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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.
Note that while federal gas taxes are the same across America, state gas taxes can vary wildly. As of March 2022, for example, California had the highest gas taxes of any state in the country, at ...
The federal gas tax is 18.4 cents per gallon, ... The federal gas tax is 18.4 cents per gallon, but each state also adds a tax per gallon to help pay for road projects.
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 gasoline and 29.81 cents to diesel for a total US average fuel tax of 48.18 cents per US gallon (12.73 ¢/L) for gas and 54.21 ...
This is a table of the total federal tax revenue by state, ... Per capita values are based on population estimates from the Census Bureau for July 1, 2015. [2]
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The final legislation resulted instead in a one-month gas tax holiday for October 2022. [8] Other states, including New York, Georgia, Connecticut and Maryland, have suspended state gasoline taxes in 2022. [9] In June 2022, President Joe Biden revived the idea of a federal gas tax holiday during a surge in inflation, including rising gasoline ...
In 2024, inflation has hit the U.S. and the global economy with a vengeance. From the perspective of the American consumer, the skyrocketing cost of gas has likely been the clearest indication of...