Quote:
Originally Posted by dyna mo
so what's the tax at the pump for?
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$250 million of the cap & trade fund went to the LA to SF bullet train, the pic MK posted referenced that, but you didn't get it.
The tax is expected to raise $2-$3 billion this year.
40% of that money can't be spent on anything, it's discretionary spending.
The rest is allocated as follows:
- 25% for High Speed Rail on an annual basis
- 35% to the Sustainable Communities Program and transit on an annual basis into the following groups:
- 10% for Transit and Intercity Rail Capital Program;
- 5% for Low Carbon Transit Operations; and
- 20% for Affordable Housing and Sustainable Communities
- That leaves 40% of revenue that is discretionary. Cohen suggests beneficiaries could be Low-Carbon Transportation, Energy Efficiency, Urban Forestry, Forestry, Water, and Waste.
SOURCE
When I said "Healthcare for immigrants", I wasn't joking
