In New York State, a budget deal in April between Gov. Both received relief through May 31 from Georgia’s 32.6-cent diesel tax and its 29.1-cent tax on gas. Georgia’s fuel-tax holiday, which began March 18, helps consumers and commercial fleets. Several states have acted in recent months to provide fuel-tax relief, some of which benefits trucking. House was referred to committee as well, but it also hasn’t moved. The bill there was sent to committee and hasn’t moved since. Senate Democrats in February introduced the Gas Tax Relief Act, which would pause the federal gasoline tax until Jan. Energy Information Administration (EIA), which tracks the fuel-price trends. Gasoline, while cheaper than diesel, is almost $1.58 more than a year ago, according to the U.S. government on March 7 reported the largest weekly diesel price spike ever-74.5 cents per gallon-and nationwide prices for trucking’s main fuel have remained historically high since ($5.571 per gallon on May 23), or more than $2.30 per gallon more than they were last year. 24, sending shock through oil and distillate markets that had already seen prices increase steadily since last year. Then Russia-a major energy exporter, mostly to Europe but a fraction to the United States-commenced its bloody invasion of Ukraine on Feb. See also: Diesel level for second straight week
The Highway Trust Fund (HTF), which is filled by the federal diesel tax as well as the 18.4-cent-per-gallon levy on gasoline, usually funds these types of investments, but the pressure was off the HTF at the time. So the vehicle miles traveled tax would violate the Biden-Harris pledge both ways.Diesel and gasoline taxes have received fresh attention this spring as state capitals and the federal government have looked to provide relief-albeit temporary in the form of fuel-tax “holidays”-in an environment of historically high prices on the distillates that are used by trucking and consumers.īy last fall, attention had turned away from these taxes-the federal levy on diesel is 24.3 cents while states add on varying amounts that average 39 cents per gallon-after President Joe Biden signed into law the massive $1.2 trillion Infrastructure Investment and Jobs Act, which promises to flow $110 billion alone to road, bridge, and tunnel repairs and improvements nationwide. The pledge also forbids the imposition of any ‘new’ taxes on Americans making less than $400,000.
Biden must fire Buttigieg, repudiate his statement or admit that he was elected on a lie.”īiden and Vice President Harris made the pledge on at least 56 different occasions. “Now his Secretary of Transportation announced he wants to both tax Americans earning less than $400,000 and do so with a new tax. “Biden won the 2020 election promising that he would never raise taxes on anyone earning less than $400,000 a year and would never impose a new tax,” said Grover Norquist, president of Americans for Tax Reform. If Biden intends to keep his pledge, he must immediately and loudly disavow this tax. If we believe in that so-called user pays principle, the idea that part of how we pay for roads is you pay based on how much you drive, the gas tax used to be the obvious way to do it, it’s not anymore, so a so-called vehicle miles traveled tax or mileage tax, whatever you want to call it, could be a way to do it.“
This tax would violate Biden’s pledge.ĬNBC asked him what he thought of the tax. President Biden pledged to every American making less than $400,000 that he would not raise ‘ a single penny ‘ of any of their taxes, or impose any ‘new’ taxes on them. But today his Transportation Secretary said the administration is eyeing a vehicle miles traveled tax. Norquist: “Biden must fire Buttigieg, repudiate his statement or admit that he was elected on a lie.”
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