Of the 27 bills that Newsom has rejected since the end of the legislative session, 18 (exactly two-thirds) used some version of that now familiar line.
— a ballot measure that would increase funding for EV infrastructure by increasing income tax rates on millionaires.
One argument against the measure: About half of California’s income tax revenue comes from the top 1% of earners and that money tends to with every boom and bust of the stock market. If a recession is on the horizon, the argument goes, making the state even more dependent on a volatile revenue source could be a bad bet.that were sent to the governor’s desk. So far, Newsom has signed nine of them., tonight CBS California will take a closer look at the issue from the business point-of-view.
The stories are scheduled for 5 p.m. on KPIX 5 in San Francisco, at 5 p.m. and 9 p.m. on CBS 2 in Los Angeles, and at 6 p.m. and 10 p.m. on CBS 13 in Sacramento.Indigenous leaders from the Global Alliance of Territorial Communities held a die-in in front of the New York Stock Exchange in New York City on Sept. 19, 2022, calling on the financial sector to invest $1.7 billion into protecting their communities from climate change. Photo by Karla CotÈ.
On Monday morning, Newsom jetted east to take part in the 14th annual Climate Week NYC, an annual gathering of politicians, CEOs, philanthropists, members of the coverage-setting intelligentsia and activists that’s meant to showcase and advocate for different climate change solutions.This isn’t Newsom’s first time at the event — he gave an
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