Sales Tax

 Gas Taxes Pay for Only a Fraction of Road Spending

January 21, 2013 

Gas Taxes Pay for Only a Fraction of Road Spending

Despite being dedicated to fund transportation projects, revenue from gas taxes and tolls pays for only about a third of state and local spending on roads, according to a new analysis (http://taxfoundation.org/article/gasoline-taxes-and-tolls-pay-only-third-state-local-road-spending) by the Tax Foundation. Wyoming and Alaska come last in transportation funding derived from gas taxes and tolls, while Delaware and Florida rank…

 Virginia proposal complicates Maryland’s gas tax debate

January 10, 2013 

Virginia proposal complicates Maryland’s gas tax debate

The governor of Virginia has thrown a new wrinkle into a Maryland debate by calling for abolition of the commonwealth’s gas tax and increasing the sales tax to pay for roads and transit, a move that would alter the competitive balance between the two states. This week’s proposal by Gov. Bob McDonnell, a Republican, is...…

 Texas sales tax revenues climb by 9.4%

January 10, 2013 

Texas sales tax revenues climb by 9.4%

Texas saw its sales tax collections rise again in December, with revenue of $2.17 billion, an increase of 9.4 percent over the same month last year, the state comptroller's office said Wednesday.

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