ALJAZAM Inside Story May 6, 2014
One thing hasnt changed in 20 years. The gas tax. Gasoline prices have been on a steady incline for weeks. Just in time for families to pile their car. As we head into the summer, we see a seasonal spike which may or may not hold through summer. 1993 the average price of a gallon of gas was 1. 07. Today it costs 3. 64 for that same gallon. But since 1993 americans have paid just 0. 18 in federal tax known as the gas or fuel tax. Combined with what your state adds on to the federal tax, the nationwide average is 0. 50 for a gallon of regular. But today the Highway Trust Fund largely supplied by...