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The first federal gasoline tax in the United States was created on June 6, 1932, with the enactment of the Revenue Act of 1932, which taxed 1¢/gal (0.3¢/L). Since 1993, the US federal gasoline tax has been unchanged (and not adjusted for inflation of nearly 113 percent through 2023) at 18.4¢/gal (4.86¢/L).
The governor reinstituted a temporary suspension in September, but that expired Wednesday.
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 ...
Proponents argued that this could reduce the gas price at the pump by about 18.4 cents a gallon for regular unleaded gasoline and 24.4 cents a gallon for diesel. If it were done, it was estimated the gas tax holiday would save consumers roughly $30 over the three-month period it would be instated. [1]
“We owe the bill, and we’ve got to pay it,” said a Public Service Commissioner about higher natural gas costs.
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.
Gov. Brian Kemp has extended a state of emergency order that will give Georgians and some South Carolinians a break on their fuel bills
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