No State Relief at the Pump
Although the late Governor Frank O’Bannon suspended the state’s sales tax on gasoline back in 2000 to provide Hoosiers with temporary relief from high gas prices, current Governor Mitch Daniels says he doesn’t plan to do the same.
With gas prices hitting $3 per gallon in some places, many residents are feeling the pain at the pump.
Daniels told reporters this afternoon that suspending the sales tax on gasoline would hurt Indiana’s efforts to emerge from bankruptcy and balance its budget. He also says any relief would not be meaningful.
Current Indiana collects 16 cents on the price of every gallon of gasoline sold as well slightly more than 6 percent on the sale as well.
