What does CA Cap & Trade cost us?
Governor Moonbeam has instituted Cap & Trade on the oil industry which provides us the gasoline and diesel for our RV's. I rigorously track all my taxes paid including fuel taxes, for my income tax...
Forum Discussion
Rocky2 wrote:I have no idea how much costs are involved, but I can assure you the petroleum producers will pass on at least 100% any tax as well as the costs involved in tracking and paying any taxes. That is how business works.
As far as I know, this is not a direct tax on consumers. It is a cost of doing business on petroleum producers. How much of this cost is passed through to consumers is up to them.
