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California levies the highest tax on gasoline at 73.6 cents per gallon (cpg), followed by Illinois at 70.4 cpg and Indiana at 63.1 cpg.
As the market share of electric vehicles (EVs) on the road grows, the gas tax’s ability to fund road projects and decrease traffic congestion erodes. Both federal and state real ta...
Crude oil volatility, gas tax holidays, and a handful of states that tie their tax rate to inflation can shift a client's monthly liability by six figures.
The federal government has extended its excise tax cut on gasoline and diesel until Jan. 31, 2027, a source tells CityNews. The tax break, which saves Canadians 10 cents per litre...
Retail prices make poor targets for excise tax policy, often reflecting factors that have little to do with the underlying reasons for which an excise tax is levied in the first pl...
Canadians paid $3 billion extra for motor vehicle fuel between April and June despite the suspension
Federal government currently raking in far more that what was budgeted
Nanawagan ang Piston na ayusin ang VAT at excise tax sa halip na magpatupad ng fuel subsidy para bumaba ang presyo ng petrolyo. The post VAT, excise tax ang ayusin `wag puro fuel s...
Conor Clark (Wash. U.) & Ari Glogower (Northwestern), The Indirect Taxes, 102 Notre Dame L. Rev. (forthcoming 2027) Article I of the Constitution empowers Congress to “lay and...
Some temporarily relief at the gas pump for Canadian consumers is set to end next month when the fuel excise tax pause is scheduled to expire.
Automatic fuel-tax increases took effect July 1 in California, Maryland, Washington and Virginia, but Illinois suspended its planned hike.
A planned renewal of the federal excise tax on fuel that was to kick in after Labour Day will be paused, Canada's finance minister is to announce Wednesday afternoon.
This represents a year-on-year growth of around 5 per cent from FY25
Unwinding excise supports has been described as ‘political madness’ this week – will the government halt them?
Two vehicles with the same mileage from the same manufacturer, but one is exempt from the gas guzzler tax. The reason lies in the era when the law passed.
10 cents a litre break on gas set to expire at end of day on Sept. 7
The cash is there to increase further discounts on fuel taxes, but not if it’s to become a semi-permanent fixture.
During a work session on Monday, Aug. 17, Salem city councilors discussed how to help generate more revenue to keep Salem’s roads in shape as the city’s share of state highway fund...
The fuel excise tax was suspended by the federal government in April, but the temporary measure is set to expire on Labour Day, Sept. 7.
The Knox County Council has approved minimum wheel and excise taxes for county vehicle owners. The annual wheel tax is $7.50 for passenger vehicles; t...
The total price tag for Gov. Mike Braun’s gas tax holiday is in: the state of Indiana and hundreds of local governments are expected to lose out on a combined $533 million, with th...
The Tax Foundation uses and maintains a General Equilibrium Model, known as our Taxes and Growth (TAG) Model to simulate the effects of government tax and spending policies on the...
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