California Gas Regulators Ensure Prices Might Never Go Down With Hidden 50 Cent Annual Tax Increase
A little-known longstanding fossil fuels reduction program that was put in place by the California Air Resources Board (CARB) could very well lead to a 50-cent per gallon cost increase for gasoline and diesel fuel sold in the state. The report, released in September by the state’s environmental regulator body, says that California may see the increase of 50 cents per gallon as early as next year and every year after that. The program’s fee is in addition to the gas tax increases already put in place by Senate Bill 1 of 2017, where the state authorized an increase in the state’s taxes on gas and diesel.
Source: https://redstate.com/mdempsey/2024/05/13/california-gas-regulators-ensure-prices-might-never-go-down-with-hidden-50-cent-annual-tax-increase-n2174144
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