A "hidden" gas tax to welcome in the New Year

As you all know, California’s gasoline prices are among the highest in the United States. Fortunately, as a result of a number of factors including increased drilling nationwide, gasoline prices have been falling significantly over the last few months.

Gasoline taxes are a big part of the per-gallon price of gasoline. At 68 cents per gallon, California’s gas tax is the nation’s second-highest. The intended purpose of California’s gas tax, though excessive, has been to fund highways and transportation projects. Now however, California motorists will be paying an even higher new tax imposed upon...