Newsom under fire as California gas tax hike sends pump prices even higher. Of the average $5.58 price per gallon cited by the lawmakers, about $4.43 reflects the cost of gasoline, with the rest going toward taxes and fees. California’s top Democrat won’t admit it, but after reviewing headlines citing an unfavorable business climate in the state, one would assume that the massive departure of businesses to other states and the subsequent reduction in state revenue are part of why gas taxes are being hiked.
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