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In reversal, Democrats seek permanent cap on Connecticut gas tax
New Haven Register ^

Posted on 03/28/2012 2:46:07 PM PDT by matt04

The Senate and House are expected to take up a bill Wednesday to cap the gasoline gross receipts tax and more than a week after saying they would sunset the cap, Democratic lawmakers reversed themselves and decided to make the cap permanent.

The bill, which was still being drafted late Tuesday evening, will seek to cap the 7.53 percent tax when the wholesale price of gas reaches $3 per gallon. As of March 19, the wholesale price was around $3.18, which means the gross receipts tax was around 22 cents. Capping it at $3 will lower the price at the pump by about 1.3 cents, according the Independent Connecticut Petroleum Association.

(Excerpt) Read more at nhregister.com ...


TOPICS: Government; News/Current Events; Politics/Elections; US: Connecticut
KEYWORDS: gastax; oil
They are running scared.
1 posted on 03/28/2012 2:46:12 PM PDT by matt04
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To: matt04

They mis-spoke —

What they meant to say was “Tax on Gas Caps”...


2 posted on 03/28/2012 2:50:37 PM PDT by Uncle Ike (Rope is cheap, and there are lots of trees...)
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To: matt04

“They are running scared.”

The voters are so stupid!! These people are all first-class weasels who can’t see any further down the road than their next election. I used to wonder why, in countries who change leaders through the barrel of a gun, that they kill off the opposition when they assume power. Watching our “legislators” at work, I don’t wonder so much any more.


3 posted on 03/28/2012 2:52:46 PM PDT by vette6387
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