Last November, thestate's diesel tax jumped by 20 cents, to 36 cents per gallon — an increase of 125 percent. Also, the new law lifted the diesel sales tax rate to 13 percent from 9 percent. That said, farming does have a partial tax exemption on diesel when they use fuel for ha...
The elimination of the EV tax credit would lead to a drop in prices and initially cut into Tesla's profits. However, lower EV prices would also increase losses for legacy automakers still losing money on EVs and trying to get a firmer footing in the EV market. If traditional a...
The California Governor, Legislature and State Air Resources Board areworkinghand in glove to restrict the availability of oil and gas and increase the cost of gas at the pump so severely, middle class and working class drivers will be making choices between groceries and fuel for the car....
“An obligatory increase in fuel duty, however, and government legislation banning the production and sale of petrol and diesel cars outright, were not popular,” the article said. Those opposed to paying more fuel tax outnumbered those in favour in all countries.” “And asked what they though...
Kamala Harris’ support for the “Green New Deal” in California has led to the States’ most expensive electricity and fuel prices in America, and increasingly high cost of living, housing, and transportation, coupled with an increase in crime, smash-and-grab robberies, homelessness,...
Intended to enhance the reliability of highway revenues, the proposal would eliminate a 5% sales tax on gasoline and replace it with a 0.25% increase in the general sales tax specifically earmarked for transportation. Basic economic analysis shows clearly, however, that eliminating the sales tax ...
He didn't elaborate. Newsom had already proposed delaying an annual inflation-indexed increase in the fuel tax that was set for July 1, as part of his budget plan for the next fiscal year. He said Tuesday that it's clear it's time to go further. 展开 年份: 2022 ...
Employee mileage reimbursement is tax-free for employers in California.However, this rule applies as long as your company’s mileage rate is not more than the current standard mileage rate issued by the IRS. As of 2025, the IRS mileage rate for business related travel is 70 cents per mile....
Car insurance costs typically increase after a speeding ticket, but how much you’ll pay can vary widely by provider. USAA has the lowest average costs for drivers after a ticket, according to our study: $899 per year lower than the state average in this category. USAA only sells car insu...
Last month, governors representing Nevada and Arizona, which import gas from California, sent a letter urging Newsom to reconsider the proposal. They said at the time they were concerned it could increase prices in their states. It's not the first time Newsom has tried to apply pressure on ...