If high taxes guaranteed results, then California should have some of the best roads in the nation. For years we’ve had one of the highest gas taxes, yet our freeways consistently receive failing grades.
It makes no sense unless you admit that high taxes don’t guarantee good roads. That’s one of many reasons I had no trouble voting with my State Board of Equalization colleagues to approve a 6 cent cut to the state’s gas tax. Under a confusing and complicated law commonly known as the “gas tax swap,” the state has been over collecting tax dollars as gas prices have fallen. The new rate helps solve this problem.
Any tax cut is a rare bit of good news for overtaxed Californians. This gas tax cut also has the added benefit of partially offsetting the cost of a new hidden gas tax that took effect January 1 to help fund high speed rail and other so-called anti-global warming efforts.
California will still have one of the highest gas tax rates in the nation, but even so not everyone is pleased to see the tax go down. In fact, some government officials are devising new schemes—like mileage taxes and road user fees—aimed at getting even more of your… Read More