Tag Archives: gasoline tax

Is Obama Going to Tax Drivers?

Q: Does President Barack Obama support taxing motorists based on the number of miles they drive? A: No. But it is one idea being studied as a way to replace the federal gasoline tax.

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McDonnell’s Distorted Attack

Virginia Republican gubernatorial candidate Bob McDonnell’s new ad claims that Democrat Creigh Deeds’ policies would bring $7,800 in higher taxes over four years for Virginia households. The ad would be devastating, if it were true. Fuel for Frustration Deeds has never proposed a "billion dollar gas tax increase," as the …
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Bluegrass Gasoline Blues

Summary Senate Minority Leader Mitch McConnell of Kentucky is running an ad blaming his opponent for contributing to high gasoline prices in the state. We find that’s a big exaggeration. At most, prices are 12.1 cents per gallon higher as a result of the 1980 tax change that was favored …
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Gasoline Tax Profits

Q: Does the government really make more in taxes from the sale of a gallon of gasoline than the oil companies do? A: Possibly. Both taxes and profits account for a large share, but which is larger depends on too many unknown factors to allow for a clear answer.

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