Seeing the falling fuel prices as an opportunity, legislators and governors in several states are eyeing their state gas taxes as ripe for an increase.
As the theory goes, it’s better to raise the gas tax when prices at the pump are low, even if it’s just a temporary blip, so consumers won’t notice what has been done to them.
Republican governors in Michigan, Georgia, New Jersey, Utah and South Carolina are all pondering hikes in their states’ gas tax, while Democrat governors in Delaware, Vermont and Kentucky are also considering increases.