States Consider Increasing Gas Taxes

 

 

 

” If you’ve ever felt the pain at the pump from filling up your tank and wanted to decry big oil, your anger would be misplaced.

That’s because a larger and larger chuck of change out of every gallon of gas you buy is tax going to the government.

Earlier this year, Wyoming increased its tax per gallon from 14 cents to 24 cents, the first increase the state has implemented in 15 years. The increased revenue is expected to raise  $47.4 million for highway work, and goes into effect in July.

Governors of Pennsylvania, Maryland, Michigan and Vermont have also proposed raising the consumption tax on placed on gas. The state legislature in New Hampshire will hold a hearing Thursday to considering phasing in a 15-cent-per-gallon increase.”