In an effort to fund a Climate Equity Action Fund, this measure places a tax on users’ electricity bills. Though there are carve-outs for low-income users, they are limited — and this ends up being a regressive tax on the very folks it is intended to support.
It is possible to fully and reliably fund our cities, our emergency and safety-net services, and the world where all our communities can thrive. However, instead these resources are lining the pockets of millionaires, billionaires, and big corporations. That’s why we support fair, equitable taxes — for budgets that ensure our children will inherit quality public education and public goods, no matter what they look like or where they come from. Ultimately, we urge you to support California’s Proposition 15, which will reclaim $12 billion per year for schools and local community services from the wealthiest corporations.