Institute on Taxation and Economic Policy

Green Car Reports: Gas Tax Unchanged For 20 Years Today; Road Costs, However…

October 1, 2013

(Original Post) BY  Stephen Edelstein Oct 1, 2013 Taxes on gasoline and diesel make up 85 percent of the revenue flowing into the United States’ transportation spending account, but that may change. Soon, the gas tax may not provide enough revenue to fund the nation’s transportation spending, a new report from the Institute on Taxation […]

National Journal: Happy 20th, Gas Tax!

October 1, 2013

(Original Post) By Fawn Johnson September 30, 2013 On Oct. 1, the 18.4 cent-per-gallon federal gas tax is 20 years old. And it is likely to remain at that level until it is old enough to drink. The current gas tax rate is not nearly enough to cover the cost of maintaining the roads and […]