who has become the de facto opposition campaign, criticized the measure as a scheme by Lyft to rake in “corporate welfare” and help the company meet a state mandate for ride-hailing companies to convert most of their fleets to electric vehicles by 2030. Pomona College political scientist Sara Sadhwani said Proposition 30 creates a dilemma for many California voters, pitting support for transitioning to a clean energy economy against cynicism about a company using that support to benefit financially. Voters may also be weary of proposed tax increases at a time when they are struggling with high inflation and gasoline prices, she said.
Leaders of four of California’s most successful Native American tribes with gaming interests are the original proponents of Proposition 26, which would impose a 10% tax on sports betting to fund gambling addiction treatment and enforcement programs. Campaigns for the two competing measures have aired a constant barrage of attack ads against one another. As a result, voters probably are confused about the differences between the dueling propositions, DiCamillo said., was favored by 64% of likely voters in California, compared to 27% who opposed it., was supported by 58% of those surveyed and opposed by 32%.
rich and happy. if you read this you are cursed
Crazy State of California .