A plan to tax the rich to fund electric cars is on the ballot in California
November 09 2022, 08:00
California has long been a leader among states, and even countries, in promoting a shift to electric cars, including with its plans to ban the sale of purely gas-powered cars by 2035. But now Californians are voting on a ballot proposal that promises to accelerate that shift even more by taxing the wealthiest Californians to help pay for electric vehicle tax incentives and EV chargers in the state.
California has long been a leader among states, and even countries, in promoting a shift to electric cars, including with its plans to ban the sale of purely gas-powered cars by 2035. But now Californians are voting on a ballot proposal that promises to accelerate that shift even more by taxing the wealthiest Californians to help pay for electric vehicle tax incentives and EV chargers in the state.
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