Tax the rich for more EVs? California Democrats split
A California ballot measure that would tax the rich to pay for electric vehicle programs has divided Democrats
SACRAMENTO, Calif. (AP) — A California ballot measure that would tax the rich to help put more electric cars on the road may seem tailor-made to win support from Democrats in a state known for climate leadership, but Proposition 30 has one notable opponent: Gov. Gavin Newsom. That's put the Democratic governor on the opposite side of his own party and against his traditional environmental allies.
The proposition before voters would add a 1.75% tax on personal income of more than $2 million, or fewer than 43,000 people. State analysts estimate it would raise up to $5 billion a year, mostly to help people buy electric vehicles and to build charging stations, with some also dedicated to resources for fighting wildfires.
Environmental and health group backers say California needs dedicated funding to speed the transition away from gas-powered cars and help lower planet-warming emissions. Transportation accounts for 40% of California's greenhouse gas emissions, and increasingly deadly wildfires are another major source of carbon.
“We can't meet our climate goals without something like this," said Mary Creasman, chief executive officer for California Environmental Voters. “It's either going to be all of us who pays, or it's going to be the wealthiest who can afford to pay."