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05-06-2008, 09:34 PM #1
Nevada law would raise state gas tax if federal tax is cut
Nevada law would raise state gas tax if federal tax is cut
LAS VEGAS (AP) β Motorists in Nevada might not see a savings at the pump if Congress approves a gasoline tax holiday touted by two presidential candidates, a state official said.
Nevada has a law to increase fuel taxes to offset any drop in the federal tax, to ensure funding for construction projects and bond funding, said Kent Cooper, Nevada Department of Transportation assistant director of planning.
βIt was put in place as protection, should the federal program go away,β"Distrust and caution are the parents of security."
Benjamin Franklin
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