Gov. Newsom to LOWER Gas Prices With Gas Tax HIKES !! | Frontpage Mag (www.frontpagemag.com)

How stupid do you have to be to believe this?

I don’t know. But in my brief tenure as a Californian, I’ve seen voters believe that giving politicians billions of dollars would solve “homelessness”, vote for most tax hikes and the most insane leftist politicians.

Tax hikes to lower gas prices? Bring them on.

California Gov. Gavin Newsom is lashing out at oil companies who he says are “fleecing” Californians with gasoline prices that are rising disproportionately in the Golden State.

“The fact is, they’re ripping you off. Their record profits are coming at your expense,” Newsom said in a scathing video posted to Twitter Friday in which the governor called for a new windfall tax on oil companies.

They are ripping you off. And by “they”, I mean Newsom and the Democrat supermajority.

Let’s look at the cost of gas at the California pump again.

A report from Stillwater Associates last year found that California consumers were paying an extra $1.19 a gallon. This year the added costs include a 51 cent state excise tax, an 18 cent sales tax, 20 cents for Fuels Under the Cap, part of the state’s corrupt environmental cap and trade program and 17 cents for the Low Carbon Fuel Standard.

Californians are paying a $1.41 federal and state tax markup on $3 bucks of crude.

Or almost half.

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Posted by freeeric

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