State Gas Taxes

Monday, May 26, 2008 | 02:30 PM

0506natsubwebgas2


Rising frustration with gas prices has led two presidential candidates, Senators John McCain and Hillary Rodham Clinton, to promote proposals to suspend the federal gas tax from Memorial Day to Labor Day.

But state gas taxes, which run as high as 45.5 cents a gallon, often add far more to the price of gas than the 18.4-cent federal excise tax and are the primary cause of price disparities across state lines. So lawmakers and candidates at the state level have been getting into the act.

The response speaks not just to the reality of skyrocketing gas prices. It also highlights the political potency of anything that affects Americans’ bonds with their cars. Gas is a product that no one can ignore — and one that inspires intense emotion.

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Source:
States Get In on Calls for a Gas Tax Holiday 
DAMIEN CAVE
NYT, May 6, 2008
http://www.nytimes.com/2008/05/06/us/06gas.html

Monday, May 26, 2008 | 02:30 PM | Permalink | Comments (19) | TrackBack (0)
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Comments

People just need to cut back on driving or have one less dinner out every month. Why not get rid of your V-8 powered land- barge? Sorry, I'm tired of people complaining about gas prices. Adjust your lifestyle and learn to live with it. Why do people feel like they are entitled to cheap gas?? Oh wait, this is America, we're entitled to everything..such as McMansions, endless low-rate HELOC's and fancy kitchens....

Posted by: Flic | May 9, 2008 2:46:32 PM

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