By Mary O’KEEFE

On June 23, CVW published an article titled “Gas Relief?” The article covered the issue of gas costs in California. CVW had reached out to Assemblymember Laura Friedman. Her comment came in after press deadline; below is her response to the question of a proposed “gas holiday.”

“The math is simple – a three-month gas tax holiday would maybe save a family $130 and that’s assuming the oil industry passes along the savings instead of padding their profit margin,” said Assemblymember Laura Friedman. “Our inflation rebate provides up to $1,050 in cash that goes directly to Californians. It’s fair and it’s far more effective.”

In October, millions of California residents will begin to receive a one-time inflation relief tax rebate. Gov. Gavin Newsom wanted to give California drivers relief from the state gas tax and a $400 per vehicle debit card, much like the state’s unemployment credit card system. Lawmakers did not like this suggestion so they worked on a compromise that resulted in the Middle Class Tax Refund.

Some residents could see as much at $1,050, depending on tax filing status, household size and income. For those filing a joint return and reported making $150,000 or less on their 2020 tax return with dependents will get $1050; without dependents $700. Those who make $150,000 to $250,000 with a dependent will receive $750; without a dependent $500. For those making $250,000 to $500,000, with a dependent, $600 and without $400.

The amount varies depending on how residents filed their 2020 tax return; for example, head of household or surviving spouse.

To receive the payment, California residents must have filed a complete 2020 tax return by Oct. 15, 2021.

Although it may not feel like it, at the pump gas prices are dropping ever so slowly. According to AAA, as of July 13 the average price per gallon in California was $6.027 for regular; on July 12 it was $6.058 and a month ago it was $6.436. Of course, a year ago the average was $4.313 per gallon for regular.