Federal Gas Tax: How It Works and Why Reforms Are Needed
“`html Understanding the Federal Gas Tax: How It Works and Why It Matters The federal gas tax is a cornerstone of U.S. transportation funding, yet it often flies under the radar for most drivers. Enacted in 1956, this 18.4-cent-per-gallon tax on gasoline (24.4 cents for diesel) directly funds the Highway Trust Fund, which maintains and…