Friday, July 2, 2021

Do not let them tell you this is Green, it is about public sector energy subsidies.

The new tax went into effect on Thursday, according to CBS 8. It comes from an automatic increase as part of Senate Bill 1 that was signed into law in 2017. The bill incrementally raises the fuel excise tax each year for road and bridge repairs. The report says the tax is now 51.1 cents per gallon, putting California's gas and state taxes at the highest in the country.

Gas is about 4.3 bucks per gallon.

The proceeds of the tax are going to the public sector, to cover their inflation adjusted energy prices. 

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