FYI... 12 Cent Increase in Gas Tax Takes Effect On Nov 1st so fill up now đ #gas #gashike #gasTax #fact #california

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FYI... 12 Cent Increase in Gas Tax Takes Effect On Nov 1st so fill up now đ #gas #gashike #gasTax #fact #california

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Democrats Counter Trumpâs Gas Tax Suspension with Windfall Tax and Export Ban
### Washingtonâs Fuel Policy FaceâOff: Trumpâs Tax Pause vs. Democratic Countermeasures President Donald Trumpâs proposal to suspend the federal gasoline tax has collided with a broad, bipartisan coalition on Capitol Hill. While the administration frames the suspension as immediate relief for motorists, Democratic leaders are unveiling a parallel strategy that targets the root of high fuel prices without compromising federal revenue. Central to the plan are a windfall tax on excess oilâcompany profits and a proposed ban on petroleum exports, measures designed to redirect surplus earnings into the Treasury and curb domestic price spikes. ## Key Takeaways - **Bipartisan resistance:** Both Republicans and Democrats express concern that a gasâtax suspension would erode a critical funding source for the Highway Trust Fund. - **Windfall tax proposal:** Rep. Brad Sherman (DâCA) is spearheading legislation to levy a tax on oil producers whose profit margins exceed a predefined threshold, aiming to capture excess gains for public use. - **Export restriction:** Democrats are considering a temporary ban on crude oil and refined product exports to tighten domestic supply and ease price pressure at the pump. - **Revenue protection:** The combined approach seeks to maintainâor even increaseâfederal revenue while delivering targeted relief to consumers. - **Political calculus:** The move positions Democrats as proactive problemâsolvers, contrasting with the administrationâs blunt tax suspension, and could shape upcoming election narratives. - **Infrastructure funding:** Preserving the gasoline tax safeguards longâterm financing for road and bridge projects, a priority for many legislators across the aisle. - **Market impact:** Analysts warn that an export ban could trigger shortâterm volatility in global oil markets, but proponents argue the domestic benefit outweighs the risk. - **Legislative timeline:** Both the windfall tax and export ban proposals are expected to be introduced in the coming weeks, with hearings slated before the end of the quarter. - **Public perception:** Early polling indicates strong voter support for measures that address fuel costs without âpennyâpinchingâ federal programs. - **Strategic positioning:** By framing the initiatives as revenueâneutral or revenueâpositive, Democrats aim to sidestep the partisan deadlock that has long stalled comprehensive energy reform. [Read Full Article](https://news.ababil360.com/democrats-counter-trumps-gas-tax-suspension-with-windfall-tax-and-export-ban/) #GasTax #WindfallTax #EnergyPolicy #Bipartisan #FuelPrices #OilProfits #ExportBan #Congress #Trump #newsababil360
Republicans are considering imposing registration fees on electric vehicles (EVs) to make up for declining gas tax revenue, according to The Washington Post. The fees, ranging from $200 to $500 annually, would be based on the vehicleâs battery size. Supporters argue that this would ensure EV drivers contribute to infrastructure costs, while critics believe it [âŚ]
New Proposal: Charging Fees for Electric Cars to Fund Roads #electricvehicles #EVregistrationfees #gastax #HighwayTrustFund #infrastructurefunding
I'm sure the new tax will do some good like it always does 𤣠đ #gas #gastax #California #fuckgovernment #666 đ (at I Need A Fucking Helmet) https://www.instagram.com/p/BzWRe_zASUxV5G80cUTx2KEmA3Zk8U458WTz1o0/?igshid=1hcw7xiw351yo
Today Saturday I'm going somewhere expensive place in town, watch cars burn money away from fuel pump!!! #stockton #gastax #increase (at Stockton, California) https://www.instagram.com/p/BwfX_hYgFX1/?utm_source=ig_tumblr_share&igshid=1lb8qgrnbjge1

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It seems like the government is saying that they want to encourage people to buy electric vehicles except when it hurts their revenues. EV owners should pay something to use the roads, but we also need to increase the number of Electric Cars on the road by making them cheaper to drive. Is it too soon to push for EV owners to âpay their fair shareâ for road use today? U.S. EV sales increased by 81 percent to 361,307 in 2018, but itâs still a nascent market, especially outside California. âIf we really want to see EVs replace the ICE [internal combustion engine], then not making them pay road use fees is one kind of fairly painless incentive that can be offered,â Chris Nelder, a manager with Rocky Mountain Instituteâs mobility practice, wrote in an email. He added: âMaking them pay the same as ICE [users] essentially says both are equally valid from the perspective of social priorities, ignoring the externalities,â such as fossil fuel consumption and planet-warming pollution. #EV #RoadTax #ElectricCars #ElectricVehicles #GasTax https://www.greentechmedia.com/articles/read/how-should-ev-owners-pay-for-use-of-the-roads https://www.instagram.com/p/BspEx_DBEwk/?utm_source=ig_tumblr_share&igshid=1t6z6s0u7dh11
Car Insurance Stickers - Minister of Transport & Works Dr. William Duguid explaining how the insurance sticker system works. #noroadtax #insurancestickers #mtw #gastax #williamduguid https://www.instagram.com/p/BqSC7KVgTNO/?utm_source=ig_tumblr_share&igshid=1qci2rm737t9q
Love that gas tax... already over $4 a gallon & we donât even have the magic âsummer blendâ (CA only) yet. #californiagasprices #gastax (at La Palma, California)