The,Controversial,Gas,Tax,What law The Controversial Gas Tax: What Is It and How Does It Work

When you work with an attorney, you will have no problem reducing the risks associated with getting your case in front of a judge and jury, or other formal court, when you need to. However, every case is different. It is important to work wi Bankruptcy is a situation, wherein an individual is termed as unable to discharge all the debts. When a person or a company is not able to pay off its creditors, it has an obligation to file a bankruptcy suit. In fact, a bankruptcy suit is a

TheUnited States is one of the many countries in the world that extracts federalexcise tax on gasoline.  The decades-longpolicy was in danger of being placed on the chopping block after somerepresentatives in Congress expressed the desire of letting the gas tax expireon September 30th of this year. According to The New York Times, theRepublican right supports ending the gas tax; the organization Americans forTax Reform was already planning on asking legislators to phase out the gastax way before its September 30 expiration. The debate about the gas tax also enteredthe picture during the presidential campaigns of 2008, wherein presidentialcandidates Hillary Rodham Clinton and John McCain pushed for what they called a“gas tax holiday”. At that time, Barack Obama dismissed the idea as nothing buta gimmick, citing that any moves to reduce or remove the gas tax will not bebeneficial in any way to consumers and to the country’s dependency on foreignoil.In Defense of the Gas TaxTheNew York Times shares this stand, as featured in its August 2011 editorialwhere it cited several reasons why the Gas Tax needs to be extended. The excisetax collected on fuels goes to the Highway Trust Fund, which in turn financesthe upkeep and building of bridges, highways, and mass transit systems all overthe country. The gas tax is the primary source of the trust fund. It comprisesalmost nine-tenths of the Highway Trust Fund which, at present, stands at $37billion. According to the NY Times, this amount can hardly cover the expensesof maintaining the nation’s roads and railways; as of 2011, $72 billion isstill required to meet the demands of bridge repairs alone, and billionsof dollars more are needed to ensure road serviceability and enhance traffic safetyin both roads and railways.  The TreasuryDepartment had to step in to make sure the Highway Trust Fund is able to breakeven…and yet its obligations continue growing. At present inflation rates, thegas tax’s buying power is only 11 cents – a massive loss compared to thegrowing number of motorists and longer driving mileage that contribute greatlyto the declining state of the American highway system. The  gas tax  collects  18.4 cents  per  gallon exclusive  of  state taxes;  this  number remains unchanged since 1993. When state taxes are computed in, Americanconsumers pay an average of 43 cents per gallon of gasoline. This is ten timesless than what’s being paid by motorists in the United Kingdom, where a gallonof gasoline costs $4 in taxes. Considering the comparative differences ingas taxes and the requirements of the Highway Trust Fund, parties from bothsides of the Congress (except some select representatives from the HouseRepublicans who push for the tax to lapse) back an increase in the gas tax inorder to support the United States highway transport system.  Another reason cited for the extension andpossible hike of the gas tax rests on the argument that gas  tax receipts, when used in public  investment,  ultimately put  that  money back into the American economy.Increasing the gas tax is also seen as a way to create additional jobs (a greatbalm in the face of this economy) as well as put pressure on motorists toswitch to more fuel efficient vehicles. A tax hike may be unwelcome for some, butit clearly is a solution not only to the Highway Trust Fund but also to the economyand the environment.Thisarticle is brought to you by your local Scottsdalecar accident attorney. The Fountain Hills car accident attorneys  at JD Law Group have settled millions of dollars worth of accidentclaims and can refer you to thehighest rated car accident firms anywhere in the United States inorder to maximize your settlement.Callthem today at 1-888-736- 4248 for a free consultation.DISCLAIMER:The information provided on this website or the web site linked here in are nota substitute for professional medical or legal advice, diagnosis or treatment.In addition, viewing the content on these websites, requesting additionalinformation, or transmitting information through a contact form does not forman attorney-client relationship with the sponsoring attorney. Any results setforth herein are based upon the facts of that particular case or scientific studyand do not represent a promise or guaranty regarding similar outcome or causes.The information on this site is intended for educational purposes only andshould never interfere with a patient/site visitor and his or her healthcare provider.Internet subscribers or online readers should not act upon any information containedherein without seeking professional legal and/or medical advice. This firm islicensed to practice law only in the state of California, but is affiliatedwith a network of licensed attorneys in other states. Call 911 for all medical emergencies.PersonalInjury.org and JD Law Group make no representation or warranty regardingthe accuracy, reliability, completeness, currentness, or timeliness of the content,text or graphics. Links to other sites are provided for information only — theydo not constitute endorsements of those other sites.