North Carolina Increases Gas Tax 3.9 Cents

AASHTO Journal, 6 January 2012

The state gas tax went up 3.9 cents per gallon on New Year’s Day in North Carolina. Drivers now pay 38.9 cents per gallon to help fund the state’s highways and bridges — the highest state excise tax in the nation and ranking North Carolina sixth highest for total state gasoline taxes (some states assess both an excise tax and a sales taxes on motor fuels), a newspaper reported.Every six months, the North Carolina Department of Revenue calculates and sets the state gas-tax rates using a formula that adjusts a portion of the state’s gas tax to the wholesale price of gasoline.

More information is available from The Star of Shelby at bit.ly/Star122611 and the North Carolina Department of Revenue at bit.ly/NCDOR122811.

This entry was posted in General News, Legislative / Political, News. Bookmark the permalink.

Comments are closed.