"Not only are gas stations closing, but refineries are shutting down, too. One up north and one down south, two of the biggest in the state, are simply ending operations rather than trying to comply with new, onerous regulations that dictate how they can do business, how much fuel they must store, and more." . . .
. . . "Something similar is currently happening with local trash pick-up fees. A law aimed at keeping organic waste out of landfills was enacted ten years ago and has just taken effect. Now every city has additional costs for separate curbside containers and more expensive trash processing, costs passed on in higher sanitation fees to city residents and businesses. Take it up with the former governor.
"The current governor, however, is fully to blame for oil refineries closing in California. Phillips 66 is closing its Los Angeles refinery by the end of the year, and a Valero refinery in Benicia is set to shut down in April. These closures are expected to push gas prices up to even more painful levels.
"One reason this is happening is that Gov. Gavin Newsom called two special sessions of the legislature to pass laws with the stated purpose of cracking down on oil companies for the crime of, well, there actually was no crime. Just the crackdown." . . .
California 'wealth tax' proposal has its billionaires preparing to flee Wait a minute! Aren't these the coasties I referred to above? TD
"Norway passed a 1% wealth tax in 2022, and every successful tech entrepreneur bailed to Switzerland (and net tax revenue actually went down). Nobody tries to drown the golden goose of California tech more than its politicians."
"[White House Advisor David Sacks] on California’s Billionaire Tax Act “ 'A wealth tax has been tried in many places at many times. It always backfires because whatever the tax benefit is that you get for the state, it's greatly outweighed by the economic depression that you get by the wealthy people, the job creators, the companies, leaving.' ”



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