InvestorsHub Logo

SoxFan

10/30/22 8:55 AM

#52870 RE: Flubug #52869

CA pays $.187 in Fed taxes per gal + $1.02 aprox in state tax plus sales tax plus additional additives the state requires for the environment as of 3-12-21.

Not only will the keystone do absolutely nothing for the US but the oil was to go to the Valero refinery which is tax free.

https://www.sandiegouniontribune.com/business/story/2021-03-12/how-much-are-you-paying-in-taxes-and-fees-for-gasoline-in-california#:~:text=The%20federal%20government%20charges%20an%20excise%20tax%20of,the%20state.%20Plus%2C%20there%E2%80%99s%20a%20state%20sales%20tax.