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Author Topic: How much could new Md., Va. gas taxes cost you?  (Read 1135 times)


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How much could new Md., Va. gas taxes cost you?
« on: April 14, 2013, 01:20:28 PM »

Washington Post: How much could new Md., Va. gas taxes cost you?

For decades, if you cared about the pennies in your pocket and you were able, youíve opted to buy your gasoline outside of the District, where prices were 20 to 30 cents cheaper per gallon.

But the balance may tip in the opposite direction after lawmakers in Annapolis and Richmond recently tinkered with their gas-tax formulas to raise cash to meet transportation needs.

Gas prices are sure to go up in Maryland. Itís too soon to say for certain what a complex package of tax changes will mean at Virginia gas pumps. The governorís office says prices will go down by 6 cents per gallon because the old 17.5 cent-per-gallon tax has been eliminated, replaced by a 3.5 percent state tax on the wholesalers who distribute gas.
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