Town Square

Post a New Topic

California might levy a new tax on oil companies. Here's what to know

Original post made on Nov 8, 2022

Here are the basics of the new windfall profit tax Gov. Gavin Newsom proposed, and how similar taxes have worked in the past.

Read the full story here Web Link posted Monday, November 7, 2022, 9:53 PM

Comments (1)

Posted by Parent and Voter
a resident of Danville
on Nov 8, 2022 at 6:10 am

Parent and Voter is a registered user.

Taxing is what California does best. Higher costs for all businesses are passed along to the consumer. I wonder if California will increases taxes for wealthy companies like Amazon and Facebook? Or do they have loopholes given to them?


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

In order to encourage respectful and thoughtful discussion, commenting on stories is available to those who are registered users. If you are already a registered user and the commenting form is not below, you need to log in. If you are not registered, you can do so here.

Please make sure your comments are truthful, on-topic and do not disrespect another poster. Don't be snarky or belittling. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

See our announcement about requiring registration for commenting.

Stay informed.

Get the day's top headlines from DanvilleSanRamon.com sent to your inbox in the Express newsletter.

How we eat away at our open space, even in Palo Alto
By Sherry Listgarten | 5 comments | 7,114 views

“It is the mark of an educated mind to be able to entertain a thought . . .
By Chandrama Anderson | 9 comments | 3,657 views

Feds retreat quickly from natural gas ban, not so California
By Tim Hunt | 4 comments | 901 views

Now we're cooking with gas
By Monith Ilavarasan | 4 comments | 800 views

Becoming a Dental Specialist
By Elizabeth LaScala | 0 comments | 509 views