While Californians Grapple with $7 Gas And Minimum Wage Hikes: New Gas Tax Proposed
California is considering a significant increase in gasoline prices, with a proposed overhaul of fuel regulations potentially adding up to 47 cents per gallon. The move aims to align with the state’s climate goals but raises concerns about the burden on low-income drivers. The state’s low-carbon fuel standard, implemented in 2011, incentivizes the production of…