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Wednesday, April 27, 2022

And What Did The Analysis Show? April 27, 2022

From Fox News:

California lawmakers appear unlikely to pause the annual summer increase in the state's gasoline tax ahead of a May 1 deadline, Gov. Gavin Newsom’s office said on Monday.

The increase will go from 51 cents / gallon to 53.9 cents / gallon.

I was not going to post the story, considering it "not" news on so many levels, but then I read this, a "cut and paste" from the article:

"California already has the nation's highest gas tax at 51 cents per gallon.

The levy will rise to 53.9 cents per gallon at the beginning of July. Still, an analysis from LAO found it would only save drivers about 3 cents per gallon."

"An analysis"? LOL. It was simple arithmetic:

     53.9
    -51.0
        2.9 cents

That would be about right. About 3 cents less if they didn't increase the tax. I can't make this stuff up. No wonder Californians are in trouble.

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