Virginia gas tax likely to jump by 45% next year

Virginia gas tax likely to jump by 45% next year

The gas tax in Virginia will likely see a 45 percent increase by January 1, part of the broad transportation bill the Commonwealth passed last year. The hike would increase the wholesale price of gas by 1.6 cents per dollar and the retail price by about 5 cents, reports the Virginian-Pilot.

The 2013 bill would increase the tax to make up for lost revenue if Congress fails to pass a bill to let states collect on taxes they are owed for online purchases. Such a bill has passed the Senate but is stuck in the House Judiciary Committee, where Chairman Bob Goodlatte (R-Va.) has said he has no intention of bringing up the bill. He said in a statement that Virginia should not have passed a transportation bill that depended on Congress to pass –fundamentally flawed legislation.”

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