Fuel Tax Hike

[michblanch 0]

I spent time reading the Infrastructure bill last week. 

One of the items in the bill that is not being broadcast or spoken about is the raising of the Federal Fuel Tax.

 

Gasoline Other Than Aviation Gasoline.--Section 
4081(a)(2)(A)(i) of the Internal Revenue Code of 1986 is amended by 
striking ``18.3 cents'' and inserting ``53.3 cents''.
    (b) Diesel Fuel or Kerosene.--Section 4081(a)(2)(A)(iii) of such 
Code is amended by striking ``24.3 cents'' and inserting ``59.3 

 

From 18.3 Cents per Gallon to 53.3 Cents per Gallon. 

That is a massive jump in taxation at a time when fuel cost area already high.