Newscum News
California is passing a VMT "vehicle millage tax" of 6-9 cents on top of the gasoline tax.
The way I understand it π΅βπ«π€
California is going to Tack onto each new unit built~$324,000.
The mortgage lender will then pay the VMT.
It looks to me it's similar to a second mortgage.
Pacific Palisadesπ€
IDK maybe I misunderstood, nobody can be this stupid