Here’s why Newsom and the Democratic Legislature don’t want to suspend gas taxes
Gas prices averaged $5.83 in California last week. Of that, more than 63 cents was due to state taxes. California taxes gasoline at 51.1 cents per gallon, plus 2.25% sales tax. Suspending California’s taxes on gasoline would cost the state about $7 billion in revenue, $5.7 billion of that being lost to the trust fund…
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