Hey there!
If you're wondering about the gas tax in California, let me break it down for you.
As of July 2021, the gas tax in California consists of three main components:
- Excise Tax: This is a fixed amount per gallon of gasoline, and it currently stands at 51.1 cents per gallon.
- Cap-and-Trade Program: This variable component is based on the carbon intensity of the fuel, and it adds an additional cost to each gallon of gasoline.
- Federal Excise Tax: This is a nationwide tax of 18.4 cents per gallon, which is included in the overall gas price.
It's important to note that these taxes are subject to change, and it's always a good idea to check with the California Department of Tax and Fee Administration for the most up-to-date information.
So, there you have it – a detailed explanation of the gas tax in California. I hope this helps!