A Historic Nashville Music Venue—Now Open—Is Fighting to Survive. ‘Everything Has Changed.’


The Wall Street Journal 01 July, 2021 - 08:57am 32 views

How much is the new gas tax in California?

The new tax will increase the price of regular by six-tenths of a cent, which will bring the state gas excise tax to 51.1 cents per gallon. The tax on diesel will increase by four-tenths of a cent to 38.9 cents. CBS Los AngelesNew California Gas Tax Hike Takes Effect, Drivers Now Paying Over 51 Cents Per Gallon In State Taxes

Is California gas tax going up?

Since SB1's passage in 2017, California's gas tax has increased by 21 cents. SB1 is also known as the California Road Repair and Accountability Act of 2017 which divvies the revenue between state and local governments. ... The average in San Diego is $4.26 for a gallon of regular unleaded gas. CBS News 8'I'm going to try and not go anywhere': California's gas tax increases again on July 1

For two weeks, Chris Cobb checked the weather forecast obsessively. Exit/In, the historic Nashville music venue he owns, was set to host its first live event since Covid-19 shut it down.

He had been plotting a return for months, rehiring staff, negotiating with artists and transforming an old shipping container into an outdoor stage with a new 40-foot mural. Money flowed out of the club’s checking account. Revenue from ticket sales trickled in.

On June 1, a day before the first two bands were scheduled to perform, forecasters called for a greater than 90% chance of rain, as well as thunder. “It’s 444 days that we’ve been closed. We are going to get rained,” said Mr. Cobb. “It’s a cancel-the-show forecast.”

Covid-19 devastated the live-events business as venues went dark due to lockdowns and a lack of demand. In metropolitan Nashville, home to a vibrant live-music scene, revenue and employment fell nearly 75% at independent music venues in 2020, according to the Nashville Area Chamber of Commerce.

As state governments lift restrictions on large gatherings, small businesses across the country are trying to figure out how to make up for a lost year. Rising vaccinations and an American public eager to get back out are providing reason for hope. At the same time, workers aren’t rushing back. Capacity restrictions and other safety measures can dent profits. Rent relief from landlords has ended or will soon, and government loans are running out.

You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service.

Please click confirm to resume now.

Read full article at The Wall Street Journal

Gas prices to increase more Thursday as new CA tax takes effect

kuna noticias y kuna radio 01 July, 2021 - 01:10pm

It's only pennies that will be tacked on each time you fill up, but it's coming at a time that some drivers said they're already feeling a pinch in their bank accounts when they fill up their tanks.

The tax will bring Californians to about 51 cents of tax per gallon, but it's only increasing per gallon by just six-tenths of one cent.

California already has the highest taxes on gasoline in the country. The state's average price at the pumps is $4.275, according to Gas Buddy.

"There’s not much you can do; if you want to drive your car, you have to have gas," driver Martha Bolt said. "So, just have to grin and bear it."

The increase is coming due to Senate Bill 1, which was signed into law in 2017. The bill incrementally increases the fuel tax each year to help fund road and bridge repairs.

Travel experts said they're not expecting the increase to significantly impact people's wallets. "It's about 0.6 cents per gallon," said AAA spokesman Doug Shupe. "And for that typical 14-gallon size fuel tank, that means you're paying about eight cents more per fill up – so not a huge difference."

But as we head into the holiday weekend, demand on fuel is putting pressure on the price of gas. And concern is growing about how costs will affect people's decisions to travel.

"There’s a lot of folks that probably aren't going to travel, and if they do travel, they probably won't go as far as they might," Steve Reiter said.

Some are avoiding the pumps altogether, hoping to keep their tanks and their bank accounts above empty.

Petroleum experts said we could finally see prices start to level off by the fall.

Joining News Channel 3 and CBS Local 2 as a reporter, Jake is excited to be launching his broadcasting career here in the desert. Learn more about Jake here.

You must be logged in to post a comment.

Terms of Service | Privacy Policy |

KESQ-TV FCC Public File |

KPSP-TV FCC Public File |

KDFX-TV FCC Public File |

New Gas Tax Set to Go Into Effect in California on July 1st

KPIX CBS SF Bay Area 01 July, 2021 - 01:10pm

Business Stories