Jerry Brown just hit Californians with a $58 billion tax bomb!
From Sacbee.com: Now that Gov. Jerry Brown has signed into law billions of dollars in higher fuel taxes and vehicle fees, the state will have an estimated $52 billion more money to help cover the state’s transportation needs for the next decade.
The money comes largely from a 12-cent increase in the base gasoline excise tax and a new transportation improvement fee based on vehicle value. Other money will come from paying off past transportation loans, Caltrans savings, and new charges on diesel fuel and zero-emission vehicles.
The bulk of the revenue raised will go to various state and local road programs, as well as public transit, goods movement and traffic congestion.
This is what you get when you have Born and Bred Dope Liberals running the ship..Good luck California.
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