With Californians facing high inflation and economic uncertainty, Ag Council urges members to OPPOSE Proposition (Prop.) 30 on the California ballot. The measure is a tax increase to benefit rideshare company Lyft and is being presented to voters under the guise of a climate measure.
Prop. 30’s Provisions
The November ballot measure is a 1.75 percent tax increase on the portion of taxable income over $2 million and results in a 15.05 percent income tax rate.
Prop. 30 would generate between $3.5 billion and $5 billion annually to fund zero emission vehicle (ZEV) rebates, build ZEV charging stations, and wildfire prevention.
If passed, Prop. 30 will not sunset for 20 years (2043) unless greenhouse gas emissions are reduced to 80 percent below 1990 levels by 2030 for three consecutive years.
Prop. 30’s Proponent
Rideshare business Lyft is the main proponent behind Prop. 30. Lyft intends to use the billions taxpayer dollars generated to fund its transition to electric vehicles. Why? Rideshare businesses are mandated by the California Air Resources Board (CARB) to use ZEVs for at least 90 percent of the miles driven by 2030, which is the reason Lyft has spent $40 million on Prop. 30.
Prop. 30 is a “Trojan Horse”
Prop. 30 is not necessary given the state budget already dedicates $10 billion for the transition to electric vehicles and ZEVs.
Ag Council agrees with Governor Newsom’s opposition to Prop. 30 as a “cynical scheme to grab a huge taxpayer-funded subsidy.”
The governor calls Prop. 30 a “trojan horse.” He said, “Don’t be fooled, Prop. 30′s being advertised as a climate initiative – but in reality – it was devised by a single corporation to funnel state income taxes to benefit their company.”
Lyft, California Democrat Party, CalFire, Coalition for Clean Air, American Lung Association, Union of Concerned Scientists and others.
Prop. 30 has managed to unite a diverse coalition to oppose the measure, including: Governor Newsom, CalChamber, California Teachers Association, California Hawaii State Conference NAACP, Howard Jarvis Taxpayers Association, many others, as well as multiple editorial boards.
Ag Council urges you to vote NO on Prop. 30.
Click the Learn More link to read further details about why organizations oppose Prop. 30.