Progressives desperately don’t want you to know the following fact: Gas is expensive because of state and federal taxes.
A big percentage of the cost of gasoline goes to state and federal taxes, in fact the government makes FAR more in “profit” on gasoline, than the oil companies themselves!
The federal excise tax is 18.4 cents per gallon, each state sets it’s own tax rate, and they vary greatly around the country.
Read the rest here...
http://bit.ly/119XyLP
A big percentage of the cost of gasoline goes to state and federal taxes, in fact the government makes FAR more in “profit” on gasoline, than the oil companies themselves!
The federal excise tax is 18.4 cents per gallon, each state sets it’s own tax rate, and they vary greatly around the country.
Read the rest here...
http://bit.ly/119XyLP
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