Proponents of the 10 year extension of cap and trade state there is no funding for the High Speed Rail (HSR); however wording in AB 398 says differently: (2) Existing law requires all moneys, except for fines and penalties, collected by the state board as part of a...
Proponents of the cap and trade extension state there is no increase in gas taxes. Here is the catch, do not use the phrase “gas taxes,” and instead use “increases in the price paid at the pump.” The courts have ruled that cap and trade is not...
Proponents of cap and trade extension state the fire tax is repealed. It is not, AB 398 merely suspends it until 2031. and it can be brought back on a majority vote at any time between now and 2031. As many know, the Howard Jarvis Taxpayers Association (HJTA) has an...