Tag Archive for: Repeal Gas Tax

COST Core Member Linda Pfeifer: Repeal the Gas Tax

“How hard does SB 1 hit the middle class and low income earners?

Example: $3.39 per gallon rises to $3.58 under SB 1, up 19 cents a gallon (12 cents plus another 7 cents with SB 1’s hidden gas excise tax provision). It’s higher for diesel fuel.

Even worse, SB 1 isn’t a “one-time” gas tax increase in 2017. Beginning in 2020, SB 1 raises gas taxes every single year, tied to inflation, forever … in perpetuity … ad infinitum. SB 1 has no sunset. After 2020, that 19-cent increase can grow higher and higher with inflation indefinitely.

Are you retired on a fixed income that hasn’t kept pace with inflation? Are you under-employed? Are you a renter or new homeowner? SB 1 just spiked your cost of living.

SB 1 is regressive, too, which means your middle-class wallet will pay the same gas tax as a billionaire.

SB 1 also raises annual car registration fees. For example, if your car registration is $271 per year, SB 1 could spike it to $321 per year, a $50 increase on average. For electric cars, that $271 rises to $371. It’s worse for trucks.

SB 1 is the highest gas tax in California history, and the people didn’t even get to vote on it. SB 1 had no public vote, no ballot statement to generate public debate and scrutiny. Instead, the politicians in Sacramento passed SB 1, and added last-minute “sweetheart” deals for swing-vote politicians to the tune of millions of dollars.” – Linda Pfeifer

More here.