California’s wealthiest residents won’t see a tax increase after voters rejected a measure that would have boosted rates on incomes above $2 million to help put more electric cars on the roads.
Newsom, who handily won a second term, did not immediately comment on the measure's defeat.
Transportation is the largest source of planet-warming emissions in California, accounting for roughly 40%. That’s not just from passenger cars, it also includes delivery trucks, ships, public transit and other forms of transportation. “With Prop 30, we had a chance to create a healthier, safer future for our state and our families — one with less air pollution, fewer catastrophic wildfires and an opportunity to save our state from some of the most devastating impacts of climate change," the “yes" campaign said in a statement.
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