Quietly, the bus industry has made come back for consumers travel options. Continue reading →
Tag / roads
They Lied: Indiana’s New Gas Tax Not Strictly Just For Roads
Guess what the tax revenue will be used for? Continue reading →
Inflation Running Up Construction Costs for Local GovernmentsÂ
With local governments wanting to spend big on construction projects because of low-interest rate borrowing, new inflationary pressures are popping up. Costs are now going up 10% annually in some places. Continue reading →
How many miles do Americans drive a year?
Americans drive a lot of miles each year. Continue reading →
Taxes in Indiana Will Rise in 2016
Just because Indiana is a Republican state doesn’t mean taxes will never rise. Continue reading →
What A Gasoline Receipt Should Look Like
An unethical practice happens every time you go purchase gasoline for your vehicle:
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Gasoline Taxes Paid by Consumers
Consumers of gasoline pay state/federal taxes when they purchase gas. The tax is per gallon. The federal tax on gasoline is 18.4 cents/gallon. State taxes vary greatly. The map below shows both state/federal. Just deduct the federal to see what you pay in each state.
Map courtesy of the American Petroleum Institute. Click here for their interactive map.
Hoosier Econ 