Episode Transcript
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Speaker 1 (00:01):
We'll be looking at some of the unknown fees or
commonly unknown hidden fees as some column in California. First,
California adds billions and hidden fees every year, or at
least fees, and most people aren't aware of. For instance,
the DMV registration. They have a smog abatement fee which
(00:21):
is twenty five dollars a year, even on brand new
vehicles with no emissions, supposed to fund air pollution programs.
You also have Transportation Improvement fee which is twenty five
doll one hundred and seventy five a year, road repair
fee for electrical vehicles one hundred a year. California tire
fee a dollar seventy five per tire applies to every
(00:43):
new tire sold in California. Electronic waste recycling fee up
to six dollars per device charge when you buy TVs, monitors,
and laptops supposed to pay for e waste collection. The
California Redemption Value remember the CR five to ten cents
per cann er bottle intended to be refundable, but nearly
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six hundred million dollars a year in deposits go unclaimed.
Where does it go? Well? Mostly the CAW recycles, operating budget,
and it's growing water searcher search charges. Water agencies often
charged five to fifteen dollars a month for environmental compliance
or state drought fees. Many are not itemized. Trash and
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recycling fees as well. LA City charges about thirty six
dollars a month for basic bins, compared to less than
ten dollars in some other cities. Melarus parcel taxes, extra
property tax on neuro developments, especially in southern California, can
add thousands covered California fees. California added a state individual
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mandate penalty for not having health insurance about eight hundred
and fifty dollars, which most people know this one. This
replaced the federal mandate after it was zeroed out in
twenty nineteen. Court fees on tickets and fine. Get a
thirty five dollars traffic ticket, well, you'll likely pay two
hundred dollars after state penalties, court construction fees, and DNA
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Identification Fund charges. In some counties, the ad ons are
five hundred percent higher than the base fine. Altogether, California
collects over seventy billion dollars in fees, permits, licenses, and
search charges. On top of one of the highest income taxes,
if not the highest in the nation, sales tax and
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property taxes as well