California voters rejected proposals to expand government programs through new taxes on cigarettes and oil companies.
Among the plethora of propositions facing voters this fall, they were the most passionately contested, targets of noisy advertising campaigns and heavy spending.
Topping the spending charts was the oil industry, which invested a record amount — at least $94 million — against Proposition 87. The measure sought to hit oil companies with billions of dollars in new taxes to promote the production of alternative fuels.
Big money was spent in support of the measure as well, with Los Angeles developer and movie producer Stephen Bing pumping nearly $50 million into the cause. Former President Clinton, meanwhile, had led a gaggle of A-list celebrities in promoting the measure at events around the state.
Source: Los Angeles Times
Among the plethora of propositions facing voters this fall, they were the most passionately contested, targets of noisy advertising campaigns and heavy spending.
Topping the spending charts was the oil industry, which invested a record amount — at least $94 million — against Proposition 87. The measure sought to hit oil companies with billions of dollars in new taxes to promote the production of alternative fuels.
Big money was spent in support of the measure as well, with Los Angeles developer and movie producer Stephen Bing pumping nearly $50 million into the cause. Former President Clinton, meanwhile, had led a gaggle of A-list celebrities in promoting the measure at events around the state.
Source: Los Angeles Times
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