Category Archives: Tax in the News

Indexing of Gas Tax to Inflation Key Issue in Massachusetts Elections

In 2013, the Democrat-controlled state legislature voted to index the tax rate on gasoline to inflation.  A gas tax indexed to inflation could mean the tax increases as often as annually depending on changes with the U.S. Consumer Price Index.  Democrats running for state Legislature seats may learn the cost of that tax in the elections this fall.

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California Considering Tax for Drivers Based on Mileage Driven

California made headlines earlier this month with the announcement by Toyota that it would move its national headquarters from Torrance, California, to the city of Plano, Texas.  The move by Toyota has increased cries against the state’s anti-business practices, as it takes approximately 3,000 jobs and an estimated $475 million in annual property tax revenue from a state sorely in need of additional income.

The state is again in the news related to automobiles.  However, in this case, the headlines are not related to California’s unfriendly business policies that sent Toyota packing.  Rather, the news concerns state legislators who are considering a measure to tax drivers for every mile they drive.

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