Just so you know, California isnt the only state raising gasoline taxes.
As 2018s second half starts, drivers in seven states face just-raised taxes on fuel, according to the Institute on Taxation and Economic Policy.
In fact, 27 states nationwide have increased gasoline taxes in the past five years – with Missouri voters facing an Election Day choice to become No. 28 with a gas-tax hike on their November ballot.
The underlying rationale for these tax hikes — spanning both red and blue states – is a relatively recent realization that more funds are needed for transportation projects, particularly road repair and improvements. Gas-tax receipts are down primarily because Americans use more fuel-efficient vehicles.
In November, California added a 12-cent gas-tax increase (and 20-cent diesel-tax increase) due to a new law approved by the legislature and signed by Gov. Jerry Brown. Come November, voters will get to decideif these increases will be repealed.
So whos upped gas-taxes, mid-2018?
Oklahoma: The first time in 31 years, the states gas tax rate rose — up 3 cents to 19 cents per gallon.
South Carolina: Up 2 cents as part of a 12-cent hike that will be slowly phased in.
Indiana: Up 1.8 cents, based on a formula tied to inflation and gasoline prices.
Maryland: Up 1.5 cents, based on a formula tied to inflation and gasoline prices.
Tennessee: Up 1 cent, part of a phased-in hike that will total 6 cents.
Vermont: Up 0.42 cents, based on gas prices.
Iowa: Up 0.2 cents for fuels that are not blended with ethanol.
Nebraska: Cut by 0.4 cents under a formula tied to fuel prices and infrastructure spending. (Note: its fuel taxes are 1 cent higher than last year.)
ICYMI: Southern California inflation at a 10-year high. Blame housing, gas prices!
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