Transportation Topics: Gas Tax Buying Power at All-Time Low in Some States

By Michael Fuetsch, May 19, 2014

The gasoline tax is so low and has not been raised for so long in 10 states, that the levy’s purchasing power has fallen to historic lows, a new study said.

States where this has occurred are Alabama, Alaska, Delaware, Idaho, Iowa, Nebraska, New Jersey, South Carolina, Utah, and Virginia, said the report released earlier this month.

The study was conducted by the Institute on Taxation and Economic Policy, a Washington think tank.

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