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The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023. On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 ...
Florida’s month-long suspension of a 25-cent-a-gallon gas tax ended as November started. Florida just restarted a gas tax. Prices are up at the pump — but by how much?
In United States politics, the gas tax holiday or the gas tax loophole was originally a 2008 proposal made by presidential contenders Arizona Senator John McCain and New York Senator Hillary Clinton to suspend the federal excise tax on gasoline from Memorial Day to Labor Day in the year 2008. Proponents argued that this could reduce the gas ...
With the price of gasoline dropping, gas-powered vehicles just might prove to be more economical than an EV. As the study stated, gas-powered cars like the Honda Civic have an average fueling cost ...
Flat tax means whether Florida families driving EVs go 20 miles or 20,000 miles they will be paying the same annual road-use tax | Opinion Proposal in the Florida Legislature would tax EV drivers ...
Between 2008 and 2023, insufficient revenues in the Highway Trust Fund led the federal government to spend $275 billion in general tax dollars to keep the system solvent. [ 1 ] The Highway Trust Fund is a transportation fund in the United States which receives money from a federal fuel tax of 18.4 cents per gallon on gasoline and 24.4 cents per ...
Gas prices in Florida are predicted to jump with the end of the state’s gas tax holiday Tuesday after a full month of 25 cent discounts at the pump.
A fuel tax (also known as a petrol, gasoline or gas tax, ... capped at €1.546/litre for EURO 95 petrol and at €1.525/litre for diesel as of 11 November 2023. ...