This measure would create a new tax and reduce certain existing taxes. It would impose a new "carbon emission tax" that applies to the sale or use of certain fossil fuels and electricity generated from fossil fuels. It also would reduce the state sales tax rate, reduce the business and occupation tax rate on manufacturing, and fund a partial sales tax exemption for low-income families.
This measure would impose a carbon emission tax on certain fossil fuels and fossil-fuel-generated electricity, reduce the sales tax by one percentage point and increase a low-income exemption, and reduce certain manufacturing taxes.
Should this measure be enacted into law?
Yes ( ) No ( )