It didn’t take long for the public employee unions’ investments in the campaigns of Assembly Member Sharon Quirk Silva and state Senator Josh Newman to pay off bigtime. Both voted in lockstep with their fellow Democrats last night to pass SB 1 — a tax increase of more than $5 billion a year for ten years. The measure raises gas taxes by 12 cents per gallon. Vehicle fees will rise between $25 and $175 depending on the value of the vehicle.
Instead of thinking of this as a new transportation tax, however, columnist Steve Greenhut correctly points out that we should see it as a pension tax, given that this extra money will plug a hole caused by growing pension payments to public employees.
Here’s a solid report on the vote in the Orange County Register.
To see how all of California’s legislators voted, click here.
Here’s how CBS Los Angeles reported on the late-night vote: