Search results
Results from the Tech24 Deals Content Network
The federal gasoline excise tax rate applies to gasoline and diesel. It helps pay for infrastructure projects and mass transportation in the U.S. Learn how it works.
Right now, the federal government charges an 18 cent tax per gallon of gasoline and a 24 cent tax per gallon of diesel. Those taxes fund critical highways and public transportation,...
As of January 2024, federal taxes on gasoline amount to $0.184 per gallon (which includes an excise tax of 18.3 cents per gallon and a storage tank fee of 0.1 cents per gallon). While...
Federal taxes include excises taxes of 18.3 cents per gallon on gasoline and 24.3 cents per gallon on diesel fuel, and a Leaking Underground Storage Tank fee of 0.1 cents per gallon on both fuels.
The federal gas tax is 18.4 cents per gallon, and for diesel fuel, 24.4 cents per gallon. Revenue from the gas tax goes to the Highway Trust Fund, to pay for construction and interstate...
Washington CNN — President Joe Biden on Wednesday called on Congress to suspend federal gasoline and diesel taxes until the end of September, framing the move as necessary to provide relief...
President Joe Biden on Wednesday called on Congress to pass legislation that would create a federal tax holiday on gas and diesel fuel for three months to lower prices at the pump.
In a speech from the White House, Mr. Biden asked Congress to lift the federal taxes — about 18 cents per gallon of gasoline and 24 cents per gallon of diesel — through the end of...
Key Points. A gallon of gas now costs an average of $4.97, according to AAA, and in some states, average prices are much higher. That cost includes a federal tax of 18.4 cents per gallon. The...
Gas prices are finally dropping a bit after topping $5 per gallon, but the president says he's still considering suspending the federal gas tax, which could save Americans up to 18.4 cents per...