Category: Gasoline Tax (US)

Bipartisan Bill Would Impose New Annual Fee on Electric Vehicles

The New York Times – Business:
A House transportation bill introduced this week would require owners of electric cars to pay $130 to cover the cost of road repairs.
What You Need to Know About the Federal Gas Tax

The New York Times – Business:
President Trump said he would like to suspend the 18.4-cent-a-gallon tax, but it’s a move that may save drivers only a few dollars a month.
Trump Proposes Suspending Federal Gas Tax Until Prices Fall

The New York Times – Business:
Congress would have to agree to any suspension, and dropping federal taxes would not make up for the steep increase in prices since the war began.
Trump Administration Is Considering Pausing the Federal Gas Tax to Lower Prices, Energy Secretary Says

The New York Times – Business:
The tax is a little over 18 cents a gallon for gasoline. With the average national price above $4.50, the measure will provide little relief.
Why Is Gas So Much More Expensive in Some States Than Others?

The New York Times – Business:
Shipping, taxes, competition and environmental regulations all play a part in the cost of gasoline. That can lead to stark differences in pump prices.
E.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.

States are using higher registration fees for electric cars to make up for declining fuel taxes, but some are punitive, environmentalists say. A federal tax could be coming.
State Tax Cut Policies Prop Up Income, Fanning Inflation Worries

The New York Times – Business:
Efforts around the country to ease the pain of rising prices have given consumers more money to spend, which could paradoxically further drive up prices.