Prop 30
California Proposition 30, the Tax on Income Above $2 Million for Zero-Emissions Vehicles and Wildfire Prevention Initiative, is on the ballot in California as an initiated state statute on November 8, 2022.[1]
A "yes" vote supports increasing the tax on personal income above $2 million by 1.75% and dedicating the revenue to zero-emission vehicle subsidies; zero-emission vehicle infrastructure, such as electric vehicle charging stations; and wildfire suppression and prevention programs. |
A "no" vote opposes increasing the tax on personal income above $2 million by 1.75% and dedicating the revenue to zero-emission vehicle subsidies; zero-emission vehicle infrastructure, such as electric vehicle charging stations; and wildfire suppression and prevention programs. |
You can find out more about Prop 30 by clicking here.