Lyft-Backed Proposal to Tax Rich for Green Initiatives Rejected in California

After enduring the pandemic, ride-share companies like Uber and Lyft are now facing a new world of high inflation, driver shortages, and dwindling passenger numbers. WSJ’s George Downs explains what they are doing to try to survive. Illustration: George DownsCalifornia voters rejected a ballot measure that sought to tax the state’s rich for

its planned transition to electric vehicles and other green initiatives, dealing a blow to ride-hailing company Lyft Inc. and the environmental groups that had backed the proposition., around 59% of the vote was against the proposal and 41% was in favor as of Wednesday morning. The Associated Press projected it would be rejected.

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Prop 30: California voters reject Lyft-backed taxes and transportation measureCalifornia voters on Tuesday rejected Prop 30, a ballot measure over who should pay for the transition to electric vehicles. 'we gotta save the Earth!' 'not if it raises my taxes!' Californians are sick of taxes especially because the ones that passed previously did not resolve/actually worsened the problems it promised to fix.
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