Taxes
Blog
State Budget Update – Nonpartisan Analyst Says May Revise Puts State on Path to Serious Budget Problems
Now that the calendar page has turned to June, it’s crunch time for lawmakers and the Governor to reach a budget agreement before the June 15 constitutional deadline to pass a balanced budget. However, a new multi-year analysis of the state budget’s picture released last week suggests that enacting the ...
Blog
The May Revise: Two Big Questions Overshadow Newsom Spending Plan
On Friday, Gov. Gavin Newsom released the “May Revise” of his 2022-23 state budget plan, officially kicking off the race to pass a balanced budget before the June 15th constitutional deadline. There were two major questions for Newsom as he released his revised budget plan. First, when are we going ...
Blog
State Budget Update: Senate Democrats Want to Spend More as Analyst Warns About Higher Spending
While Democrats fought amongst themselves over gas tax relief last week, attention is now shifting to next week’s release of Gov. Newsom’s “May Revise” updated budget plan. In advance, Senate Democrats put down their marker, unveiling their gas tax relief plan called the “Better for Families Rebate” as part of ...
Blog
Don’t Spend Your Gas Tax Rebate Yet . . .
Not much progress has been made in the effort to enact a gas tax rebate or gas tax holiday since lawmakers and Gov. Newsom released competing proposals last month. Californians have been waiting for Sacramento to take action to provide relief from gas prices that, even though may have dipped ...
Blog
There’s No Such Thing as Free Public Transportation Either
Whether it’s suspending the gas tax, $400 gift cards, or $200 refund checks – these proposals to help Californians cope with high gas prices all have varying degrees of merit. But free public transportation? That was a real head scratcher. Gov. Newsom, in his $11 billion relief package for Californians, ...
Blog
Despite Jones Act, Gas Prices Are Even Lower in High-Cost Hawaii Compared to California
Recently, I enjoyed a week-long vacation in Hawaii. One of the highlights of my trip was a circle island tour across Oahu. When driving through Waimanalo on our way to the Pali Lookout, I noticed a gas station selling regular unleaded for $5.08 per gallon. In fact, Hawaii’s price was ...
Business & Economics
Wayne Winegarden Discusses the Cost Benefits of Eliminating Wisconsin’s Minimum Markup Law in the Madison Reporter
PRI senior fellow in business and economics Wayne Winegarden was interviewed by the Madison Reporter on the cost benefits of eliminating Wisconsin’s minimum markup law than a gas tax holiday. “Eliminating the minimum markup law would create a healthier competitive environment and have beneficial cost implications in the longer-run than ...
Blog
To Give Californians Real Relief from High Gas Prices, Sacramento Must Legislate Energy Prosperity
By Tim Anaya and Wayne Winegarden As of April 5, average state gas prices in California were $5.84 per gallon for regular, according to AAA, which were the nation’s highest average gas prices. Previously on Right by the Bay, we wrote about the one-upmanship between Democrats and Republicans in the ...
Blog
Assembly Progressives’ Solution to Astronomical Gas Prices? Increase Taxes on Gas
Only in California will you witness Assembly progressives hijacking a bill that suspends a tax to gut-and-amend it with language that enacts a new tax. Assemblymember Kevin Kiley (R-Rocklin) introduced Assembly Bill 1638 at the beginning of this year in response to the considerable jump in gas prices following the ...
Blog
Who Will Benefit from the Great Gas Tax Rebate Debate of 2022?
By Tim Anaya and Wayne Winegarden The news that average gas prices per gallon in Los Angeles County have soared past $6 per gallon has triggered the “Great Gas Tax Rebate Debate of 2022.” Democrats and Republicans in Sacramento are pushing dueling gas tax relief proposals. Legislative Republicans have proposed ...
State Budget Update – Nonpartisan Analyst Says May Revise Puts State on Path to Serious Budget Problems
Now that the calendar page has turned to June, it’s crunch time for lawmakers and the Governor to reach a budget agreement before the June 15 constitutional deadline to pass a balanced budget. However, a new multi-year analysis of the state budget’s picture released last week suggests that enacting the ...
The May Revise: Two Big Questions Overshadow Newsom Spending Plan
On Friday, Gov. Gavin Newsom released the “May Revise” of his 2022-23 state budget plan, officially kicking off the race to pass a balanced budget before the June 15th constitutional deadline. There were two major questions for Newsom as he released his revised budget plan. First, when are we going ...
State Budget Update: Senate Democrats Want to Spend More as Analyst Warns About Higher Spending
While Democrats fought amongst themselves over gas tax relief last week, attention is now shifting to next week’s release of Gov. Newsom’s “May Revise” updated budget plan. In advance, Senate Democrats put down their marker, unveiling their gas tax relief plan called the “Better for Families Rebate” as part of ...
Don’t Spend Your Gas Tax Rebate Yet . . .
Not much progress has been made in the effort to enact a gas tax rebate or gas tax holiday since lawmakers and Gov. Newsom released competing proposals last month. Californians have been waiting for Sacramento to take action to provide relief from gas prices that, even though may have dipped ...
There’s No Such Thing as Free Public Transportation Either
Whether it’s suspending the gas tax, $400 gift cards, or $200 refund checks – these proposals to help Californians cope with high gas prices all have varying degrees of merit. But free public transportation? That was a real head scratcher. Gov. Newsom, in his $11 billion relief package for Californians, ...
Despite Jones Act, Gas Prices Are Even Lower in High-Cost Hawaii Compared to California
Recently, I enjoyed a week-long vacation in Hawaii. One of the highlights of my trip was a circle island tour across Oahu. When driving through Waimanalo on our way to the Pali Lookout, I noticed a gas station selling regular unleaded for $5.08 per gallon. In fact, Hawaii’s price was ...
Wayne Winegarden Discusses the Cost Benefits of Eliminating Wisconsin’s Minimum Markup Law in the Madison Reporter
PRI senior fellow in business and economics Wayne Winegarden was interviewed by the Madison Reporter on the cost benefits of eliminating Wisconsin’s minimum markup law than a gas tax holiday. “Eliminating the minimum markup law would create a healthier competitive environment and have beneficial cost implications in the longer-run than ...
To Give Californians Real Relief from High Gas Prices, Sacramento Must Legislate Energy Prosperity
By Tim Anaya and Wayne Winegarden As of April 5, average state gas prices in California were $5.84 per gallon for regular, according to AAA, which were the nation’s highest average gas prices. Previously on Right by the Bay, we wrote about the one-upmanship between Democrats and Republicans in the ...
Assembly Progressives’ Solution to Astronomical Gas Prices? Increase Taxes on Gas
Only in California will you witness Assembly progressives hijacking a bill that suspends a tax to gut-and-amend it with language that enacts a new tax. Assemblymember Kevin Kiley (R-Rocklin) introduced Assembly Bill 1638 at the beginning of this year in response to the considerable jump in gas prices following the ...
Who Will Benefit from the Great Gas Tax Rebate Debate of 2022?
By Tim Anaya and Wayne Winegarden The news that average gas prices per gallon in Los Angeles County have soared past $6 per gallon has triggered the “Great Gas Tax Rebate Debate of 2022.” Democrats and Republicans in Sacramento are pushing dueling gas tax relief proposals. Legislative Republicans have proposed ...
