Californians will vote later this year on whether to tax the wealthy to fund EV incentives and charging infrastructure. Proposition 30 would increase taxes on California residents who make over $2 million a year by $1.75% and direct the state to use that added revenue—estimated at $3.5 billion to $5 billion annually, according to a voter... Should a tax on the rich help build EV infrastructure?
Californians will vote later this year on whether to tax the wealthy to fund EV incentives and charging infrastructure. Proposition 30 would increase taxes on California residents who make over $2 million a year by $1.75% and direct the state to use that added revenue—estimated at $3.5 billion to $5 billion annually, according to a voter...