Thursday, March 30, 2017

Get ready to pay more at the pump; California's gas taxes could see 43 percent hike!

Press Enterprise | AP ^ | 3-29-17 

California’s governor and legislative leaders on Wednesday proposed raising $52 billion to fix the state’s roads through a big gasoline tax increase, higher car registration fees and a charge on emission-free vehicles.

The 10-year plan would boost gasoline excise taxes for the first time in more than two decades, raising them 12 cents per gallon — a 43 percent increase. The tax would rise automatically with inflation.

For the first time, owners of zero emission vehicles would pay a $100 annual fee because they use public roads but don’t pay gasoline taxes that fund highway maintenance.

The plan also includes a sliding fee on vehicles, with owners of cheaper vehicles paying less. The fee, separate from annual vehicle registration fees, would range from $25 a year for vehicles worth less than $5,000 to $175 for cars worth $60,000 and up.

Gov. Jerry Brown said the plan would cost most drivers less than $10 per month and would be offset by reduced vehicle-repair expenses. The governor and Democratic legislative leaders hope to rush it through the Legislature next week.

“Yes, it costs money. And if the roof in your house is leaking, you better fix it, because it gets worse all the time,” Brown said at a Capitol news conference. “This is mostly about fixing what we already have. If for some reason people try to fight this, and God help us if they were successful, they won’t defeat this, they’ll just delay it and make the expenses go up.”
(Excerpt) Read more at pe.com ...