California’s largest corporations have a clear message for Republicans and Democrats in the Legislature: Now is the time to raise taxes and other revenue to repair California’s roads. Failure to act will hurt business.
“Infrastructure is everything for our economy,” said Rob Lapsley, president of the California Business Roundtable. “We need a solution.”
The trade group, which represents Chevron, Sempra Energy and 25 other major employers, normally opposes taxes. But earlier this month, the roundtable joined forces with the California Chamber of Commerce and organized labor to promote a plan that would raise $6 billion for infrastructure. The plan calls for a mix road-related driver fees and for funneling existing tax dollars into roads, highways and bridges.
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