Commentary
Now and then the Los Angeles Times comes out against a tax increase, as with Proposition 30 this year, the added income tax on millionaires. But Gov. Gavin Newsom’s proposed new gas tax isn’t one of those times. Unfortunately, the L.A. Times is one of the most influential powers in the state. Fortunately, we now have The Epoch Times to counter it.
Let’s look at the L.A. Times’ editorial in favor of Newsom’s proposed new gas tax, which the Legislature will take up in January in a special session. It’s otherwise called a “windfall profits tax”—or, in Newsom’s parlance, a “price gouging penalty” on supposedly excessive profits….