Posted on 06/21/2022 7:52:44 AM PDT by gattaca
I’m .40%
👍 Proud to be on the same % with you.
Back at ya.
Before this increase:
WHICH STATE HAS THE HIGHEST TAX RATE?
The state with the highest tax rate on gasoline is Pennsylvania at $0.576 / gallon followed closely by California at $0.511 / gallon.
The highest tax rate on diesel is $0.741 / gallon again from Pennsylvania.
Meanwhile, the highest tax rate on aviation fuel is Massachusetts at $0.308 / gallon.
Finally, DC has the highest tax rate on jet fuel at $0.235 / gallon.
WHICH STATE HAS THE LOWEST TAX RATE?
The state with the lowest tax rate on gasoline is Alaska at $0.0895 / gallon followed by Hawaii at $0.16 / gallon.
The lowest tax rate on diesel is $0.0895 / gallon also from Alaska.
Oklahoma claims the lowest tax rate on aviation fuel at $0.0008 / gallon. Oklahoma also enacts the lowest tax rate on jet fuel at the same rate of $0.0008 / gallon.
You are taxing DRIVERS who purchase gas-—and giving payments to ALL residents??? Even those who do not drive???
HOW does that work???
You are taxing DRIVERS who purchase gas-—and giving payments to ALL residents??? Even those who do not drive???
HOW does that work???
FR could do without such propaganda. I could care less what stupid Indianans voted themselves into.
I don’t post what my stupid state libs do unless it’s constitutional in nature, otherwise I’d be posting leftist BS on a daily basis.
You are taxing DRIVERS who purchase gas-—and giving payments to ALL residents??? Even those who do not drive???
HOW does that work???
People who did not use gasoline and D. directly paid for items with increased prices at the point of purchase.
Indiana Gas Taxes are collected and spent on highway spending not the general fund. We have been here before with $4/gallon gas during Obama Administration. By the time the legislature meets the event is over, 2 year budgets are conservative and well debated and figured out.
“Alaska, Indiana, and Iowa all treat MFT (motor fuel tax) revenue as dedicated and place a restriction on its use.”
51% of general fund spending is towards education k-12.
FY2022 budget has a 656.9 million dollar surplus.
34 Billion in state debt.
When surplus is more than 12.5% of state budget an automatic refund is required. $125.00 is the automatic refund per Indiana Tax Payer in 2022. 2023 the number figures to be higher since sales tax increases with inflation and the 2023 budget does not.
So paying down future debt, via public sector retirement commitments have been the focus for the past half decade at the state and county level. The counties have a direct connetion to their local income tax base and as the population centers exfiltrate to rural areas almost half of indiana income tax moves each year. This has been a real boon to the consultant groups that advise counties on what unfortunate choices to make. Want a silly program, use your own voters income taxes to fullfil those “needs”.
The state is dealing with increasing energy costs and employee costs by limiting hiring and replacement of retirees. Counties seem to be giving up on the normal county road grass cutting schedules or dipping into the income tax surplus funds that they cant seem to keep up with. Smaller towns are riding federal grants and the cities are just the same spending on foolishness mess that they always have been.
The State of Indiana gets $0.61 per gallon profit for doing exactly NOTHING to produce, refine, transport, or deliver that gasoline.
The much maligned (by idiot leftists) “Big Oil” did all the work to get that gasoline from underground to the fuel tank in your car. Does “Big Oil” net $0.61 profit per gallon?
Who’s really ripping us off at the gas pump?
Cumulative inflation since 1943 has been 1590%.
Let that sink in for a moment.
The US Government has really destroyed the value of our currency over the past ~80 years.
Your $0.20/gallon gas should cost $3.38/gal if only devaluation of the currency is considered.
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