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Federal fuel taxes raised $36.4 billion in Fiscal Year 2016, with $26.1 billion raised from gasoline taxes and $10.3 billion raised from diesel and special motor fuel taxes. [16] The tax was last raised in 1993 and is not indexed to inflation. Total inflation from 1993 until 2017 was 68 percent or up to 77 percent, depending on the source. [17 ...
California assesses an excise tax with the same basic rate of 18 cents per gallon on gasoline, diesel fuel, and gasohol. [1] The state collects a relatively small 6.6 percent of its revenue from extraction and related taxes. [2] On November 5, 2024, California voters will decide on a ballot proposal about energy law, 2024 California Proposition 4.
Fuel taxes in Germany are €0.4704 per litre for ultra-low sulphur Diesel and €0.6545 per litre for conventional unleaded petrol, plus Value Added Tax (19%) on the fuel itself and the Fuel Tax. That adds up to prices of €1.12 per litre (€4.24/US gal; €5.09/imp gal) for ultra-low sulphur Diesel and €1.27 per litre (€4.81/US gal; € ...
Gasoline prices are displayed at a Chevron gas station downtown Los Angeles Friday, Feb. 18, 2022. Gas prices are up nearly 40% from a year ago and more than 6% over the past month, according to AAA.
Three states—Kentucky, New Mexico, and New York—have "weight-mile" taxes in addition to the standard fuel tax. Oregon has just a weight-mile tax. Any amount of fuel taxes due (or refund) is then paid to (or received from) the base jurisdiction which issued the license. The member jurisdictions then take care of transferring the funds ...
Excise taxes dedicated to the Airport and Airway Trust Fund raised $9.0 billion in fiscal year 2020, down from $16.0 billion in fiscal year 2019. [2] 90% of the excise tax revenue comes from taxing passenger air fares, and the remaining 10% comes from air cargo and aviation fuel taxes.
Gile supports closing loopholes in Maryland's tax code. [18] She also supports making military retiree pay exempt from state taxes. [12] In March 2023, Gile was one of five Democrats to vote for an amendment that would have decoupled the state's fuel taxes from inflation. [21]
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