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State Taxes. The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [1] [2] Proceeds from the tax partly support the Highway Trust Fund. The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023.
A vehicle miles traveled tax, also frequently referred to as a VMT tax, VMT fee, mileage-based fee, or road user charge, is a policy of charging motorists based on how many miles they have traveled. It has been proposed in various states in the United States including Illinois who are currently following through with implementing this tax, and ...
North Carolina. I‑485 (Express Lanes)—along the Governor James G. Martin Freeway section of I-485, between US 74 (exit 51) and I-77/US 21 (exit 67), in Mecklenburg County. Construction on the HOT lanes is expected to begin in 2019. [needs update]
Total property taxes on single-family homes rose 6.9 percent in the U.S. in 2023, according to a recent analysis by ATTOM Data Solutions. This is nearly double the 2022 increase of 3.6 percent and ...
New rules from the Treasury Department will make it harder for vehicles to qualify for the full federal electric vehicle tax credit of $7,500 if key components are sourced from China. But the ...
These 12 states may still charge property taxes on specialized vehicles like construction or farm equipment, and many charge sales or title taxes when a vehicle is transferred to a new owner.
It borders North Carolina to the north, the Atlantic Ocean to the southeast, and Georgia to the southwest across the Savannah River. Along with North Carolina, it makes up the Carolinas region of the East Coast. South Carolina is the 40th-largest and 23rd-most populous U.S. state with a recorded population of 5,118,425 according to the 2020 census.
Here is the amount of coverage that the state requires: $30,000 in bodily injury liability coverage per person. $60,000 in bodily injury liability coverage per accident. $25,000 in property damage ...