Should California's richest residents pay higher taxes to help put more electric vehicles on the road? That's a question the state's voters are weighing in the election that concludes Tuesday.
Proposition 30 would place a new 1.75% tax on incomes above $2 million, which is estimated to be fewer than 43,000 taxpayers. It would raise billions annually, with most going to help subsidize the purchase of electric vehicles and construction of charging stations. Twenty percent of the money would go toward boosting resources to fight wildfires.
