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.”
Industry and corporations in general build their tax burden into the price of their goods and services. This is the myth that the liberals have sold to us peons, that they will tax the greedy more. In reality, the tax is always past on. When I own rental property, if my property taxes went up, or oil prices, or electric rates, I raised my rents to maintain the necessary profit margin to stay in business. It’s how everything in the economy works. When you do your job, whether it be a cook or a rocket scientist, your service is rented for a salary, and in that salary you cover your cost to continue to provide that service plus a reasonable profit. Raising your salary becomes an added cost to whomever you work for which gets passed on to their respective clients, and so on, and so on. Eventually in runs full circle back to you but, not before the government gets in the way for their so called share. Not once, not twice, but perpetually. So remember that the next time you hear any politician speak of taxing the rich or Wallstreet or whoever, especially when a liberal says it. You are being sold a bill of goods.
And these fools keep electing treasonous, evil Democrats. Global Warming is BS & an attempt at a massive power grab & huge new taxes. What is CA going to do with the money, give it to be UN? NO MORE DEMOCRATS EVER
All the hot air from dems;
Most of the peopke in california probably wanted it, they’re nuts
Vote Trump California an Indiana !
Let Build that Wall !
An Make America Great Again with a Trusting President that tells his Citizen’s the Truth !!
Trump 2016 !!! 🙂 🙂
It’s all that manure crossing the border that’s not contained in MEXICO ! ! !
LOL that’s what you get for believing Obama.
Only in California
You can thank the government for this
Not going to that third world state.