A $.10 fee is now being added to each gallon of gas, before sales tax, in California. It is a tax, but that isn’t what they are calling it. Instead, the fee is described as an amount paid by gas retailers when distributors load tanker trucks.
So California drivers are being forced to pay a tax on a tax. How soon will other states follow?
“The global warming fee, which is variable and could soar in the future, added about a dime this week,” Dan McSwain of UT San Diego said. “Then the state adds 2.25% of the full retail price – including those other fees and taxes – while city and county sales taxes add more (0.5% in most of San Diego County).”
Many drivers haven’t noticed the increase yet due to the plummeting gas prices, but they will eventually because the $0.10 per gallon fee is not a set price – it’s determined by California’s “cap-and-trade” market in which various industries trade their permits covering specific amounts of emissions, the total of which is capped by the state.
In other words, the “global warming” fee can go up.
“In August, California’s legislative analyst estimated that, by 2020, retail prices were likely to rise between 13 cents and 20 cents a gallon because of cap-and-trade,” McSwain added. “But the analyst, Mac Taylor, warned that increases could exceed 50 cents in some cases.”
“And an oil-industry group warned the costs could spike to 76 cents, based on state figures.”
This is intentional; the “cap-and-trade” system was designed to raise gas prices and energy costs using artificial scarcity created through the hoax of man-made “global warming.”
“Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket,” President Obamatold reporters in 2008. “Coal-powered plants, you know, natural gas, you name it, whatever the plants were, whatever the industry was, they would have to retrofit their operations. That will cost money.”
“They will pass that money on to consumers.”
stupid people
there is NO GLOBAL WARMNG !!!!!!!!!!!!! ANOTHER LIE BY THE GOVERNMENT
just away to gouge AMERICAN people , they can’t stand it
They continue to vote for this c**p….they deserve what they get.
Scientists getting paid by the government.
Leave it to CA rep’s to figure out a way to put more money in there pockets.
California is doomed….
and the idiots living in California just bend over and take it.
We are all living in the same country so we will be taxed soon. I have mixed emotions here because my family members are in the oil business and I want them to be blessed but I like having cheaper gas. Nothing else went down like groceries , electricity or air plane ticket prices !
California is doomed…