California Voters Reject Forcing the Wealthy to Help Pay for Electric Cars
Proposition 30, which proposed a 1.75 percent tax on residents earning more than $2 million annually, failed by 20 percent of the vote.
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Proposition 30, which proposed a 1.75 percent tax on residents earning more than $2 million annually, failed by 20 percent of the vote.
California’s wealthiest residents won’t see a tax increase after voters rejected a measure Tuesday that would have boosted rates on incomes above $2 million...
Proposition 30 says it will use funds for electric vehicle rebates for California's lowest earners, but critics say the ballot measure will line the pockets of Lyft.
The California governor argued the measure would solely benefit rideshare company Lyft if passed.
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