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Tag Archives: gasoline tax
McDonnell’s Distorted Attack
Virginia Republican gubernatorial candidate Bob McDonnell’s new ad claims that Democrat Creigh Deeds’ policies would bring $7,800 in higher taxes over four years for Virginia households. The ad would be devastating, if it were true. Fuel for Frustration Deeds has never proposed a "billion dollar gas tax increase," as the …
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Posted in The FactCheck Wire
Tagged cap-and-trade, Deeds, energy, gasoline tax, McDonnell, Virginia
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Bluegrass Gasoline Blues
Summary Senate Minority Leader Mitch McConnell of Kentucky is running an ad blaming his opponent for contributing to high gasoline prices in the state. We find that’s a big exaggeration. At most, prices are 12.1 cents per gallon higher as a result of the 1980 tax change that was favored …
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Posted in Articles
Tagged Bruce Lunsford, gasoline, gasoline tax, Mitch McConnell, taxes
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Gasoline Tax Profits
Q: Does the government really make more in taxes from the sale of a gallon of gasoline than the oil companies do? A: Possibly. Both taxes and profits account for a large share, but which is larger depends on too many unknown factors to allow for a clear answer.





