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Tag: cap-and-tax

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Cap-and-trade Billions a Honey Pot for California Politicians

California’s cap-and-trade tax is creating a luscious honey-pot of cash to sooth state politicians’ spending fantasies. In expectation of the cash available from the “May Revised Budget” to be released this week, lawmakers and their interest-group fellow travelers are outlining ambitious proposals that include funding port improvements, paying for heavy-duty trucks and ferries, nurturing urban rivers, sponging up carbon in soil and increasing subsidies for bus riders.