Indiana voters ask Governor Daniels to suspend sales tax on gas
Indiana’s governor has been asked to suspend the state sales tax on gasoline.
Indiana is one of only seven states in the nation that includes gas on the list of things subject to sales tax.
At $3 dollars a gallon, the six percent sales tax amounts to about 18 cents a gallon.
The state also imposes a separate excise tax on gas, that is currently set at 18 cents a gallon.
The oil companies aren't the only ones who apparently make more money, as pump prices rise. To a certain extent, the state does as well, as prices go up, so do sales tax collections.
(more ...)
Thursday, August 3, 2006
Gas Relief?
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