While President Joe Biden this week began urging Congress to suspend the national gas tax for three months and asking states to do the same with their gas levies, Ohio Gov. Mike DeWine (R) came out against the idea.
The federal government charges gasoline buyers $0.18 per gallon and diesel motorists $0.24 per gallon. The Buckeye State meanwhile imposes a $0.385-per-gallon tax on gasoline as well as a $0.47-per-gallon tax on diesel and other fuel types. Both levels of government use the revenues from these sources to fund transportation projects. Biden maintains that dollars flowing to the U.S. Treasury are sufficient to prevent compromising federal highway repairs in the event of a three-month tax holiday.Read More