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Federal tax revenue on gasoline and diesel. 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.
In California gasoline is taxed at $0.719/gallon and diesel at $0.749/gallon—these are the highest gas and diesel taxes in the nation. The state legislature switched its gas taxation system in 2010 so it could re-appropriate some of the gas and diesel tax money from road maintenance to other areas of the state budget which was in deficit. [61]
On average, as of April 2019, state and local taxes and fees add 34.24 cents to gasoline and 35.89 cents to diesel, for a total US volume-weighted average fuel tax of 52.64 cents per gallon for gas and 60.29 cents per gallon for diesel.
At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.
"The cost of diesel is a hidden tax on all the goods and services the consumer buys as higher prices are passed through." Part of the upward pressure is due to recent refinery disruptions.
Some California residents complained about how the tax affects them, [8] and Republicans said that California has one of the highest transportation tax rates in the country. [9] A poll published in June 2017 showed that 58% of California residents oppose the increase in fuel taxes, 39% of all respondents stating they "strongly oppose" the ...
California residents pay a marginal tax rate of 13.3%, which is the highest state tax rate in the country. How much is $100,000 after taxes in California?
Assemblywoman Noreen Evans proposed Assembly Bill 2, [10] a measure that would have imposed a 9.9% oil severance tax, enacted a state sales tax exemption for gas sales, repealed the 18-cent rate excise tax on gas/diesel, increased the sales tax by one-half cent, and enacted a 2.5% personal income tax surcharge.