Search results
Results From The WOW.Com Content Network
State Taxes. The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [1] [2] Proceeds from the tax partly support the Highway Trust Fund. The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023.
The states were sorted to show the highest to the lowest gas tax cost for each state. All data was collected on and is up to date as of May 15, 2024. More From GOBankingRates.
By 1929, all existing 48 states had enacted some sort of gas tax. [28] Today, fuel taxes in the United States vary by state. The United States federal excise tax on gasoline is 18.4 cents per US gallon (4.9 ¢/L) and 24.4 cents per US gallon (6.4 ¢/L) for diesel fuel. On average, as of July 2016, state and local taxes add 29.78 cents to ...
Fuel. Federal excise taxes have been stable at 18.4¢ per gallon for gasoline and 24.4¢ per gallon for diesel fuel since 1993. This raised $37.4 billion in fiscal year 2015. These fuel taxes raised 90% of the Highway Trust Fund. The average of state taxes on fuel was 31.02¢ per gallon for gasoline and 32.66¢ per gallon for diesel fuel in 2021.
With a gasoline tax of 18.4 cents a gallon in 2022, Mississippi had one of the lowest rates in the nation. ... Gas prices run high in the state, and the gas tax was among the highest in the ...
As gas prices have soared, some states are moving to suspend their gas taxes. See if your state is among them. The States With the Highest — and Lowest — Gas Taxes
Taxation in the United States. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table includes the per capita tax collected at the ...
The state gas tax is quite substantial, as well. Nipping at California’s heels is Hawaii ($4.822), where gas prices have increased the most out of any state over the past 10 years, then ...