CA lowers gas tax

As reported by The Hill:

California is lowering the amount of money drivers in the state will have to pay at the pump to help pay for transportation projects, The Associated Press reports.

The California Board of Equalization has voted to lower the state’s excise tax on gas purchases from 30 cents per gallon to 27.8, according to the report.

Drivers in California are charged an additional 10.62 cents per gallon in other taxes on their fuel purchases, according to the American Petroleum Institute (API).

California’s fuel levy is collected on top of an 18.4 cents per gallon federal gas tax that is charged to all drivers in the nation to fill the federal government’s transportation funding coffers. …

Click here to read the full article