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Prop 30: Following The Money On California's Proposed Income Tax For Electric Vehicles

03 Nov 2022 | Abstracted from LAist

"... Proposition 30...would raise taxes on the rich to support electric car deployment and combat wildfires...35,000...approximate number of Californians who earned more than $2 million a year in 2019 and would therefore have to pay up if Prop. 30 passes...

"Opponents of the measure say such a high rate could chase California’s wealthy — and all their cash — out of the state."

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