George Runner http://kvpr.org en Price at the Pump to Go Up Monday Thanks to "Gas Tax Swap" http://kvpr.org/post/price-pump-go-monday-thanks-gas-tax-swap <p><span style="line-height: 1.5;">The price at the pump goes up today/Monday in California – by 3 ½ cents per gallon of gasoline.&nbsp; As Ben Adler reports from Sacramento, that’s because of a particularly complex part of an old state budget deal.</span></p><p>California tax law is full of confusing formulas with colorful names, like the triple flip and the single sales factor.&nbsp; Here, we’re talking about something called the gas tax swap.&nbsp; It stems from the 2010 budget deal in the heart of the recession.&nbsp;</p> Sat, 29 Jun 2013 19:10:58 +0000 Ben Adler 17559 at http://kvpr.org Price at the Pump to Go Up Monday Thanks to "Gas Tax Swap"