Tag: gas tax inflation increase
Gov. Newsom Unveils $11 billion Gas Tax Rebate Plan to Car Owners
California Governor Gavin Newsom announced his $11 billion gas rebate tax refund plan on Wednesday, focusing refund efforts toward more car owners in the state rather than previous proposals that targeted taxpayers in general. Under Governor Newsom’s proposal, $9 billion...
Maryland, Other States Temporarily Remove Gas Tax Despite California Not Passing Similar Relief
During the weekend, numerous states including Maryland and Georgia, passed temporary gas tax restrictions in response to rising gas prices nationwide, refusing to follow California’s lead in refusing to halt the state gas tax last week. Last week, Assembly Republicans...
$400 Per Taxpayer Gas Rebate Proposal To Be Announced By Assembly Dems on Thursday
According to a joint 11 Assembly member press release on Wednesday, Democratic Assembly members will introduce a proposal on Thursday for a $400 rebate for all taxpayers to help make up the difference in lost funds due to higher taxes....
How Californian Gas Station Owners Are Reacting to Record High Prices
As gas prices continue to climb higher in California, lawmakers in the state have been looking at multiple short-term options to relieve Californians. Governor Gavin Newsom and some Democrats favor a gas tax holiday to delay the expected rise in...
Gas Tax Suspension Proposal Gains Traction Following Price Increases, End of Russian Imports
A statewide movement to suspend the gas tax continued to gain support this week following both a raise in gas prices well past a $5 per gallon average and Joe Biden announcing the halt of Russian oil importation due to...
GOP Lawmakers Renew Push for 6 Month Gas Tax Moratorium with Looming Gas Price Hikes
A push by GOP California lawmakers to suspend the state gas tax for six months received a renewed push this week following the state gas average climbing to over $5 a gallon. While a reduced number of gasoline production facilities,...