Highlights below:
- State gas taxes average $.28/gallon. 10 cents more than the federal tax $.18/gallon, which McCain proposes to do away with
- Some states like Washington, levies a fixed dollar amount on gas per gallon; these states faces a revenue shortfall, as people cutting back on gas consumption
- Some states like California, levies a percentage on gas sales; these states get an unexpected windfall of gas revenue
- Some states are moving to reduce gas tax: Georgia
- Other states are moving to hike gas tax: Minnisota (of the collapsed bridge fame), Florida, North Carolina and West Virginia, Kentucky and Maine, Connecticut and Nebraska
1 comment:
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- The green energy tax credits
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