Search Results for: gas tax

Commentary: Republicans Are Trying to Sneak a Carbon Tax Through the Back Door

Admin

Fresh from the looming trainwreck that is the deal to increase the debt limit, four Republican senators recently signed onto legislation that would require the Biden administration to study the feasibility of . . . a national tax on energy that would be collected at the gas pump and in electricity and heating bills.

The four Republicans — Senator Kevin Cramer (R-ND), Senator Bill Cassidy (R-LA), Senator Lindsey Graham (R-SC), and Senator Lisa Murkowski (R-AK) — joined five Democrats in asking Team Biden to determine the amount of energy used — and carbon dioxide emitted — by various countries in the production of essentially everything that makes modern life possible (aluminum, iron, steel, plastic, crude oil, batteries, etc.).

Read the full story

Pennsylvania Supreme Court Hears Tax-Versus-Fee Arguments About Whether RGGI Can Stand

Bradley Vasoli

Arguing before the Pennsylvania Supreme Court on Wednesday, one state agency alleged another improperly refused to publish an executive action implementing a de facto carbon tax, effectively halting the polcy. 

At issue is a decision made by the Pennsylvania Legislative Reference Bureau (LRB) not to publicize a regulation decreed by then-Governor Tom Wolf (D) entering the state into the Regional Greenhouse Gas Initiative (RGGI). The LRB, which drafts all state legislation upon lawmakers’ requests and provides other policy reference services, declined to promulgate the rule enrolling the commonwealth in the multistate compact, citing a state House of Representatives resolution opposing it.

Read the full story

Lee Signs Bill to Lower Tennessee Aviation Fuel Tax Cap to $1 Million

The Center Square

Tennessee’s corporate aviation fuel tax cap will soon go down to $1 million, which would have an additional $10.6 million impact on the state’s Transportation Equity Fund, after Gov. Bill Lee signed a bill to lower the cap.

The bill is part of a drop in the aviation fuel tax over years. Rep. Mark White, R-Memphis, said FedEx paid $45 million in annual aviation fuel tax when the cap was first installed and will be down to $1 million for the 2024-25 fiscal year.

Read the full story

State Senator Lauds Passage of Upcoming Tax Rebates Coming to Arizonans

Neil Jones

Arizona State Senator Jake Hoffman released a statement Friday celebrating the upcoming tax rebates Arizonans will receive based on the State Budget passed by the Legislature and signed by Governor Katie Hobbs (D).

“Gas, groceries, housing, and energy prices have surged over the past three years since Democrats took control of the federal government,” Hoffman said. “This is the first time in at least 30 years our state lawmakers have been able to step up to the plate to provide a tax rebate of this magnitude for our citizens. I’m proud of the leadership of the Arizona Freedom Caucus, and for the support of our Republican colleagues, to dedicate $260 million to helping struggling Arizona families.”

Read the full story

Committee Passes Accelerated Pennsylvania Corporate Tax Cut in Bipartisan Vote

Bradley Vasoli

In a bipartisan 8-3 vote on Tuesday, Pennsylvania’s Senate Finance Committee passed legislation to speed the state’s reduction of its corporate net income tax (CNIT). 

Last year, as part of the Keystone State’s budget, lawmakers initiated a reduction of the CNIT from 9.99 percent to 4.99 percent over the next decade. Before the change, Pennsylvania had the second-highest state corporate tax in the U.S. behind New Jersey’s 11.5-percent rate. 

Read the full story

Florida Bill Could Give Residents $1.2 Billion in Tax Relief

The Center Square

The Florida Legislature could be poised to pass a massive $1.2 billion tax package bill that would give residents both permanent and temporary relief

Senate Bill 7062 is a tax package that incorporates the tax cut proposals by Gov. Ron DeSantis that could provide Floridians with more over $3 billion in tax breaks if he signs it into law.

Read the full story

Europe Imposes First-Ever ‘Climate Tax’ on Imported Goods

Admin

The European Parliament finalized legislation Tuesday that will impose taxes on imports based on the greenhouse gas emissions made during their production, despite the objections raised by companies in the U.S. and China.

The European Union’s (E.U.) Carbon Border Adjustment Mechanism (CBAM) would first take effect in 2026, and first cover emissions from companies producing iron, steel, cement, aluminum, fertilisers, electricity and hydrogen, according to the European Parliament. The taxes have been criticized by firms in the U.S., who are concerned about unnecessary regulation and red tape, and firms in China and the developing world, who use less green sources of energy than competitors in the U.S. and E.U., according to the Wall Street Journal.

Read the full story

Tennessee Senate Committee Approves Lowering Aviation Fuel Tax Cap for FedEx, Others

The Center Square

A Tennessee bill that passed Senate committee Tuesday would reduce the aviation fuel tax cap on commercial companies down to $1 million, which would have an additional $10.6 million impact on the state’s Transportation Equity Fund.

The decreased taxes led to Gov. Bill Lee putting $83.2 million in this year’s budget amendment for the state’s airports with $26.3 million in funding coming from the equity fund. That’s up from $50 million of state funding in the 2021-22 budget.

Read the full story

Pennsylvania’s Largest Coal Plant Closure Shows Effect of Coming De Facto Carbon-Tax

Bradley Vasoli

In July, the Homer City Generation LP Plant, Pennsylvania’s biggest coal-fired energy creator, will be taken offline, meaning 129 well-paying jobs will disappear in Pennsylvania’s fifth-poorest county of Indiana. 

This event, say free-market advocates and fossil-fuel supporters, should admonish Keystone State policymakers not to let the commonwealth let its abeyant membership in the Regional Greenhouse Gas Initiative (RGGI) become active. The pact involving a dozen northeastern and mid-Atlantic states entails de facto taxation of carbon emissions. Even pre-implementation, industry experts explain, preparation for RGGI is killing otherwise viable power plants. 

Read the full story

Georgia Taxpayers Have the Eighth-Best Return on ‘Investment’

The Center Square

Georgia taxpayers have the eighth-best return on their “investment.”

WalletHub used 29 metrics to analyze the efficiency of state-government services across five categories: education, the economy, health, safety and infrastructure and pollution, to develop the rankings.

Read the full story

Virginia County Board Members Give Themselves Massive Raise amid Inflation, Tax Hikes, Cop Shortage

Just the News

The majority of the Fairfax County Board of Supervisors formally voted to give members of the board salary increases of up to 38%, while residents of the county, located just outside of Washington, D.C., grapple with rising real estate and vehicle personal property tax assessments, resulting in higher tax bills.

The county is also dealing with a shortage of about 200 police officers in the midst of a crime surge. According to WJLA, a Washington, D.C. area local ABC station, there has been an increase of major crime incidents throughout the county. 

Read the full story

Ohio’s Yearly Gas Price Increase Among Nation’s Highest

The Center Square

A new report shows Ohioans have some of the highest gas price increases in the nation from 2022 to 2023.

Zutobi, an online drivers ed organization, analyzed fuel prices in every state and more than 170 countries to create its “Global Gas Prices Report” for 2023. The report shows the states with the cheapest and most expensive gas prices, along states that showed the most significant changes.

Read the full story

Study Finds Extensive Flaws in Plan to Extend Sales Tax for Expanding Light Rail in Maricopa County

Rachel Alexander

Arizona Free Enterprise Club released a new report criticizing the Maricopa Association of Governments (MAG) proposed plan for the Prop. 400 half-cent tax.

The Prop. 400 half-cent tax, which started in 1985 to pay for public transit and then light rail in Maricopa County, faces strong opposition every time it comes up for renewal. 

The report said the MAG’s proposal fails to consider the permanent transformation of society due to COVID-19, which significantly reduced the number of workers using public transit as people shifted to working from home and remained there.

Read the full story

‘2023 Property Taxpayer Protection Act’ to be Taken up by General Assembly this Week

Laura Baigert

A bill that would protect property taxpayers from bearing the brunt of new residential development across the state is set to be taken up in the General Assembly this week.

The “2023 Property Taxpayer Protection Act” will remedy a disparity between the ways in which cities and counties are able to fund the expansion of services brought on by the accelerated growth Tennessee is experiencing which was created by the 2006 County Powers Relief Act.

Read the full story

Two Dozen AGs Sue Biden’s ATF for Taxing, Registering Pistol Braces

The Center Square

Missouri Attorney General Andrew Bailey joined 24 other attorneys general in suing President Biden’s administration for implementing a rule outlawing pistol braces.

The regulation will “result in the destruction or forfeiture of over 750,000 firearms and will cost the private sector somewhere between $2 and $5 billion,” according to the filing.

Read the full story

Michigan House OKs Dem Tax Plan, Could Block Income Tax Break

The Center Square

Michigan House lawmakers voted 56-53 on House Bill 4001, which aims to provide some tax relief, but also block an automatic, permanent tax break for all Michiganders triggered by an influx of money in state coffers.

The package would increase the earned income tax credit from 6% to 30%, reduce taxes on public and private pensions, and possibly provide a $180 check to Michigan tax filers.

Read the full story

New Law Waives State Sales and Use Tax on Some Farming Supplies and Equipment Purchases

Kaitlin Housler

The Tennessee Department of Revenue and the Tennessee Department of Agriculture has issued a public reminder noting that a new law that took effect in the new year made certain items tax-free for qualified farmers, timber harvesters, and nursery operators.

Read the full story

Study: Electric Vehicles Could Cost Michigan $95 Million Annually in Lost Tax Revenues

The Center Square

As the number of electric vehicles grows in Michigan, so does the revenue hole from missing gas taxes that fix the damn roads.

The newly formed Coalition on Electric Vehicles and Transportation Revenue says lawmakers need to replace road funding lost by a growing number of EV drivers who don’t pay state or federal gas taxes.

Read the full story

Mentor Leaders Call for Lake County Commissioners to Rescind Sales Tax Increase

Hannah Poling

In Lake County, a discussion about raising the sales tax is ongoing. The county’s 7.75 percent sales tax rate, which is now the third-highest in the state, was approved earlier this month by the county Board of Commissioners after a 0.5 percent hike.

On January 12th, the commissioners passed the sales tax increase by a vote of 2 to 1, with John R. Hamercheck and Richard J. Regovich voting in favor and John Plecnik opposed.

Read the full story

Georgia Legislative Study Committee Endorses Pilot Mileage Tax Program

The Center Square

The Joint Study Committee on the Electrification of Transportation has endorsed the Georgia Department of Transportation’s pilot program taxing motorists based on vehicle miles traveled.

Charging a mileage tax would recoup what state leaders see as a potential loss in revenue via the gas tax. Gov. Brian Kemp, a Republican, suspended the gas tax to help Georgians counter rising inflation.

Read the full story

Fines Totaling $1.3 Million for the Pennsylvania Oil Industry, Environmental Costs of $1.8 Billion for State Taxpayers

The Center Square

Across Pennsylvania, thousands of violations have been issued in recent years over the “improper abandonment” of oil and gas wells. 

While the Department of Environmental Protection has collected more than $1.3 million in fines, reporting requirements are routinely flouted and improperly abandoned wells present environmental hazards to the public – as well as new burdens on taxpayers, who could be on the hook to pay for environmental remediation.

Read the full story

Truckers Weigh Options on New Connecticut Highway Tax

The Center Square

Truckers are criticizing a new Connecticut law charging them a tax for driving on the state’s roadways, with a trade group weighing a legal challenge. 

The new law, which went into effect on Jan. 1, requires commercial truckers to pay rates ranging from 2.5 cents per mile for trucks with a gross weight of 26,000 pounds to 10 cents per mile for trucks weighing 80,000 pounds. Trucks weighing more than 80,000 pounds are slated to pay 17.5 cents per mile under the new regulations. 

Read the full story

Florida State Rep. Eskamani Files Bill to Get Rid of Diaper Sales Tax

The Center Square

A bill has been refiled that could permanently nix Florida’s sales tax from diapers and adult incontinence products.

Florida state Rep. Anna V. Eskamani filed House Bill 29, a continuation of an already existing sales tax exemption for children’s diapers, that are tax-free until June 30, 2023. If passed, the exemption would be expanded to also help reduce the cost for the elderly, their families, and those who use adult diapers and other incontinence products.

Read the full story

White House to Go on Offensive Against GOP as Gas Prices Drop

Admin

The average price for a gallon of gas has fallen below what it was one year ago, and the White House is preparing to go on the offense politically as consumers see more money in their pockets ahead of the holidays. The administration argument? Thank President Biden.

Read the full story

Georgia’s Tax Revenues Decreased by $2.4 Million in November

The Center Square

One day after Republican leaders called on returning more than $1 billion to Georgia taxpayers, the state revealed some bad news.

On Friday, state officials reported November’s total general fund receipts decreased by 0.1% — or nearly $2.4 million — compared to November 2021. Still, tax collections surpassed $2.2 billion for the month and net sales and use tax collections increased by 9.8%.

Read the full story

Air Pollution Board Advances Repeal of Virginia Participation in the Regional Greenhouse Gas Initiative

Eric Burk

The Virginia Air Pollution Control Board voted four to one with two abstentions on Wednesday to advance a regulatory repeal of the Commonwealth’s participation in the Regional Greenhouse Gas Initiative (RGGI), with completion targeted for the end of 2023.

The program requires utilities in participating states to bid on carbon allowances, and withdrawal from the program has been a top goal of Governor Glenn Youngkin since before he took office. Republicans argue that utilities will pass the costs on to consumers, and Democrats highlight funds raised through the program for flood protection and coastal resilience.

Read the full story

Americans Can Expect Record-Setting Gas Prices over Thanksgiving

Admin

The average national gasoline price during Thanksgiving will be at its highest level since 2012, according to estimates from the fuel-saving app GasBuddy.

Thanksgiving gas prices on average will hit $3.68 per gallon, almost 30 cents higher than they were during 2021 and more than 20 cents higher than the previous record of $3.44 a gallon set in 2012, according to a GasBuddy news release. Gas prices have reached record highs in 2022 due to increased post-pandemic demand, fuel-refining constraints and Russia’s invasion of Ukraine.

Read the full story

European Union Announces Ban on Gas Cars in the Middle of Energy Crisis

Admin

The European Union (EU) announced Thursday that it will be outlawing the sale of gasoline and diesel-powered vehicles by 2035 even though EU countries are already struggling to fight soaring electricity costs.

EU member states and the European Commission agreed to force all new cars and vans registered in the EU to be electric by 2035, according to an EU press release. Europe is currently embroiled in an energy crisis and is preparing for blackouts as electricity prices remain more than seven times higher than they were in 2020, according to The Wall Street Journal.

Read the full story

Phoenix Congressman Files Bill Taxing Saudi Crop Exports in Arizona

The Center Square

U.S. Rep. Ruben Gallego wants to impose an excise tax on foreign entities exporting crops from dry parts of the country, an issue Arizona is facing.

The Phoenix Democrat filed the Domestic Water Protection Act of 2022 Thursday. If enacted, it would impose a 300% excise tax on exported crops that need more water than others. 

Read the full story

Georgia’s Kemp Receives B Grade for Fiscal and Tax Policies

The Center Square

The Cato Institute gave Georgia Gov. Brian Kemp a B on its 2022 Fiscal Policy Report Card of governors, citing his tax cuts as a reason for the grade.

The libertarian think tank also gave Kemp, a Republican, a B on its 2020 report card. The analysis grades governors on their fiscal policies from a limited-government viewpoint; the higher the grade, the more a governor has cut taxes and spending.

Read the full story

Georgia Democrat Stacey Abrams on Why Abortion Is Necessary: ‘Having Children Is Why’ You’re Worried About Food and Gas Prices

Susan Berry, PhD

Georgia Democrat gubernatorial hopeful Stacey Abrams said Tuesday access to abortion is necessary because “having children is why you’re worried about your price for gas … how much food cost.”

“You can’t divorce being forced to carry an unwanted pregnancy from the economic realities of having a child,” she told MSNBC’s Morning Joe.

Read the full story

Kari Lake Slams Katie Hobbs for Not Supporting More Tax Cuts as Inflation Continues to Soar

Neil Jones

New data shows that inflation continues to rise for consumers across the country, and in response, Arizona’s gubernatorial Republican nominee Kari Lake slammed her Democrat opponent Katie Hobbs for not supporting more tax cuts in the state.

“Today’s skyrocketing inflation data is another tragic reminder of the damage Democrats like Katie Hobbs and Joe Biden have done to Arizona’s economy. Arizona families can’t keep up with the soaring costs. I have a plan to provide some immediate relief by eliminating taxes on groceries and rent, which Katie Hobbs obviously opposes because she’d rather tax you than help you. It’s unfathomable that Katie Hobbs wants Arizonans to pay tax on top of these already crushing prices, but not surprising coming from the party of Joe Biden,” Lake said in a statement emailed to the Arizona Sun Times.

Read the full story

Grover Norquist: Katie Hobbs Says She Won’t Raise Taxes But Refuses to Sign Americans for Tax Reform’s No-Taxes Pledge

Rachel Alexander

During a recent Arizona Chamber of Commerce gubernatorial candidate forum, Democratic Secretary of State Katie Hobbs, who is running for governor, said she would not raise taxes as governor. When asked by ACC President and CEO Danny Seiden if she would raise taxes, Hobbs responded, “Absolutely not. I am pro-growth.” She pointed out that raising taxes requires a two-thirds vote in the Arizona Legislature, which would make it difficult. 

Instead, Hobbs said in a new ad that she will cut taxes to help Arizonans deal with inflation; cutting income taxes for 800,000 families and exempting diapers, baby formula, and over-the-counter medicine from sales tax. However, in 2015, she voted against HB 2001, which indexed the Arizona income tax for inflation.

Read the full story

Commentary: Gas Cars May Soon Be as Environmentally Friendly as Electric Vehicles

RealClearWire

A team of engineers from Michigan State University led by Associate Professor Annick Anctil projects that rising fuel efficiency standards for internal combustion engine (ICEV) vehicles in the U.S. could lower their greenhouse gas emissions to be close to those of electric vehicles (EVs) by 2030.

The analysis, published earlier this year in the Journal of Environmental Management, should give pause to EV-obsessed policymakers doling out lavish tax credits for purchasing EVs and banning the sale of new ICE vehicles. At least twelve states aim to phase out sales of new, gas-powered cars by 2035.

Read the full story

Tim Ryan Says America Is Ready to Ban Gas Cars Despite Driving an SUV

Admin

Democratic Ohio Senate nominee Tim Ryan previously called for a ban on gas cars; however, in one of his campaign ads Ryan was featured driving a large, gas-guzzling SUV.

Ryan, who is also a congressman, indicated that Democratic Sen. Bernie Sanders of Vermont’s plan to ban gas vehicles by 2040 did not go far enough during a 2019 interview after a Democratic primary presidential debate. However, in a campaign video, Ryan drove around his hometown in a 2020 GMC Yukon, which has a fuel efficiency of roughly 13 miles per gallon, according to the Department of Energy.

Read the full story

New Docs and Whistleblowers Reveal Joe Biden’s Involvement with Selling U.S. Natural Gas to the ChiComs

Admin

Republicans on the House Oversight and Reform Committee have obtained bombshell documents proving that Joe Biden was deeply involved in the family business of selling American natural gas to the Chinese–while he was planning to run for President. According to multiple whistleblowers, the Biden family made promises to those who worked with them in 2017 and onward that they would “reap the rewards in a future Biden administration.” These explosive revelations “pose national security concerns,” Oversight Republicans proclaimed Tuesday night.

Read the full story

California Could Offer $1,000 Tax Incentives for Car-Free Life for Low-Income Residents

Admin

California could soon offer a tax incentive to certain households that do not own cars under a bill awaiting Gov. Gavin Newsom’s consideration.

Senate Bill 457, which passed the Legislature on the final day of session last week, would offer a $1,000 tax credit per household starting in January 2023 to certain low-income taxpayers who do not own a vehicle. The bill specifies that spouses jointly filing making $60,000 or less and individuals who make $40,000 or less would be qualified for the tax credit.

Read the full story

Gas Prices Continue Decline, Still Much Higher Than Last Year

The Center Square

Gas prices have continued a steady decline in recent weeks, coming down from record-high gas prices this summer, but the Congressional Budget Office says natural gas prices may see an increase from the recently passed Inflation Reduction Act.

According to AAA, the current national average price for a gallon of regular gasoline is $3.78, down from $4.08 a month ago and down significantly from earlier this summer when prices surpassed $5 per gallon. Prices have dropped about a nickel in the past week.

Read the full story

Budget Group: Student Loan Payment Deferments Cost Taxpayers $155 Billion, Benefits Doctors, Dentists More than Most

The Center Square

Estimates vary widely on how much President Joe Biden’s $10,000-20,000 per borrower cancellation of student loans will cost taxpayers, but a new analysis estimates the significant cost of a less-covered aspect of Biden’s plan.

When Biden announced the debt cancellation, he also announced an extension of student loan repayments “one final time” through Dec. 31 of this year. In March of 2020, then-President Donald Trump first suspended the repayments citing COVID-19. Since then, the suspension has been extended several times. Interest does not accrue while the payments are suspended.

Read the full story

Connecticut U.S. Senate Candidate Leora Levy: Biden’s and Blumenthal’s ‘Inflation Reduction Act’ Is ‘Gaslighting Americans’

Susan Berry, PhD

Joe Biden’s “Inflation Reduction Act,” which seeks to “gaslight Americans into thinking it is something that it is not,” will allow Biden and Senator Richard Blumenthal (D-CT) “to tax middle-class American families, to the tune of $10.6 billion in new taxes,” wrote Connecticut Republican candidate for the U.S. Senate Leora Levy in an op-ed Sunday at the Hartford Courant.

Levy, who emerged the victor in the Connecticut GOP primary race to unseat career Democrat Blumenthal, put Biden’s signature legislation into perspective.

Read the full story

Washington Will Ban Gas Cars, Copying California

Admin

Democratic Gov. Jay Inslee of Washington announced Wednesday that his state would be following California’s lead in banning the purchase of all gas-powered vehicles by 2035.

Inslee touted California’s new rule, which was approved on Thursday, and stated that Washington was ready to adopt the rule to prohibit the sale of new gas-powered cars by 2035 at the end of 2022, according to a tweet he posted. The governor also said that his state already set an unenforced goal for all new car sales to be zero emissions vehicles by 2030, a move that would attempt to phase out cars powered by an internal combustion engine.

Read the full story