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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).
John Henry Holland (February 2, 1929 – August 9, 2015) was an American scientist and professor of psychology and electrical engineering and computer science at the University of Michigan, Ann Arbor. He was a pioneer in what became known as genetic algorithms.
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]
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Gas Tax Rate: Alaska. Total state tax for gas: $0.09. Average price for regular gas: $4.37. Average price for diesel fuel: $3.92. Find Out: 6 Car Brands With Reliable Used Cars
Indiana residents will pay slightly less in gasoline taxes next month, but don't expect them to break out the party hats. Overall gas taxes will only nudge down 0.1 cents -- to 74.4 cents a gallon ...
By contrast, northern Indiana experienced an economic boom when natural gas was discovered in the 1880s, which directly contributed to the rapid growth of cities such as Gas City, Hartford City, and Muncie where a glass industry developed to use the cheap fuel. The Indiana gas field was then the largest known in the world. [201]
A flambeaux display in Indiana, with multiple large flames. The gas discovery stimulated the development of industry in East Central Indiana.The Ball Corporation, a manufacturer of glass canning jars, relocated from Buffalo to Muncie, attracted by land and monetary incentives offered by local leaders, as well as easy access to cheap fuel for their production lines. [4]