“Nothing justifies these outrageous and unconscionable prices,” he said. A new tax would require a two-thirds vote from the Legislature. Republicans have already come out in opposition, calling instead for the state to cut the gas tax — an idea Newsom quickly rejected because there’s no guarantee the savings would be passed on to consumers. […]
The post Newsom calls special session of Legislature to consider windfall tax on oil companies over high California gas prices appeared first on The Black Chronicle.
