HP3000-L Archives

April 2001, Week 4

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Subject:
Re: OT: [HP3000-L] Gasoline prices and what consumers are doing about it
From:
Ken Hirsch <[log in to unmask]>
Reply To:
Ken Hirsch <[log in to unmask]>
Date:
Mon, 23 Apr 2001 16:35:38 -0400
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"Born, Ken" <[log in to unmask]> wrote:
> So why doesn't the Federal or State governments look into this matter?
> Well, if you are from a state that has a gas sales tax (like Illinois), it
> is to the state's  benefit that gas prices rise thus increasing the tax
> revenue.

I think that all the gasoline taxes are excise taxes, not ad valorem, so
they get less revenue when the prices goes up.

Ken Hirsch

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