Prop. 30 raised the state sales tax rate by one-quarter cent through 2016 and added three new personal income tax (PIT) rates for very-high-income Californians through 2018: A 12.3 percent tax bracket for single filers’ taxable income above $500,000 and joint filers’ taxable income above $1 …

2022年11月8日 · Proposition 30 would have increased the income tax by an additional 1.75% on income above $2 million for individuals. At the time of the election, income above $2 million for individuals was taxed at a rate of 13.3% in California. The additional tax would have taken effect on January 1, 2023.

Proposition 30 is a California ballot proposition that appeared in the general election on November 8, 2022. The measure was defeated. The initiative would have raised taxes on the wealthy to fund wildfire management and electric vehicle (and ZEV) incentives and infrastructure. [1]

2022年11月8日 · Beginning January 2023, Proposition 30 requires taxpayers with incomes above $2 million each year (annually) to pay an additional tax of 1.75 percent on the share of their income above $2 million. This additional tax would end by January 2043.

CON Prop. 30 raises taxes by up to $90 billion for as long as 20 years, increasing costs for every Californian. Prop. 30 will severely strain our struggling electricity grid already at risk of rolling blackouts. Join taxpayers, teachers, and small businesses to reject this unnecessary tax increase. No on Prop. 30!

2022年11月10日 · In one of the highest-profile California election results, Proposition 30 failed despite the state’s commitment to climate action and its history of taxing the wealthy. But the ballot measure also was complicated and divided Democrats, a recipe for failure.

Prop. 30 would have imposed a 1.75% personal income tax increase on the top-earning Californians — for the share of their income above $2 million — per year to fund a suite of climate programs. The goal is to clean up the state’s dirty air and help meet ambitious greenhouse gas reduction targets.

2022年10月11日 · Prop 30 aims to impose a 1.75% personal income tax on Californians making more than $2 million per year. Prop 30 would then allocate the increased tax funds as follows: The Legislative Analyst’s Office estimates that Prop 30’s additional tax would raise between $3.5 billion and $5 billion annually.

Prop. 30 provides DIRECT REBATES AND FINANCIAL ASSISTANCE TO CONSUMERS to make sure low- and middle-income families who want an electric vehicle can afford one. School buses, farm equipment and big rig trucks are also eligible to help reduce diesel pollution.

2022年10月27日 · But Proposition 30, which would raise taxes on the rich to support electric car deployment and combat wildfires, takes the honor of most confounding. On the pro side is the California...