The North Carolina House of Representatives is currently moving to eliminate the reduction on the North Carolina gas tax. The North Carolina Legislature is also allowing the cap on the gas tax to expire. What does this mean?
This means citizens will likely see increases in the tax on gas in the future. This means a seven cents increase in taxes for every one dollar increase in the price of gas. This means the state is allowing the tax on gas to continue increasing with the price of fuel, and there will be no limits as to how high the tax can increase because the tax will increase with the increased price of gas. Small businesses and trucking firms also stand to be hurt.
We will see changes every six months but this can really hurt working poor citizens traveling distances to work. Fuel prices reflect a substantial amount of the earnings we include in our budgets.
What can you do? You can call your legislator this weekend because the North Carolina House will take the last vote on this legislation on Monday, May 8th. Call your legislator and ask your legislator to oppose Senate Bill 200. Secondly, ask your legislator to oppose the cap on the reduction of the gas tax therefore supporting the continued reduction on the gas tax (SUPPORT THE CONTINUED REDUCTION IN THE GAS TAX). Ask your legislator to extend the cap on any increases in the gas tax, therefore limiting the amount of tax increases on gas (CONTINUE SUPPORTING THE CAP ON THE GAS TAX. DO NOT ALLOW THE EXISTING CAP ON THE GAS TAX TO EXPIRE).
If you have questions, you may call: (919) 607-5900