Assembly Democrats – Page 4

CA Sen. Shannon Grove Schools Gov. Newsom on Democrats’ High Gas/Oil Costs

October 10, 2022 2:45 amOctober 10, 2022 8:01 pm

While California Governor Gavin Newsom is warning he may call a Special Session of the Legislature to impose additional tax increases on oil companies, it is surprising he professes no idea how gas prices in California are so much higher...

California ‘Windfall Gas Tax Profits:’ Gas Now $2.55 Above the National Average

October 7, 2022 7:27 amOctober 8, 2022 8:14 am

Californians are paying the highest gas prices in the entire nation thanks to the state’s “windfall gas tax profits.” The average price for a gallon of gas in the U.S. is $3.891 according to AAA. California’s average price for a...

Gov. Newsom Calls for Tax on ‘Windfall Profits’ on Oil Companies After Abandoning Gas Tax Pause

October 3, 2022 8:17 amOctober 4, 2022 1:34 pm

“Crude oil prices are dropping, but oil and gas companies are still raising prices on California consumers,” California Gov. Newsom said, announcing a new “windfall profits tax” on oil companies. “These price hikes cannot be attributed solely to refinery maintenance...

CA Democrats Abandon Gas Tax Holiday; Announce New Committee to Investigate Gas Price Gouging

June 20, 2022 2:55 pmJune 24, 2022 6:00 pm

“Friday marked 100 days of diddling by California’s supermajority party to provide relief at the pump for the state’s drivers from the record high gas prices,” the Globe reported Monday, ahead of the announcement by Assembly Democrats that rather than suspending...

California Wealth Tax Proposed in Constitutional Amendment

March 23, 2021 11:23 amMarch 26, 2021 6:48 am

On March 22, Assembly Members Alex Lee, Wendy Carrillo, Lorena Gonzalez, Miguel Santiago, Ash Kalra, Luz Rivas, and Mark Stone introduced Assembly Constitutional Amendment 8 to propose a wealth tax to be placed before the voters. Officially, ACA 8 is...

‘Time Stealing’ Regulations for ‘The Wealth Tax’

August 17, 2020 1:14 pmAugust 17, 2020 7:58 pm

Can you imagine having to do an inventory and net worth calculation every year? Let alone potentially being audited and having to prove that values were not intentionally understated? It’s not only financial robbery, it’s time theft! – Senator John...

California Dems’ Wealth Tax Follows People Who Move Out of the State

August 17, 2020 7:28 amAugust 18, 2020 8:12 am

Assemblyman Rob Bonta (D-Oakland) made an appearance on “Cavuto: Coast to Coast” Friday to discuss his Wealth Tax proposal. Bonta told Cavuto the tax “affects about 0.15% of the California population — not the top 10%, not the top 1%,...