Money

California tax refund for car owners

I’m honestly perplexed by this decision. Even the electric car users will get this. I don’t own a car so I wouldn’t be eligible. This is just a really strange proposal considering that electric car owners would get this offset and people who rely on MUNI and other public transport are not getting this money.

Newsom proposes $400 debit cards to offset soaring gas prices for car owners

Newsom’s announcement is part of an $11 billion package his office said would help residents deal with the high price of gasoline, which has soared to a statewide average of $5.87 per gallon.

The debit cards would be mailed to the registered owners of vehicles, with a maximum of $800 per person for those who own more than one vehicle. In addition, Newsom wants to provide relief to non-drivers by making rail and mass transit service free for three months.

Millions of people could get $400 debt cards if the plan is approved. According to the DMV, there are more than 35.8 million registered vehicles in California, though that number includes people with multiple titles. Rebates would also go to drivers who have electric cars or those with lease agreements.

The governor proposed providing refunds to all vehicle owners, regardless of their income. 

SF Chronicle

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