California Looking To Revamp Gasoline Tax System ...Middle East
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Sacramento, CA — As more electric vehicles enter California roadways over the coming years, it will disrupt the main revenue source for fixing roads, the state’s gasoline tax. Governor Gavin Newsom has set a directive to end the sale of new gasoline powered vehicles by 2035. In doing so, the amount of money spent on gasoline will decline, and in turn, reduce state road maintenance revenues. An alternative could be a “road user charge” program that taxes people based on the number of miles they travel. Some early studies have estimated that a tax of around 1.8 cents per mile would make up for the combined state gas tax revenue collected at the pump. Today the federal government announced that
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