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Xavier Becerra California Governor Runoff Could Cost You Thousands in New Taxes

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Xavier Becerra California Governor Runoff Could Cost You Thousands in New Taxes

If you thought your wallet was safe, think again. As Xavier Becerra surges toward a California governor runoff, his past record hints at a massive tax hike for middle-class families—including a potential new gas tax and higher income taxes. Consumer advocates warn that Becerra's plans could drain an extra $2,000 annually from your paycheck. "Your daily commute and grocery bills are on the line," says analyst Jim Holt. Voters, brace your budgets.