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Gov. Newsom makes his offer on gas tax rebate

Original post made on Mar 24, 2022

Gov. Gavin Newsom has proposed $11 billion in a California tax rebate to offset high gas prices, including $400 debit cards per vehicle. He must negotiate a final deal with the Legislature.

Read the full story here Web Link posted Wednesday, March 23, 2022, 2:20 PM

Comments (5)

Posted by William Hitchens
a resident of Mountain View
on Mar 24, 2022 at 1:14 pm

William Hitchens is a registered user.

Just WHAT is Newsom thinking this time? He comes up with a lot real "winners". The price of gasoline is being driven by demand exceeding a Covid limited supply. If you give residents of CA $11 billion additional money to buy scarce gasoline, won't that just drive up gasoline prices even more? Micro economics 101. The REAL solution is to increase the supply of gasoline available in CA. Maybe CA could temporarily suspend its strict fuel blending requirements instead? This would allow importation of gasoline from cheaper states that don't presently make CA's special blend. Nah. That would make too much sense. God, I miss Jerry Brown. He'd never make a simple mistake like this.

Posted by Bystander
a resident of Another Palo Alto neighborhood
on Mar 24, 2022 at 1:29 pm

Bystander is a registered user.

Oh, oh, oh, must be time for reelection again!

Posted by Jennifer
a resident of another community
on Mar 24, 2022 at 6:22 pm

Jennifer is a registered user.

A temporary suspension of the .51 cent gas tax makes more sense but it was shot down by the Assembly. He does throw money at voters when he's looking at re-election. Free BART to work sounds nice.

Posted by Green Gables
a resident of Duveneck/St. Francis
on Mar 24, 2022 at 6:48 pm

Green Gables is a registered user.

Newsom is such an empty suit.

Posted by David, PA Hills
a resident of Palo Alto Hills
on Mar 24, 2022 at 11:58 pm

David, PA Hills is a registered user.

How about a rebate check to gas using vehicle owners? Aren't they the ones paying the gas tax? Why should EV owners get a rebate, they don't pay the gas tax?

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