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Georgia drivers are likely to begin paying higher prices for gasoline and diesel as state motor fuel taxes return on Thursday. The Republican Kemp began waiving the taxes in September when he ...
Georgia has extended the gas tax holiday through July, with a hefty price tag — but it may be worth it, say some experts. Georgia's gas tax holiday extended: What that means for the state, and ...
States are taking the lead on suspending gas taxes to help lower prices at the pump as legislation for a federal fuel tax holiday hits roadblocks in Congress.
Federal fuel taxes raised $36.4 billion in Fiscal Year 2016, with $26.1 billion raised from gasoline taxes and $10.3 billion raised from diesel and special motor fuel taxes. [15] The tax was last raised in 1993 and is not indexed to inflation. Total inflation from 1993 until 2017 was 68 percent or up to 77 percent, depending on the source. [16 ...
Georgia's state taxes on gasoline and diesel will be suspended for another month after Gov. Brian Kemp extended the tax rollback in a Friday executive order. The suspension of the taxes, at 31.2 ...
In January 2022, Florida governor Ron DeSantis proposed a $1 billion gas tax holiday to counter inflation. The proposed policy would have occurred between July 1, 2022, and November 30, 2022. [7] The final legislation resulted instead in a one-month gas tax holiday for October 2022. [8]
The number of states passing laws to suspend gas taxes could soon grow further. As gas tax holidays help consumers in 3 U.S. states, others may follow [Video] Skip to main content
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