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« Congressional Budget Office Releases Updated Highway Trust Fund Estimates | Main | Real Fracking Numbers »
Friday
Aug312012

Pump prices climb, but gas tax stays flat

DateFriday, August 31, 2012 at 4:18PM

Click here for complete information > Face the Facts USA

August 31, 2012

As 33 million of us hit the road for Labor Day weekend (AAA estimate), consider that although gasoline prices have tripled since 1993, the federal gas tax hasn’t budged one cent.  It’s remained a flat 18.4 cents per gallon for nearly 20 years. The revenue goes to maintain highways and bridges in sore need of repair, but inflation has whittled its value down by 35 percent…


AuthorJoe Kiely | CommentPost a Comment |
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