Marketpips
ADVERTISEMENT
  • Home
  • Banking
  • Investing
  • Insurance
  • Retirement
  • Taxes
Marketpips
No Result
View All Result
Georgia Gov. Extends Gas Tax Suspension

Georgia Governor Extends Suspension of Gas Tax

admin by admin
February 6, 2023
in Taxes
0 0
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
ADVERTISEMENT
Georgia Governor Brian Kemp (right) has officially extended the suspension of the state’s gas tax through mid-December.

Jacksonville, Florida news station News 4 Jax confirmed the extension, noting:

Kemp signed the orders that extended the temporary suspension of the state motor fuel tax and extended the supply chain state of emergency.

Kemp previously signed a law in March that passed with broad bipartisan support, suspending the state gas tax until May 31. Kemp signed additional extensions in May, July, August, September and October.

Under Georgia state law, Kemp can continue to suspend gas taxes indefinitely, as long as state lawmakers ratify his actions during their next session.

When the gas tax is in effect, Peach State residents pay a federal tax of 18.4 cents per gallon and a state tax of 29.1 cents per gallon. Certain counties also collect their own fuel taxes.

Diesel taxes are slightly higher, with the federal rate set at 24.4 cents per gallon, and the Georgia tax registering 32.6 cents per gallon.

In a press release about the ongoing gas tax waiver, Kemp called out President Biden’s administration, saying:

“As another holiday season approaches and a looming diesel shortage, Georgians still face record inflation, rising costs at the grocery store just before Thanksgiving and high prices at the pump as they prepare to travel. to see family, all because of a complete failure of leadership in Washington.”

Incumbent Kemp is currently running against Stacey Abrams, and the duo have been engaged in a heated back-and-forth over tax cuts and job creation across Georgia.

Kemp also made headlines in August when he was called to testify in the 2020 Trump voter fraud investigation.

What do you think about Governor Kemp continually extending Georgia’s gas tax suspension?

You can also enjoy:
– Biden threatens windfall tax, accuses Big Oil of “war profiteering”
– Florida Gas Tax Suspension Ends, Fuel Prices Expected to Soar
– Shell profits double in Q3, Gov. Newsom calls for more taxes

Tags: extendsGasGeorgiaGovernorsuspensionTax
ADVERTISEMENT

Related Posts

TaxProf Blog
Taxes

TaxProf Blog

March 29, 2023
National Debt, Deficit, Social Security, Medicare
Taxes

National Debt, Deficit, Social Security, Medicare

March 29, 2023
IRS provides tax relief for Mississippi storm victims
Taxes

IRS provides tax relief for Mississippi storm victims

March 29, 2023
Upload files quickly with a secure link
Taxes

Upload files quickly with a secure link

March 29, 2023
TaxProf Blog
Taxes

TaxProf Blog

March 29, 2023
Protect Your Stock Options and RSUs in the Event of a Job Loss: 3 Key Actions
Taxes

Protect Your Stock Options and RSUs in the Event of a Job Loss: 3 Key Actions

March 29, 2023
Next Post
Mr. Money Mustache on Life After FI: The Truth About Retiring Early in Your 30s

The Truth About Retiring Early in Your 30s

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • ABA seeks clarity in the implementation of corporate alternative minimum tax March 30, 2023
  • Top 10 Cheapest Monthly Dividend Stocks Now March 30, 2023
  • The FDIC faces $23 billion in costs from bank failures. He wants the big banks to pay March 30, 2023
  • Reverse your tax return? Check Out This ETF Yielding 11.8% – TipRanks Financial Blog March 30, 2023
  • RBI notifies special clearing for government transactions on March 31 March 29, 2023

Categories

  • Banking (1,116)
  • Insurance (627)
  • Investing (1,178)
  • Retirement (321)
  • Taxes (1,021)
ADVERTISEMENT
Marketpips

Follow us on social media

Categories

  • Banking
  • Insurance
  • Investing
  • Retirement
  • Taxes

Recent News

  • ABA seeks clarity in the implementation of corporate alternative minimum tax
  • Top 10 Cheapest Monthly Dividend Stocks Now
  • The FDIC faces $23 billion in costs from bank failures. He wants the big banks to pay
  • Home
  • Contact
  • About us
  • Privacy Policy

© 2023 Marketpips.com. All Copyright Reserved

No Result
View All Result
  • Home
  • Banking
  • Investing
  • Insurance
  • Retirement
  • Taxes

© 2023 Marketpips.com. All Copyright Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In