California gas tax revenue will drop by $6 billion ... - Reddit

Those declines in tax dollars will be partially offset by the state’s road improvement fee, which drivers pay when they register their electric cars. But the Legislative Analyst’s Office stressed …

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California Gas Tax Revenue Will Drop By $6 Billion ... - Reddit

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California’s Gas Tax Revenue To Drop By $6 Billion As It ... - Reddit

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California pays about 58 cents a gallon in taxes. To fill up the tank in my truck that has 15 gallons, it costs: 0.58 cents x 15 gallons = $8.7 per time I fill up. 300/8.7= about 35 times filling up So if …

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California Gas Tax Revenue Will Drop By $6 Billion ... - Reddit

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Get the Reddit app Scan this QR code to download the app now ... California gas tax revenue will drop by $6 billion, threatening roads calmatters.org Open. Share Add a Comment. Sort by: …

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California Gas Tax Revenue Will Drop By $6 Billion, Threatening Roads

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Dec 13, 2023 · California’s funding from gas taxes will drop by nearly $6 billion in the next decade due to the state’s electric car rules and other climate programs, “likely resulting in a decline in …

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California Gas Tax Revenue Will Drop By $6 Billion, Threatening …

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Dec 14, 2023 · The report projects declines of $5 billion, or 64%, in the state’s gasoline excise tax, $290 million, or 20%, in the diesel excise tax and $420 million, or 20%, in the diesel sales …

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California Gas Tax Revenue Will Drop By $6 Billion ... - GV Wire

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Dec 21, 2023 · California’s funding from gas taxes will drop by nearly $6 billion in the next decade due to the state’s electric car rules and other climate programs, “likely resulting in a decline in …

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Dec 23, 2023 · California’s funding from gas taxes will drop by nearly $6 billion in the next decade due to the state’s electric car rules and other climate programs, ... California gas tax revenue …

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California’s Gas Tax Revenue To Drop By $6 Billion As It ... - Reddit

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Get the Reddit app Scan this QR code to download the app now. Or check it out in the app stores ... California’s gas tax revenue to drop by $6 billion as it transitions to EVs, state officials say …

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Dec 14, 2023 · As California decides how to raise money over the next 10 years to offset gas tax losses, it’s also dealing with a projected $68 billion deficit next year. Scott Budman has more …

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Dec 14, 2023 · Photo by Larry Valenzuela, CalMatters/CatchLight Local. (CALMATTERS) – California’s funding from gas taxes will drop by nearly $6 billion in the next decade due to the …

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EV Transition Threatens Roads With Big Gas Tax Revenue Drop

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Dec 14, 2023 · California’s funding from gas taxes will drop by nearly $6 billion in the next decade due to the state’s electric car rules and other climate programs, “likely resulting in a decline in …

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California Gas Tax Revenue Will Drop By $6 Billion ... - Reddit

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Posted by u/Peeecee7896 - 1 vote and 1 comment

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Electric vehicles or EVs bring a lot of benefits to California, but there is a cost. By not getting gas, EV owners don’t pay the gas tax and that’s costing the state billions. Scott Budman ...

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Dec 15, 2023 · California’s funding from gas taxes will drop by nearly $6 billion in the next decade due to the state’s electric car rules and other climate programs, “likely resulting in a decline in …

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Road Projects Threatened As Electric Cars Lead To Lower California …

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Dec 18, 2023 · Caltrans crews at work on the I-5 bridge over Route 163 in October. Courtesy Caltrans. California’s funding from gas taxes will drop by nearly $6 billion in the next decade …

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California's Gas Tax Revenue To Drop By $6 Billion As It ... - YouTube

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Dec 14, 2023 · Electric vehicles or EVs bring a lot of benefits to California, but there is a cost. By not getting gas, EV owners don’t pay the gas tax and that’s costing t...

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FAQs about California gas tax revenue will drop by $6 billion ... - Reddit Coupon?

Is California's gas tax increasing?

California’s gas tax increased by 5.6 cents per gallon on Friday, taking the current tax to 53.9 cents per gallon. AAA spokesperson Marie Montgomery stated, "It's a 3-cent increase in a backdrop in which we have seen gas prices go up $2 from this same time last year\. ...

How much does a gas tax cost in California?

Currently, state gas taxes range from 14.32 cents per gallon in Alaska to 62.05 cents per gallon in California, not including the 18.4 cents per gallon federal gas tax. Rather than dedicating all gas tax revenue to roads and highways, many states divert portions of the revenue to non-road and non-transportation purposes. ...

Does California spend gas tax revenue on non-roadway purposes?

However, California diverts revenue from other driver charges, such as registration and license fees, to law enforcement and rail transportation. Therefore, California still spends revenue generated from automobiles on non-roadway purposes. There are clear patterns in where diverted gas tax revenue is allocated. ...

How did Texas get a big jump in gas taxes?

The state’s most recent big jump in gas taxes occurred in 2017, when the Legislature passed a bill aimed at increasing revenues by $5 billion a year to finance highway improvements. Opponents tried to cancel the tax increase through a ballot measure the following year, but voters rejected the repeal. ...

How will California's electric cars affect tax revenue?

As the state battles climate change and Californians drive fewer gas-powered cars, tax revenue will drop substantially, according to a new state analysis. EV fees will make up only part of the transportation shortfall so lawmakers need new funding options. ...

Will California's gas-tax law improve road conditions?

Revenues from the gas-tax law are being spent to improve those conditions, but given the size of California’s roadway network and its long-neglected condition, it could be years before improvements become evident. ...