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Member |
But the problem remains the same. People continue to vote these progressives into office. | |||
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| No More Mr. Nice Guy |
How will California determine how many miles a vehicle was driven in order to tax it by the mile? | |||
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Don't Panic |
They're not paying anyone anything. Journalists who don't know accounting shouldn't be writing business articles. They are making an accounting adjustment to reflect that facility's value went down with the decision to stop refining. Bookkeeping entry of an 'impairment charge' means, they had been carrying the facility as an asset on their books, and they are reducing that value by $1.1B. In point of fact, depending on how they've been taking depreciation tax deductions, they may get a reduction in their tax bill from that writeoff.This message has been edited. Last edited by: joel9507, | |||
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Invest Early, Invest Often |
Won't one of the other nearby Oil Companies likely purchase the closing Refinery ? | |||
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| Partial dichotomy |
^^^ I don't know why another oil company would want it, given the BS the state puts them through. SIGforum: For all your needs! Imagine our influence if every gun owner in America was an NRA member! Click the box>>>  | |||
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אַרְיֵה |
Back about 35 years ago, while maintaining my primary residence here in Florida (rear license plate only), my office was in New Jersey (front and rear plates required). I was driving my Florida car through a town in northern New Jersey (Tony Soprano area), a cop stepped off the sidewalk and waved me over. I stopped, he walked around to the rear of the car, saw the Florida plate, and grumpily told me to proceed. Everything about his demeanor indicated that he really wanted to write a ticket (my car was a Mercedes), but he couldn't find a reason to do that. הרחפת שלי מלאה בצלופחים | |||
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| I kneel for my God, and I stand for my flag |
State mandated black box that tracks and records mileage. | |||
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| Bookers Bourbon and a good cigar  |
California, I read, imports 40% of its fuel from India. Any dog can be a Guide Dog if you don't care where you're going. NRA ENDOWMENT LIFE MEMBER | |||
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| The Ice Cream Man |
That 35¢/mile has to be wrong. That’s far more than what a gasoline vehicle pays. | |||
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| Like a party in your pants  |
Last year my Daughter took a job in Big Sur at a resort as a food manager. The resort charged customers $3000+ per night. I checked the area on a map app and saw there was no where near the resort to live unless you bought a $7 million estate, I asked her how she was going to work there. She replied that she could stay at the resort for 2 months before she had to move out and find housing. She eventually could not find any housing that was affordable so she packed and left for Texas. I also asked who stays there at those rates. She started to give a A list of celebrities. I concluded that there are 3 classes that live in CA. One class that controls everything, has so much money that gas prices, insurance and home costs have no meaning. The next class are working people that can barely get by even if they are making a good salary.The 3rd class is the laborers that have to share housing and expenses to a level that most Americans would not settle for. I think the ruling class there will only care about themselves and then the laborers. I think they just want the state for themselves because they can easily afford it, and the slave labor to maintain it. | |||
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Member |
I should have read more carefully, an actual write-down of the facility makes sense. Thanks, Joel. . | |||
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| Don't Panic |
^^^No worries, it's literally the first line of the quoted article:
It's not just AI that spreads misinformation (although, that said, I'll bet some AI bot will pick this up and then start spitting it back out as gospel pretty soon.) | |||
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Alienator |
It sucks to suck. SIG556 Classic P220 Carry SAS Gen 2 SAO SP2022 9mm German Triple Serial P938 SAS P365 FDE P322 FDE Psalm 118:24 "This is the day which the Lord hath made; we will rejoice and be glad in it" | |||
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The Unmanned Writer |
While in the Navy we went to Caracas, Venezuela in the early 80s. As a young sailor, I took advantage of a cheap tour offered through the ship. The tour guide said nearly the same thing about her country at the time.  Life moves pretty fast. If you don't stop and look around once in a while, you could miss it. "If dogs don't go to Heaven, I want to go where they go" Will Rogers The definition of the words we used, carry a meaning of their own... | |||
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| I have not yet begun to procrastinate |
Well they’re not paying any gasoline tax so I wouldn’t put it past them. -------- After the game, the King and the pawn go into the same box. | |||
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| Savor the limelight |
Gasoline taxes in California appear to be $.60-$.71 per gallon depending on local taxes. Hitting up EVs $.27 a mile over the proposed $.07-$.09 per mile tax on ICE vehicles to make up the lost gas tax seems excessive. | |||
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Member |
Yes .35 cents is high but they do not care. That is the number they were using in this test. I ill see if I can fins the article and link it. “Our actions may be impeded... But there can be no impeding our intentions or our dispositions. Because we can accommodate and adapt. The mind adapts and converts to its own purposes the obstacle to our acting. The impeding to action advances action. What stands in the way becomes the way.” ― Marcus Aurelius | |||
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| Lawyers, Guns and Money  |
In other words: driving the middle class out of the State is a feature, not a bug. They don't want you there. They want a feudal system. "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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| No More Mr. Nice Guy |
That would seem to bring up a lot of privacy and 5th amendment issues. If all they need is an annual number of miles driven, then there are ways to either self-report or have it documented during a mandatory safety inspection. A tracking device in the vehicle will, hopefully, be fought strongly. | |||
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| Ammoholic |
The “Paying 1.1 to escape Kommiefornia” is artistic license. They aren’t paying that money to the state, they are writing off 1.1 billion dollars in what could be productive assets if the GDCs in Sacramento weren’t making a concerted effort to make it impossible to do business here. Part of the reason they are writing the facilities off is because nobody else wants to buy them. Maybe someday a developer could buy the property, clean it up, and build houses, but the way CA is hemorrhaging jobs, anybody left won’t be able to afford to buy a house, so even that probably won’t happen. | |||
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