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Suspending the Federal Gas Tax | Another Sales Tax Hike in L.A. · The Bill Handel Show

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Speaker 1: You're listening to Bill Handle on demand from KFI AM
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Speaker 1: six forty see bill Handle.
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Speaker 2: It is a top goal Tuesday, May twelfth.
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Speaker 3: Some of the big stories we're looking at, well, inflation
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Speaker 3: at three point eight percent annualized, and so that is
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Speaker 3: not good news at all.
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Speaker 2: Four prices going up.
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Speaker 3: And the President is on his way to Beijing today
0:25
Speaker 3: summit with Chinese leader Xi Jianping. And I think the
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Speaker 3: President is well. I think he is not holding the
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Speaker 3: cards here. I think you're going to see an uneven
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Speaker 3: meeting between the two. Okay, Now, one of the things
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Speaker 3: I said prior to the break is we're in the
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Speaker 3: middle of a gubernatorial race and it's wide open, wide open.
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Speaker 3: We don't even know if a Democrat is going to
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Speaker 3: be on the ballot because, as I've talked about before,
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Speaker 3: our system in California passed by the Democrats saying the
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Speaker 3: top two candidates who get the vote go on to
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Speaker 3: the general and could be Republicans because there are so
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Speaker 3: many Democrats splitting up the vote and only two Republicans.
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Speaker 3: So here is what's going on with particularly Democrats. They
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Speaker 3: promised the moon. The problem is, how do you pay for.
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Speaker 2: All of costs? Very costly.
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Speaker 3: Sacramento's current programs, well, no one can come up in
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Speaker 3: that answer. Newsome and the legislature have dug into the
1:35
Speaker 3: state into really deep financial holes and severe deficits spending
1:42
Speaker 3: and why because they've never met an entitlement program they
1:46
Speaker 3: didn't like.
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Speaker 2: We as.
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Speaker 3: The electorate, we vote more taxes over and over again.
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Speaker 2: And so how do we get around this.
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Speaker 3: Well, programs have to be cut, taxes have to increase,
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Speaker 3: the government legitimately legitimately has to be more cost effective
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Speaker 3: and efficient.
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Speaker 2: All three of them almost impossible. And so look what
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Speaker 2: we have.
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Speaker 3: Excessive borrowing, program delays, no outright eliminations. Every time we
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Speaker 3: have a bill of this passes, or tax that's passed
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Speaker 3: that sunsets, they're supposed to sunset, it doesn't. It absolutely doesn't.
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Speaker 3: I remember there was a tax for education the teachers,
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Speaker 3: and it was supposed to sunset, and it didn't, and
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Speaker 3: of course we voted for it, not the sunset, and
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Speaker 3: the teachers union said you got to pass it because
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Speaker 3: not one penny more of your taxes are going to
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Speaker 3: be spent, not a penny more.
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Speaker 2: Well, the point is they were.
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Speaker 3: The extra taxes were put in, and we're supposed to end,
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Speaker 3: and of course they didn't. The non Parson Legislative analyst
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Speaker 3: estimated that the d deficits are going to run from
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Speaker 3: twenty to thirty five billion dollars and the financial commitment
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Speaker 3: commitments are not sustainable, and mopping up the red ink
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Speaker 3: is going to be very, very difficult and one of
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Speaker 3: the big issues. And this is something that none of
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Speaker 3: the candidates are even talking about or figuring out how
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Speaker 3: to pay.
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Speaker 2: One of them is single payer.
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Speaker 3: No one wants to say national medical plans single payer,
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Speaker 3: and this is just the state of California. And single
3:37
Speaker 3: payer takes away private insurance. It takes away for the
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Speaker 3: most part, co pays and the state becomes the insurer.
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Speaker 3: Oh my god, how horrible is that. Now, keep in
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Speaker 3: mind this is going to cost money. It's horrible. We
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Speaker 3: have the best, the best medical care in the world. Okay,
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Speaker 3: I'd like to talk to the those people who don't
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Speaker 3: have insurance and can't afford it and can't afford going
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Speaker 3: to the doctor. I would like you to email me
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Speaker 3: and tell me how we have the best medical care
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Speaker 3: in the world where you can't afford to go to
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Speaker 3: the doctor, and when you do, you have to literally
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Speaker 3: go bankrupt. Why is every country in the in the
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Speaker 3: industrial world, in the industrialized world able to pull it
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Speaker 3: off with single payer and we can't. Oh, because it's socialist,
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Speaker 3: it's because it makes no sense. It's because we can't
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Speaker 3: afford to do this, Okay, And so where's the money
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Speaker 3: coming from?
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Speaker 2: In general?
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Speaker 3: Well, right now, the revenues are pretty good because the
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Speaker 3: stock market and income is pretty high in the state.
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Speaker 3: And since the state receives the vast majority of its
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Speaker 3: revenue on income tax, and when the economy goes south,
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Speaker 3: even a little bit in come tax drops.
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Speaker 2: What do you have.
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Speaker 3: Well, you have all those programs that have been passed,
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Speaker 3: all of those programs that must be paid for, and
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Speaker 3: all of those new programs that.
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Speaker 2: No one can afford, certainly the state. I mean, this
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Speaker 2: is absolutely crazy. Where's that stat that I was looking at?
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Speaker 3: And that's since twenty nineteen under Newsome, the state general
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Speaker 3: fund spending has gone up by one hundred billion dollars
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Speaker 3: to two hundred and forty eight billion. In the latest budget,
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Speaker 3: it's gone up thirty percent. It's unsustainable and there's no answer.
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Speaker 3: And you can't be elected if you say we have
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Speaker 3: to cut not in this state, we have to cut
5:48
Speaker 3: we have to raise taxes. Well, that's a tough one
5:52
Speaker 3: because we happen to like taxes for some reason. In
5:54
Speaker 3: the state, every Democrat is a Democrat elected legislature. There's
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Speaker 3: a super majority, so the people who vote and our
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Speaker 3: legislature and the governor just loves taxes. And we, of course,
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Speaker 3: by far the highest tax in the United States, our state.
6:13
Speaker 3: And so you're going to hear I'm going to do this.
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Speaker 3: I'm going to do that. I'm going to make our
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Speaker 3: state a cheaper place to live in. I'm going to
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Speaker 3: do more for the people of California with less money.
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Speaker 2: I'm going to get rid of fraud and waste.
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Speaker 3: And then you ask, how is it going any of
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Speaker 3: it going to be paid for? And anybody says, we're
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Speaker 3: cutting programs, we're getting rid of the social programs. You
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Speaker 3: don't get elected saying that you don't and now we're
6:48
Speaker 3: back to free pizza. That's what I'm going to give
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Speaker 3: you and elect me.
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Speaker 2: Now.
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Speaker 3: One of the things to deal with the cost of
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Speaker 3: gas line because as you know, well big secret, right,
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Speaker 3: the cost of gas has exploded. What the President wants
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Speaker 3: to do is pause the federal gas tax he's proposed that,
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Speaker 3: and the federal gas tack is even so he said
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Speaker 3: it's a small amount of.
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Speaker 2: Money, it's not.
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Speaker 3: I mean, if he passes this, if he pauses a
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Speaker 3: federal gas tack, it's eighteen cents a gallon. That's not
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Speaker 3: a small amount. And now it requires congressional approval. And
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Speaker 3: it's the latest in a string of interventions to address
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Speaker 3: the fallout from the war. I mean, across the board,
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Speaker 3: the war is going on. We're in month number two. Remember,
7:40
Speaker 3: are supposed to disappear two to four months, two to
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Speaker 3: four weeks.
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Speaker 2: It was going to be over, although it was over day.
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Speaker 3: One, and the various enrichment facilities in Iran were decimated,
7:53
Speaker 3: and then they're not decimated. And so who the hell knows?
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Speaker 3: Straight of horror moves has been closed. But we control
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Speaker 3: the straight of horn moves. I mean, it goes on
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Speaker 3: or nod. So that's all just babel. What is not
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Speaker 3: babel is the possibility of pausing the federal gas tax.
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Speaker 3: You know, when the last time the gas tax was
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Speaker 3: was paused nineteen thirty four. There's been a lot of tax,
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Speaker 3: a lot of talk about the pausing of the tax,
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Speaker 3: but it hasn't happened, and of course February eighth, when
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Speaker 3: the war started, energy prices have spiked like craziest and
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Speaker 3: and they're keep on going up too.
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Speaker 2: I mean, the longer the.
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Speaker 3: Strait of Hormoz remains closed, the more gasoline is going
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Speaker 3: to cost, because the more oil is going to cost.
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Speaker 3: Because as we all know by now, twenty percent of
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Speaker 3: the world's oil production goes through the state of Horace
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Speaker 3: the Strait of Hormoz, and now it's basically zero. And
9:00
Speaker 3: then there are the peace talks in the United States
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Speaker 3: proposed what I thought were not unreasonable demands from Iran,
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Speaker 3: not crazy at all.
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Speaker 2: Well, they've come back with crazy.
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Speaker 3: It's and I think the President legitimately told him to
9:19
Speaker 3: go pound sand and he said that this cease fire
9:25
Speaker 3: is on life support, and he's right on that one.
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Speaker 2: He is right.
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Speaker 3: I mean, it's I think at this point Iran, even
9:34
Speaker 3: though it's being said by our government that Iran is
9:37
Speaker 3: on the brink of collapse, that their entire ability to
9:41
Speaker 3: attack American forces as well as neighboring countries is basically
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Speaker 3: over well in reality, and remember, we wiped out their navy,
9:53
Speaker 3: true wiped out their ability to launch drones not true.
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Speaker 3: Wiped out their ability to launch missiles.
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Speaker 2: Not true. They don't have the ability to last much longer.
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Speaker 3: Maybe true, But keep in mind that is a regime
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Speaker 3: that can stomp on its own people. And if enough
10:12
Speaker 3: people go out, if anybody goes out and protests, they
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Speaker 3: get shot and they get killed, that'll stop.
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Speaker 2: The protest pretty quickly. And state taxes vary.
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Speaker 3: The national average is thirty two cents gasoline, thirty four
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Speaker 3: cents on diesel. But oh, here is a shocker, which
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Speaker 3: is the highest state tax that exists. Well, I want
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Speaker 3: I'll have you guests on that one. So, by the way,
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Speaker 3: in nineteen thirty four, Congress cut half a cent off
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Speaker 3: the gas tax when prohibition ended. Now, the money from
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Speaker 3: the tax the tax goes into the Highway Trust Fund
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Speaker 3: PACE for road public transportation improvements. A five month suspension
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Speaker 3: reduces revenue by seventeen billion dollars, is about thirty five
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Speaker 3: billion dollars a year, which is not a whole lot
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Speaker 3: of money relative to the budget of the United States,
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Speaker 3: But since the money is dedicated to the highways, building
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Speaker 3: and repairing highways, the cutting of those funds creates a
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Speaker 3: huge hole in that budget. Now, interestingly, enough, it creates
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Speaker 3: a hole where all of a sudden, the government can't
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Speaker 3: pay to repair the holes.
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Speaker 2: Huh. See how that works? See how I put that together?
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Speaker 3: Okay, and now you have some even Republicans are saying,
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Speaker 3: maybe we have to do this, and most Republicans, most
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Speaker 3: people have been dead set against it.
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Speaker 2: So we'll see what happens. But here's the bottom line.
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Speaker 3: Let's say Congress approves and we're going to go ahead
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Speaker 3: and cut the gas tax.
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Speaker 2: Do we pay less?
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Speaker 3: Well, here's the problem. The taxes collected at the terminal
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Speaker 3: or refinery.
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Speaker 2: Not at the pump.
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Speaker 3: So maybe, and it's probable that we're not going to
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Speaker 3: see the money going back into our pockets because even
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Speaker 3: gas stations right now are losing their shirts.
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Speaker 2: Now.
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Speaker 3: I travel, as you know, my disposable income, I spend
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Speaker 3: it on traveling. I don't buy clothes. I do the
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Speaker 3: at Costco. I shop at Costco and Ralphs, And you know,
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Speaker 3: I just don't spend a lot of money very much
12:34
Speaker 3: anyplace else other than I travel.
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Speaker 2: I love to travel.
12:37
Speaker 3: So when I go across to Europe and Asia, mainly Europe,
12:41
Speaker 3: there are three things that Europeans and the rest of
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Speaker 3: the world look at the United States with you know
12:50
Speaker 3: some not only trepidation, but sort of what are you
12:54
Speaker 3: guys doing. One is gun control. They don't understand the
12:58
Speaker 3: Second Amendment because no one has a Second Amendment the
13:01
Speaker 3: way we do around the world. Number Two, they don't
13:05
Speaker 3: understand our health plan. They don't get it as to
13:09
Speaker 3: why we don't have a national health plan. They don't
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Speaker 3: understand our conspiracy theories. That we are absolutely massively involved
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Speaker 3: in conspiracy theories, which are getting bigger and bigger.
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Speaker 2: Now.
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Speaker 3: It used to be only the crazy people had conspiracy
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Speaker 3: conspiracy theories. Yeah, I've often said that the only way
13:34
Speaker 3: you can get true conspiracy theories were people standing on
13:37
Speaker 3: the street corner with bullhorns. Well, it turns out that
13:40
Speaker 3: a whole lot of Americans believe in conspiracy theories. So
13:46
Speaker 3: there was a survey that was just taken by NewsGuard.
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Speaker 2: It was released yesterday.
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Speaker 3: It's a company that rates the reliability of online news outlets.
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Speaker 3: And therein is the answer as to why we we
14:00
Speaker 3: are now so involved and so dedicated to the proposition
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Speaker 3: that all conspiracy theories are legit. Twenty four percent of
14:13
Speaker 3: Americans believed that the shooting at the correspondencetituter was staged,
14:20
Speaker 3: and the shooting, the assassination attempt on Donald Trump, the
14:24
Speaker 3: previous two were staged. Now that is interesting stuff to me.
14:31
Speaker 3: That really does it's I'm not one that believes it
14:36
Speaker 3: was staged, because I think that's considra conspiracy theory. Okay,
14:40
Speaker 3: real quickly, Amy staged yes or no? Okay, and yes
14:46
Speaker 3: or no?
14:48
Speaker 2: Yes sir?
14:48
Speaker 3: Okay, of course it is cono yes or no, no, no,
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Speaker 3: neil stage yes or no no, okay, and yes or no.
15:01
Speaker 2: I don't know.
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Speaker 3: I wasn't there, okay, Oh great, Yeah, you weren't there
15:06
Speaker 3: at the moon landing either, okay. And a lot of
15:09
Speaker 3: people think that was stage.
15:11
Speaker 2: That was real? Yeah, oh really okay, you think that
15:14
Speaker 2: was real? Complicate.
15:15
Speaker 1: It's so much more complicated to stage or do a
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Speaker 1: conspiracy than people think.
15:21
Speaker 2: Yeah, let's say the moon landing.
15:23
Speaker 3: Okay, how many people when they say there's a conspiracy
15:27
Speaker 3: theory and the moon landing was actually filmed at a
15:32
Speaker 3: on a sound stage in Culver City, Yeah right, nobody
15:37
Speaker 3: has leaked any information other than the conspiracy theories saying, yep,
15:41
Speaker 3: you know.
15:41
Speaker 1: How many people there about it? As high as I
15:45
Speaker 1: think twelve percent at one point, depending on the survey,
15:50
Speaker 1: nine to eleven conspiracy. Oh yeah, job was something like
15:54
Speaker 1: twenty to thirty percent of America.
15:57
Speaker 3: And now here is what the White House is saying,
16:00
Speaker 3: and legitimately, so they're saying. For those who argue that
16:05
Speaker 3: somehow this was staged by the White House or Republicans,
16:10
Speaker 3: I mean, it is completely crazy. Spokesman Dan Davis Ingle
16:15
Speaker 3: told The Washington Post. The White House has rejected the
16:18
Speaker 3: conspiracy theorists. Anyone who thinks President Trump stage his own
16:22
Speaker 3: assassination attempts is a complete moron.
16:25
Speaker 2: I one believe.
16:26
Speaker 3: That that you who are conspiracy theorists are complete morons.
16:33
Speaker 3: I'll tell you right now. But the problem is it's
16:35
Speaker 3: not just a small number of people.
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Speaker 2: It's one in four.
16:41
Speaker 3: Republicans thinking it was not staged, by a huge margin
16:47
Speaker 3: over Democrats who think it was stage. Naturally, there's the politics,
16:53
Speaker 3: but you know it's you know, the earth is flat. Okay,
16:57
Speaker 3: maybe that one's crazy moonshot, yeah things, that was stage
17:01
Speaker 3: area fifty one.
17:02
Speaker 2: Yeah it was staged.
17:06
Speaker 3: Well, actually it was because Area fifty one, in terms
17:10
Speaker 3: of aliens doesn't exist. But so many Americans believe that
17:15
Speaker 3: and this is all back we go. It's all about
17:18
Speaker 3: the internet because crazy people did not have access to
17:23
Speaker 3: other crazy people. There are plenty of crazy people out there,
17:27
Speaker 3: but they couldn't talk to each other.
17:28
Speaker 1: A crazy person in a slightly different category though, because
17:33
Speaker 1: this is not just you know, people living in a
17:39
Speaker 1: hut somewhere in the forest believing this. I think this
17:43
Speaker 1: is more the distrust of this administration.
17:49
Speaker 3: I think it's a distrust of in jail, not just
17:52
Speaker 3: just administration general.
17:53
Speaker 1: And I agree that comes from a different place than
17:55
Speaker 1: somebody whittling, would you know, thinking do.
17:58
Speaker 2: You agree with you or nine to eleven?
18:01
Speaker 3: Yeah, all kinds of issues that you can't trust doctors anymore.
18:05
Speaker 3: You can't trust uh, you can't trust politicians.
18:09
Speaker 2: You can't.
18:10
Speaker 3: Every single politician is corrupt and is there for the money.
18:16
Speaker 3: And I've often said, you know how difficult it is
18:18
Speaker 3: for a politician to accept bribes.
18:21
Speaker 2: They get caught anyway. All right. For those of you
18:26
Speaker 2: that you think she's a more on.
18:31
Speaker 3: Oh yeah, she's a complete complete conspiracy and.
18:36
Speaker 2: I'll tell her she's a moron. And by the way,
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Speaker 2: it's not blanket all over everything. I don't distrust everything.
18:43
Speaker 2: It's this administration it's proven.
18:47
Speaker 3: They've proven that they are that they set up assassination attempts,
18:52
Speaker 3: not that they're liars. They set up attached assassination attempts. Well,
18:57
Speaker 3: I am, I agree they are lying, But what do
19:00
Speaker 3: they lie about? You know?
19:02
Speaker 2: I mean there are limits to lie to be the
19:05
Speaker 2: next segment. No, okay, no, I mean we'll do it.
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Speaker 2: But I have no problem. There's no problem. I do.
19:12
Speaker 2: I think they are liars. I have no problem with
19:14
Speaker 2: them lying. That's the administration doesn't trust. It doesn't It
19:17
Speaker 2: doesn't lie about everything. It doesn't lie about everything.
19:23
Speaker 1: Conspiracies are quite complicated. And the it really that the
19:28
Speaker 1: fact that people think that there are conspiracies don't understand
19:32
Speaker 1: how complicated it would be to put all.
19:35
Speaker 3: Right, we're running late, opinions, we're running late. Well, I
19:38
Speaker 3: don't appreciate it nice, we're running late. Okay, Another sales
19:42
Speaker 3: tax hike, yes, are we going to vote it? In
19:46
Speaker 3: La County? Voters are going to decide do we want
19:48
Speaker 3: a temporary huh? It's always that temporary is always a joke.
19:52
Speaker 3: Half sent sales tax to shore up our public health
19:56
Speaker 3: care system, and the supporters says, the only thing that's
19:59
Speaker 3: going to say system from being devastated by federal funding cuts.
20:02
Speaker 2: Now, when you look at.
20:04
Speaker 3: The taxes that have increased, these programs are for the
20:08
Speaker 3: most part legitimate. There is you know, healthcare, there's no
20:12
Speaker 3: issue transportation. I mean, all of them are good ideas.
20:15
Speaker 3: The problem is how many can you have. It's tax
20:20
Speaker 3: upon tax. It's only a quarter of a percent of
20:24
Speaker 3: a cent. Oh, it's only one percent, it's three quarters
20:26
Speaker 3: of one percent. Well, we're now at nine point seventy
20:29
Speaker 3: five percent in La County with cities. Adding on top
20:32
Speaker 3: of that, there are so many cities charging ten percent
20:37
Speaker 3: or more in California. We have just never met a
20:41
Speaker 3: tax we don't like half cent more in twenty sixteen
20:47
Speaker 3: for buses, trains, and pothole filling. Twenty twenty four homeless services,
20:54
Speaker 3: that was half a cent, and it keeps on going
20:58
Speaker 3: and going and going. Well, June second, with the primary,
21:03
Speaker 3: we're going to do some voting. Now when I say,
21:06
Speaker 3: is this a legitimate half cent, well, yeah, it's for healthcare.
21:10
Speaker 3: And the county is going to lose more than two
21:12
Speaker 3: billion dollars over the next three years from the Feds.
21:16
Speaker 3: And so where's the money come from. It's you can
21:21
Speaker 3: cut other programs with the state will never do. And
21:24
Speaker 3: so here's a tax of a half a point and
21:29
Speaker 3: should last only five years, but believe me, it'll be extended.
21:32
Speaker 3: The last time voter said no to a sales tax
21:35
Speaker 3: hike was twenty twelve, and that's the measures. Transportation measure
21:42
Speaker 3: fell just short with sixty six point one percent. It
21:46
Speaker 3: needed sixty six point seven percent. It didn't quite reach
21:51
Speaker 3: which it needed to pass. That's how close it was.
21:55
Speaker 3: And so polling right now looks at it's not going
21:58
Speaker 3: to happen. And as much as I believe in we
22:03
Speaker 3: have to do something about healthcare, half a cent is
22:07
Speaker 3: not going to help. So half a cent will be
22:10
Speaker 3: what La County will then be ten point two five
22:15
Speaker 3: and with cities it's in some cities it'll be what
22:18
Speaker 3: ten point five percent, ten point seventy five percent?
22:22
Speaker 1: Uh?
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Speaker 3: And is this going to vote? Is it going to pass? Well,
22:27
Speaker 3: there's really no opposition to it. And you've got various groups,
22:32
Speaker 3: medical groups who certainly are in favor, the unions are
22:37
Speaker 3: in favor, the s the s U I e uh
22:41
Speaker 3: in favor. I don't know where to go with this,
22:45
Speaker 3: I really don't. I mean, we're taxing ourselves into oblivion.
22:49
Speaker 3: And it's here little bits and pieces. Is death by
22:51
Speaker 3: a thousand cuts? And there's where is the point? Where
22:57
Speaker 3: does it end?
22:59
Speaker 2: You know?
22:59
Speaker 3: One of my favorite quotes is when it was one
23:05
Speaker 3: of a politician's I think it could have been Elizabeth
23:11
Speaker 3: Warren was asked, is there a where is the line
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Speaker 3: of income tax? You know? Where do you stop it?
23:20
Speaker 3: You know, at what point is it unsustainable? When she said,
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Speaker 3: I don't know. I'll tell you when I see it. Okay,
23:31
Speaker 3: well a lot of people have seen it right now.
23:33
Speaker 1: You know what's interesting, Bill is people ask me one
23:36
Speaker 1: of the things about churches, like how to pick a church,
23:39
Speaker 1: and I said, one of the things the church should
23:41
Speaker 1: do is at least once a year open their books
23:44
Speaker 1: to the parishioners so that people can see how the
23:47
Speaker 1: money is used and where it goes. How come we
23:50
Speaker 1: don't have something some law some point, because it's not
23:55
Speaker 1: so much about how much money we're paying. It's about
23:58
Speaker 1: the lack of results. If I've got horrible sidewalks and
24:02
Speaker 1: potholes and a crappy school system and all this, and
24:05
Speaker 1: we keep dumping money into it, no one's accountable.
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Speaker 3: It's about distribution of also politicians. It's easy for politicians
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Speaker 3: to say yes, yes, yes, I'm going to help you out.
24:16
Speaker 3: Kick the can down the road is something easy? Okay,
24:19
Speaker 3: we're done with this, guys. A lot we can do
24:21
Speaker 3: on that, which we'll probably pick up over the next
24:24
Speaker 3: week two weeks coming up. Rich the mureaw our tech guy.
24:28
Speaker 3: We'll be right back with tech Tuesday. KFI Am sixty.
24:34
Speaker 2: You've been listening to the Bill Handle Show.
24:35
Speaker 3: Catch my show Monday through Friday, six am to nine am,
24:39
Speaker 3: and anytime on demand on the iHeartRadio app.