Gas Tax

With tears in her eyes, Anneisha Williams, a Jack in the Box employee from Inglewood, lifted the piece of paper that was Assembly Bill 1228 with Gov. Gavin Newsom’s fresh signature. The measure will raise the minimum wage for fast food workers to $20 an hour next April and create a council to set labor […]

When might Californians get more details about Gov. Gavin Newsom’s proposal to enact a windfall profits tax on oil companies, which newly elected state lawmakers are set to consider in a special legislative session beginning on Dec. 5? The specifics of the proposal aren’t likely to surface until the start of the special session, the […]

Here are the basics of the new windfall profit tax Gov. Gavin Newsom proposed, and how similar taxes have worked in the past.

Readers had questions about California’s gas rebate payments, including whether it matters how many cars you have and why it’s based on 2020 tax returns. We’ve answered some here.

Here’s who is eligible for a 2022 gas rebate, how you will get it, when and how much you should expect.

If you’ve got your mind on your money and your money on your mind, you aren’t alone. Driven largely by increases in the cost of food, housing and health care, inflation rose 8.2% in September compared to the same time last year, the U.S. Bureau of Labor Statistics announced Thursday. And the core inflation rate […]

Gov. Gavin Newsom called a special legislative session on rebates to offset high gas prices funded by a windfall profits tax on oil companies. The session will be Dec. 5, timed with the swearing-in of the new Legislature.

As California gas prices approach record highs — though costs could soon drop by as much as $1 per gallon — there’s “9.5 billion reasons I think people should be appreciative that the state’s recognizing the stress and strain that families are going through,” Gov. Gavin Newsom said Thursday. The governor’s comments — made during […]

Gov. Gavin Newsom hadn’t even finished dispensing with all of the bills on his desk ahead of Friday’s midnight deadline before he issued a call for new legislation. “We’re not going to stand by while greedy oil companies fleece Californians,” the governor said in a stern Twitter video, citing a lopsided surge in gas prices […]

Remember when Gov. Gavin Newsom and state lawmakers struck a deal a couple of months ago to send millions of California taxpayers between $200 and $1,050 to help cover the rising cost of living? Well, a week from today, the state is set to begin depositing the first round of payments in Californians’ bank accounts. […]