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Newsom calls special legislative session to consider tax on excess oil company profits

Por: Los Angeles Times Politics October 08, 2022

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Gov. Gavin Newsom on Friday announced he is calling a special legislative session in December for lawmakers to consider passing a tax on excessive profits oil companies are making because of the increase in California gas prices. Newsom said he is working with the leadership of the Democratic-controlled Legislature to determine the best way to tax the profits and return that money to Californians getting stung every time they fill up their gas... + full article



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