Good Morning Gentle Readers:
Decades ago Californicate had the finest road system in the world. Today, with an effective tax rate of 60 cents per gallon, one could be forgiven for assuming that a state with the
second third highest gas taxes in the US would maintain it's leadership position by offering the finest highways. But, like most everything else about the Golden State, you'd be dead wrong, California highways are among the very worst in the nation.
A brand new study from the Tax Foundation reports that nationwide, the overall average gasoline tax burden today is nearly 46 cents per gallon.
While supply and demand determine gas prices, gasoline taxes are responsible for a significant portion of the price drivers pay at the pump.....the combined burden of federal, state and local gas taxes is roughly 45.9 cents for every gallon purchased, and exceeds 60 cents per gallon in some states. That amounts to an annual gas tax burden of roughly $271 for every man, woman and child in the United States.
Check the cost of gas tax in your state here.
- It is also worth mentioning that federal gasoline taxes have increased 360% over the last 25 years.
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