Proposition 30, Tax on Income Above $2 Million for ZEVs and Wildfire Prevention: No
Here it is, another bad law wrapped in virtue. Who could oppose increasing the too-low taxes on the wealthiest among us and using the funds for environmental purposes? Well, I’m all for a fairer, progressive tax system, but not only is the ballot box the wrong place to do this, doing it with this initiative means loosing a wolf in sheep’s clothing.
Have you heard the phrase “Lyft grift?”
If you haven’t, you should. Sure, it’s catchy, but it encapsulates the real intent of the law: To fund the company’s transition from gas-powered to electric vehicles. That’s right, all that feel-good shenanigans is to benefit one company. And not by some small amount.
And did I mention it’s more ballot-box budgeting? Have we still not learned?
By many accounts, Lyft wrote this law, and to benefit itself, and then the initiative’s sponsors paid more than $8 million to collect signatures and get it on the ballot. Lyft itself has spent $45 million to support it. That’s quite an investment, one they expect a handsome return on.
Don’t be fooled by the dishonest virtue. Vote No on Prop. 30.