SACRAMENTO, Calif. — Gov. Gavin Newsom on Friday introduced he’s calling a particular legislative session in December for lawmakers to think about passing a tax on extreme earnings oil firms are making due to the spike in California gasoline costs.
Newsom mentioned he’s working with the management of the Democratic-controlled legislature to find out one of the simplest ways to tax the earnings and return that cash again to Californians getting stung each time they replenish their gasoline tanks.
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