Gavin Newsom Reacts to High Gas Prices With More Taxation
When all you have is a hammer, every problem is a nail. All Democrats have is ever more government, which takes the form of ever higher taxes. Consequently, Gavin Newsom is addressing high gas prices by raising taxation on gas:
NEW: I'm calling for a Special Session to address the greed of oil companies. Gas prices are too high. Time to enact a windfall profits tax directly on oil companies that are ripping you off at the pump.
— Gavin Newsom (@GavinNewsom) October 7, 2022
As noted at The Blaze,
The national average for a gallon of gas is about $3.89 according to the Automobile Association of America, while the average cost per gallon in California is $6.39, or 64% greater than the rest of the country.
Gas is more expensive in Governor Newsom’s California not because capitalists are greedy but due to higher taxes and more repressive regulations — i.e., because there is more government. The Democrat solution to too much government is more government.
By contrast, Florida Gov. Ron DeSantis announced a gas tax holiday that drove prices down lower in his state. A gallon of gas in Florida costs about $3.22, far lower than that in California.
Oil companies are not less greedy in Florida. But the people running the state government are.
On a tip from Mr. Freemarket.
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