“Who here thinks that another tax is going to bring down your gas prices? Is going to bring down any costs in this state? It’s not going to happen,” Assembly Republican Leader James Gallagher told reporters on Wednesday. READ MORE: EU summit struggles to form gas price cap planĬalifornia Republicans - who do not control enough seats to influence policy decisions in the Legislature - have called the tax “foolhardy.” “We look forward to examining the Governor’s detailed proposal when we receive it.” “A solution that takes excessive profits out of the hands of oil corporations and puts money back into the hands of consumers deserves strong consideration by the Legislature,” they said.
New sailplane prices pro#
The Legislature’s top two leaders - Senate President Pro Tempore Toni Atkins and Assembly Speaker Anthony Rendon - said in a joint statement that lawmakers “will continue to examine all other options to help consumers.” It could, however, act as a blueprint for the new proposal being negotiated between Newsom and legislative leaders. Newsom did not comment on that proposal when it was introduced in March, and lawmakers quickly shelved it. The money from the tax would then have been returned to taxpayers via rebates. That proposal would have required state regulators to determine the tax rate, making sure it recovered any oil companies’ profit margins that exceeded 30 cents per gallon. The state Legislature briefly considered a proposal earlier this year that would have imposed a “windfall profits tax” on oil companies’ gross receipts when the price of a gallon of gasoline was “abnormally high compared to the price of a barrel of oil.” “There are many different ways of doing this.”
“We’re going to get the money back that (oil companies) have been gouging and taking back from hard working Californians,” Newsom said. Newsom said he is still working out the details with legislative leaders, but on Friday said he wants the money to be “returned to taxpayers,” possibly by using money from the tax to pay for more rebates. It’s unclear how the tax Newsom is proposing would work. Newsom and his fellow Democrats that control the state Legislature refused to do that, opting instead to send $9.5 billion in rebates to taxpayers - which began showing up in bank accounts this week. Several states chose to suspend their gas taxes during the price surge, including Maryland, New York and Georgia. READ MORE: How will OPEC+ cutbacks affect oil prices, inflation? “This industry is ready right now to work on real solutions to energy costs and reliability if that is what the Governor is truly interested in.” “If this was anything other than a political stunt, the Governor wouldn’t wait two months and would call the special session now, before the election,” Slagle said. Kevin Slagle, vice president for the Western States Petroleum Association, said “a better use of the special session would be to take a hard look at decades of California energy policy and what they mean to consumers and our economy.” “This is just rank price gouging,” Newsom told reporters on Friday. But while gas prices have recovered somewhat nationwide, they have continued to spike in California, hitting an average of $6.39 per gallon on Friday - $2.58 higher than the national average.
Gas prices soared across the nation this year because of high inflation, Russia’s invasion of Ukraine and ongoing disruptions in the global supply chain. 5 after all the votes have been counted from the November elections and newly elected lawmakers are sworn in. Newsom told reporters on Friday that the special session will begin Dec. Gavin Newsom said Friday he will call a special session of the state Legislature in December to pass a new tax on oil companies as punishment for what he calls “rank price gouging.”
0 kommentar(er)
