The Traderszone Network

Published in TZ Latest News 2 July, 2021 by The TZ Newswire Staff

“They Just Want Our Money”: California’s Gas Tax Has Risen Again

“They Just Want Our Money”: California’s Gas Tax Has Risen Again

You know what we were just thinking California could use? Higher taxes.

And it must not just be us “thinking clearly” because the state is about to push through yet another gas excise tax increase that has the state’s citizens so annoyed they have committed to “not go anywhere”. This begs the Laffer-curve inspired question: what’s a 51.1 cent per gallon tax worth when people in the state have just abandoned buying gas altogether?

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