Thursday, April 27, 2006

Interactive: What's your state's take at the pump? - Automotive - MSNBC.com

Interactive: What's your state's take at the pump? - Automotive - MSNBC.com

Here's an interesting graph about federal and state exise taxes on gas. This is something most people don't necessarily think about until gas prices get crazy like they are now. Here in Pennsylvania, total federal and state exise taxes add nearly $ 0.50 to every gallon of gas we purchase. In other words, the gas I bought this morning for $ 2.89 per gallon would have cost $ 2.39 if it wasn't for the exise taxes.

Congress is going after the oil companies, which they should, but the taxes need to be reigned in as well. Fifty cent a gallon for exise taxes is excessive.

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