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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums$400 gas rebate could be in Californians' future under Democrat proposal
SACRAMENTO, Calif. - California Democrats on Thursday offered their proposal for a $400 rebate to offset the rising cost of gas. The rebate would be offered to all taxpayers in the state.
"To put that in context, for most vehicles, for most Californians, this $400 rebate is the equivalent to a one-year gas tax holiday," said Assemblywoman Cottie Petrie-Norris.
Petrie-Norris, who represents Californias 74th District including; Newport Beach, Laguna Beach, Costa Mesa, Laguna Woods and parts of Irvine and Huntington Beach, was among the state lawmakers gathered on the steps of the State Capitol in Sacramento.
The proposal seeks to use $9 billion of the state's $65 billion budget surplus to provide the rebate.
"Put money in the pockets of people and they will turn around according to their priorities and spend it on what matters," said Assemblyman Ken Cooley, (D -Rancho Cordova). 70% of the U.S. economy is fueled by consumer spending.
https://www.ktvu.com/news/could-a-400-gas-rebate-for-californians-be-in-the-future
NBachers
(17,133 posts)RandySF
(59,103 posts)JI7
(89,260 posts)direct cash to people .
BigmanPigman
(51,623 posts)Raine
(30,540 posts)werdna
(481 posts)When PUCO determines an electric or gas energy company has unfairly/illegally profited through one price gouging scheme or other, the COMPANY is required to rebate that profit back to each customer. Why should taxpayers foot the bill for the price gouging of oil companies?
The Mouth
(3,162 posts)It should be tied to how much gas you have to buy, nothing else.