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Saturday, August 26, 2017 5:30:18 PM
Summary:
Where would the money come from? The proposal would generate roughly $110 million per year through a 95-cent monthly fee on home water bills as well as taxes on businesses of up to $10 per month. Another $30 million would come from higher fees on agricultural and dairy businesses, industries whose chemicals contribute to the problem of contaminated groundwater.
My thoughts, this and California's $15 minimum wage and overtime pay for migrant workers will certainly raise food prices on California food. RJA at a long term double bottom? Looks good to me. Cal leads the way in many things, especially taxes. Other states to follow?
http://www.mercurynews.com/2017/08/23/first-ever-tax-on-california-drinking-water-proposed-for-contaminated-groundwater-clean-up/
http://stockcharts.com/h-sc/ui?s=RJA&p=D&yr=2&mn=0&dy=0&id=p82953304092
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