California’s November 1 Gas Tax Increase: Just the Beginning
Californians are bracing for the first phase of the SB-1 gas tax and vehicle registration hikes, which could help boost prices by up to 29 cents per gallon over the next 32 months.
Governor Jerry Brown took a huge risk for the California Democrat Party by signing into law the state’s largest registration and gasoline tax increase in history. The last time the highly volatile taxes ad fees were increased was in 2002 when the Democrats increased the vehicle registration fee increase from $46 to $158. That resulted in 9.4 million voters recalling Democrat Governor Gray Davis, just 11 months later after he was re-elected, making him only the second state governor recalled in American history. Voters further punished Democrats by electing Republican Arnold Schwarzenegger to fill the vacancy. -- More...
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