Trump backs a 235 PER CENT gas tax hike of 25 cents/gallon - News Summed Up

Trump backs a 235 PER CENT gas tax hike of 25 cents/gallon


President Donald Trump is quietly telling members of Congress that he would support a 235 per cent hike in the federal tax Americans pay for gasoline and diesel fuel. Filling a car's tank currently carries a federal tax of 18.4 cents per gallon, a rate that hasn't changed since 1993. Americans for Tax Reform and Americans for Prosperity piled on soon after, showing solidarity with tea-party Republicans in the House Freedom Caucus. A House GOP aide told DailyMail.com this month that if Congress had 'indexed' the gas tax to inflation, 'it would already be more than 31 cents a gallon today.' The gas tax is assessed on each gallon, not as a sales-tax percentage of the final price for each fillup.


Source: Daily Mail February 15, 2018 13:35 UTC



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