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The fed chart is adjusted for inflation, so the numbers at the pump are higher. Do you have any reason to believe that gas taxes have increased in the past dec
by fastaguy88 3y ago
The fed chart is adjusted for inflation, so the numbers at the pump are higher. Do you have any reason to believe that gas taxes have increased in the past decade? The federal tax has not increased since 1993, and is not indexed for inflation.
- lotsofpulp 3y agoWhere do you see that the chart is adjusted for inflation? The prices match up with my memory of nominal prices, especially the spike in 2008. State gas taxes do change often. For example, Washington’s gas taxes went up at least $0.50 since Jan 1 (and it is variable based on the price carbon credits get auctioned at). https://ecology.wa.gov/blog/february-2022/the-climate-commitment-act-washington-s-path-to-ca https://ecology.wa.gov/blog/february-2022/the-climate-commit...