Paul Gann, center, author of the 1979 initiative governing excess tax revenue, and Howard Jarvis celebrate the passage of Proposition 13. (Photo, June 1978/ AP file)
OPINION: Let’s not confuse Gov. Gavin Newsom’s proposal to provide $12 billion in new stimulus checks with the state’s constitutional mandate to return excess revenues to taxpayers. That seems to be the goal of those who believe taxpayer refunds are a bad idea and are looking for ways to keep a greater part of the newly announced state surplus to spend.
New Teslas at the company's factory in Fremont. Photo: Steve Jurvetson
Electric vehicles costing more than $60,000 may be eliminated from a major rebate program and the rebates themselves would be reduced to a fifth of their current level – moves that would cut popular Tesla Motors’ models from the rebates.