Democratic Gov. Gavin Newsom of California is urging Californians to vote against a ballot proposition that would raise taxes for individuals who make more than $2 million a year, according to a political advertisement that aired Monday.
The legislation, Proposition 30, would impose an additional 1.75% tax on annual incomes of more than $2 million to help the state pay for electric vehicles (EVs) and EV infrastructure, according to the advertisement. Newsom declared that the measure was a “trojan horse” being disguised as a climate measure by Lyft, a rideshare company that he claimed is trying to benefit from the provision.
Looks who wants higher taxes in California...
