Sentences with phrase «gas tax increase in»

A gas tax increase in 2017 boosted the state's wholesale tax to 58 cents per gallon.
Mountaineer State drivers experience their most recent gas tax increase in 2017 — about 3.5 cents per gallon.

Not exact matches

The trust fund is paid for with receipts from the federal fuel tax, and with gas prices at low levels, an increase in the tax might be part of a more extended program.
Trump's support for an increased federal gas tax could influence the gas tax repeal effort in California.
NDP commitments include a two point cut in the small business tax rate (already implemented by the Conservatives); extension of the accelerated capital cost allowance for two years (already implemented by the Conservatives (but with a different phase in); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; and, increasing ODA funding to 0.7 per cent of Gross National Income (GNI).
NDP promises include a two point cut in the small business tax rate (already implemented in the budget by the Conservatives); extension of the accelerated capital cost allowance for two years (also already implemented by the Conservatives); an innovation tax credit for machinery used in research and development; an additional one cent of gas tax for the provinces for infrastructure; a transit infrastructure fund; increased funding for social housing; a major child care initiative; increasing ODA funding to 0.7 per cent of Gross National Income (GNI); and restoring the 6 % annual escalator to the Canada Health Transfer.
Although the state had a modest increase in its gas tax in 2017 — less than 1 cent per gallon — it is crude oil prices and natural disasters that determine pricing overall.
In recent years, Vermont increased the gas tax, and it is now 32 cents per gallon.
Plus, a gas tax increase of 12 cents also took place in October 2017 to fund state transportation projects.
House Speaker Paul D. Ryan of Wisconsin is among the Republicans from outside California who have contributed to the campaign to repeal the state's gas - tax increase, showing the effort has national interest from GOP leaders who see it as a way to boost their party's chances in the Golden State for this year's election.
While the campaign trail in Strathmore - Brooks, Mr. Jean and candidate Derek Fildebrandt cleverly walked around town with a giant arrow in hand pointing out services and commodities, like alcohol and gas, which became more expensive due to tax increases in the recent provincial budget.
A 2018 budget proposal for Elgin includes a new gas tax, an increase in water and sewer rates, and other tax hikes.
The increase in gas prices due to higher crude oil prices means OPEC is canceling out the gains of US consumers from the recent US tax bill.
«The loss of significant offshore oil and gas tax revenues as the North Sea runs down will have a big impact on our economy, jobs and balance of payments, with significant increases in household energy bills — and a very adverse impact on the legacy for future generations in an independent Scotland,» he told EnergyVoice.com.
Other things, like a surcharge on delivery trucks / vans, increased parking fees or residential parking permits, even an extra tax on gas stations located in NYC, would also be better ways to raise this revenue.
In response, Cuomo's team pointed to the governor's record, including increasing the minimum wage, banning natural gas hydrofracking, passing strict gun control, capping local property tax increases, legalizing same - sex marriage and directing state investments in infrastructure like a replacement for the Tappan Zee BridgIn response, Cuomo's team pointed to the governor's record, including increasing the minimum wage, banning natural gas hydrofracking, passing strict gun control, capping local property tax increases, legalizing same - sex marriage and directing state investments in infrastructure like a replacement for the Tappan Zee Bridgin infrastructure like a replacement for the Tappan Zee Bridge.
Though Deputy Senate Majority Leader Tom Libous, R - Binghamton, didn't exactly close the door on a millionaires tax in a radio interview last week (Libous said he would be open to other sources of revenue if the high - volume version of the controversial but potential lucrative natural - gas extraction process known as hydrofracking isn't allowed) DeFrancisco said GOP lawmakers in his chamber would continue to oppose any tax increases or attempts to sustain a surcharge.
Paying off the interest and principal from the borrowing would come from a 10 - cent increase in the state's gas tax, half of a percent increase in the income tax rate for those who earn between $ 500,000 and $ 2 million and a $ 60 million contribution from New York City in the first year, with an extra $ 60 million added every year to the fifth year, capped at $ 300 million.
The Democratic Congressional Campaign Committee launched a digital attack advertisement on Monday claiming a Republican congressional candidate in California raised taxes and increased the costs of gas and energy in his district as an assemblyman.
Since then, Gov. Chris Christie and legislative leaders have failed to reach an agreement on an increase in New Jersey's gas tax that would have replenished the state's Transportation Trust Fund.
Although he did not directly call for an increase in gas and fuel taxes in his first State of the State address, Indiana Governor Eric Holcomb made it clear that there are not enough resources currently in the state's coffers to take care of its road funding needs.
Some leaders, notably Assembly Speaker Robin Vos, R - Rochester, have said they want to keep «all options on the table,» which means he is willing to consider increases in the gas tax or in registration fees.
Results from the study showed indicated that with carbon taxes set at $ 50 per ton and increased at a rate of 5 % per year would lead to a reduction in the total greenhouse gas emission in the US by as much as 63 %, confirms Reilly.
Among Freeman's specific recommendations are a «20 percent federal tax credit to electricity and natural gas utilities that gives highest priority to the efficient use of the energy they supply,» and ban on new coal or nuclear plants and retirement of the existing plants within the next 30 years, government - funded demonstration plants for Big Solar and hydrogen, increasing federal fuel economy standards one mile - per - gallon a year over the next 24 years, tax credits for plug - in hybrids or flex - fuel vehicles, and an excess - profits tax on oil to fund the tax credits.
But Pennsylvania faces a $ 2 billion budget deficit even without that new spending on schools, and so Wolf's plan depends on changes in state taxes, including a new tax on gas production and increases in both personal income and sales taxes.
Increasing the gas tax by, say, just 20 cents per gallon, potentially generating billions in road - repairing funds, would raise the average cost of a tank of fuel by only about $ 3.
Albertans in particular have been hit the hardest with commodities, oil and gas stocks collapsing to 2008 financial crisis levels, real estate prices stagnating while the rest of the country tests new all - time highs, and now two impending tax increases thanks to those voting for change in the provincial and federal elections.
While in office, Mr. Gingrich battled efforts to modulate demand through tools like increased gas taxes and tighter fuel standards, and he argues that voters won't support such measures even now.
Simply look to the post fuel - shortage years (when $ 2 gas nearly crippled the country and gas lines were the norm), we did not slap a tax on fuel during that period to force people to cut back, yet we had a 35 % increase in efficency overall for home heating systems, airlines and transportation industry.
And while some conservatives, notably Charles Krauthammer, have long pushed for a substantial increase in the gas tax, they've insisted that it be «revenue neutral,» with clear compensatory tax reductions elsewhere.
The government has said that the tax is estimated to result in a one per cent increase in cost of total electricity and gas expenses for households, but that the difference could be offset by rebates of S$ 20 per year, for eligible households.
In order to protect against the risk that falling electricity and gas prices might slow down the anticipated energy - efficiency growth, the government is increasing the Regulatory Energy Tax from f 3.4 billion 1998 to f 6.8 billion in 200In order to protect against the risk that falling electricity and gas prices might slow down the anticipated energy - efficiency growth, the government is increasing the Regulatory Energy Tax from f 3.4 billion 1998 to f 6.8 billion in 200in 2001.
Several studies from universities, think tanks, and industry organizations have calculated the increases in jobs, tax revenues, energy production, and economic growth that result from greater oil and gas production.
-- Instruct the new Energy Secretary to work with oil and gas industry to put together and implement an energy independence plan, with the clear goal of making the USA a net exporter of energy products within four years, at the same time creating millions of new jobs — Instruct the EPA Director to work with coal burning companies to encourage «clean coal» projects (eliminating pollution), by offering tax incentives for those who invest in these projects — Instruct the new Energy Secretary to set up a special task force to encourage the expansion of nuclear power and ease the permit procedure for new or expanded plants, with the goal of increasing nuclear power generation from 20 % to 25 % within four years
Their analysis indicates that starting with a $ 50 per ton carbon tax and increasing it by 5 percent per year would lead to a 63 percent reduction in total U.S. greenhouse gas emissions by 2050, Reilly says.
«And when the president says, «Yes, everything's on the table,» and that would include an increase in the gas tax, he didn't say it in those words, but everything is on the table,» Inhofe said.
Interestingly, beyond this, despite considerable rhetoric about moving beyond debates about carbon - pricing, the report recommends that in order to avoid adding to the Federal debt, it would be necessary to impose new taxes, including increased royalties for oil and gas extraction, a tax on imported oil, a tax on electricity sales, and a «very small carbon price» (presumably from a modest carbon tax or unambitious cap - and - trade system).
Plans include independent evaluations of financed activities including verification of emission reductions, seek to achieve significant CO2 reductions over the shortest time frame, require proof of additionality taking into consideration existing laws like I - 937, and shall provide sufficient funding to mitigate increases in electric and natural gas costs from the carbon tax for qualifying low - income households.
more people are using red diesel (tax exempt in the uk) and one of the reasons for increasing energy bills the power companies do not mention is theft of both electricity and gas.
In 1999, the country increased taxes on gasoline, heating oils, and natural gas, and adopted a new tax on electricity.
In practice, that has meant that any gas tax increase has been linked with major road expansion projects — which, in turn, tend to boost drivinIn practice, that has meant that any gas tax increase has been linked with major road expansion projects — which, in turn, tend to boost drivinin turn, tend to boost driving.
A carbon tax is likely to increase the use of natural gas in the electricity sector because natural gas is the less carbon - intensive fossil fuel.
In a speech before the Daimler Trucks North America manufacturing plant in Charlotte, N.C. today, the president delivered his answer to rising gas prices: He wants to increase the $ 7,500 tax credit for alternative - energy vehicles to $ 10,000, earmark $ 1 billion to reward cities that provide infrastructure for such vehicles, earmark an additional $ 650 million for a -LSB-..In a speech before the Daimler Trucks North America manufacturing plant in Charlotte, N.C. today, the president delivered his answer to rising gas prices: He wants to increase the $ 7,500 tax credit for alternative - energy vehicles to $ 10,000, earmark $ 1 billion to reward cities that provide infrastructure for such vehicles, earmark an additional $ 650 million for a -LSB-..in Charlotte, N.C. today, the president delivered his answer to rising gas prices: He wants to increase the $ 7,500 tax credit for alternative - energy vehicles to $ 10,000, earmark $ 1 billion to reward cities that provide infrastructure for such vehicles, earmark an additional $ 650 million for a -LSB-...]
100k Views on their Classic Video: «The Case for Physically Separated Bike Lanes Old Car Scrappage Incentive Scheme Announced in UK This Needs More Attention: Making Streets Safe for Seniors Bill Ford Supports a Gas Tax Increase
Even after this significant increase, the U.S. gas tax would still be less than half the level in Great Britain.
He also cites regulatory relief, tax incidence, economic growth as a result of increased R&D; in gas substitutes, and national security as additional reasons to adopt the plan.
Mr. Mankiw, a Harvard Economics professor and former chairman of the Council on Economic Advisors, «would like to see Congress increase the gas tax by $ 1 per gallon, phased in gradually by 10 cents per year over the next decade.»
[75] The American Chemistry Council determined that a 25 % increase in the supply of ethane (a liquid derived from shale gas) could add over 400,000 jobs across the economy, provide over $ 4.4 billion annually in federal, state, and local tax revenue, and spur $ 16.2 billion in capital investment by the chemical industry.
To ease gas prices in the interim, the proposal includes significant conservation provisions, consumer tax credits, and responsible measures to increase domestic production.»
I have long advocated a big increase in gas taxes — add 50 cents per gallon per year for the next ten years.
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