Hold on to Your Wallet

Assemblymember Marie Waldron

AD-75 (R)

As your Assemblywoman, I oppose tax increases, which is why I voted against extending cap-and-trade, a huge regressive tax on the working men and women of this state.

Though cap-and-trade fees generate billions for California’s general fund, there is little evidence of any positive environmental impact. Under the program, caps are placed on greenhouse gas emissions by industries, such as oil refineries and energy producers, which pay fees on emissions that exceed those caps. Though the intent is to create incentives for industry to invest in new and clean...