Investment Guide

Seven States Raise Gas Taxes As Of July

As of July 1, 2020, seven states have raised their gas taxes in an effort to fund infrastructure projects and improve road safety. The states that have raised their gas taxes are California, Connecticut, Illinois, Maryland, Massachusetts, Ohio, and Rhode Island.

In California, the gas tax was raised by 5.6 cents per gallon, bringing the total to 50.5 cents per gallon. This increase is expected to generate an additional $5.2 billion in revenue for the state over the next 10 years. The money will be used to fund road repairs, bridge maintenance, and other transportation projects.

In Connecticut, the gas tax was raised by 3.5 cents per gallon, bringing the total to 49.2 cents per gallon. This increase is expected to generate an additional $1.2 billion in revenue for the state over the next 10 years. The money will be used to fund road repairs, bridge maintenance, and other transportation projects.

In Illinois, the gas tax was raised by 19 cents per gallon, bringing the total to 38 cents per gallon. This increase is expected to generate an additional $1.2 billion in revenue for the state over the next 10 years. The money will be used to fund road repairs, bridge maintenance, and other transportation projects.

In Maryland, the gas tax was raised by 4 cents per gallon, bringing the total to 41.5 cents per gallon. This increase is expected to generate an additional $1.2 billion in revenue for the state over the next 10 years. The money will be used to fund road repairs, bridge maintenance, and other transportation projects.

In Massachusetts, the gas tax was raised by 5 cents per gallon, bringing the total to 28.5 cents per gallon. This increase is expected to generate an additional $1.2 billion in revenue for the state over the next 10 years. The money will be used to fund road repairs, bridge maintenance, and other transportation projects.

In Ohio, the gas tax was raised by 10.5 cents per gallon, bringing the total to 47.3 cents per gallon. This increase is expected to generate an additional $1.2 billion in revenue for the state over the next 10 years. The money will be used to fund road repairs, bridge maintenance, and other transportation projects.

In Rhode Island, the gas tax was raised by 5 cents per gallon, bringing the total to 33.5 cents per gallon. This increase is expected to generate an additional $1.2 billion in revenue for the state over the next 10 years. The money will be used to fund road repairs, bridge maintenance, and other transportation projects.

The increases in gas taxes are part of a larger effort to improve infrastructure and road safety across the country. The additional revenue generated by the increases will help states fund much-needed repairs and improvements to their roads and bridges. While the increases may be unpopular with some drivers, they are necessary to ensure that our roads and bridges are safe and well-maintained.

Related posts

October 11, 2023 — Rates Move Upward

EdaFace

Things To Know & Alternatives

EdaFace

How to Sell Shoes Online in 2024

EdaFace

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More