Showing posts with label gas tax cap. Show all posts
Showing posts with label gas tax cap. Show all posts

Tuesday, January 10, 2012

Local State Senator Suzio Proposes Gas Tax Cap

Senator Suzio (R) represents the 13th District which includes part of Middletown

Article as it appeared on the website of WFSB3 on Jan 10, 2012 5:33 PM

Channel 3 (WFSB) – Like many drivers, State Sen. Leonard Suzio of Meriden is fed up paying the highest gas taxes in the country and the state.

“There’s no limit to it and as a consequence, as gas prices have gone up, Connecticut has been collecting a windfall,” Suzio said.

Suzio is introducing a proposal to cap the gross receipts tax on gas whenever prices hit $3 a gallon.
Right now, Connecticut is averaging $3.58. Residents can thank the state excise tax for 25 cents of that price, but gross receipts also makes up another quarter.

So if Suzio’s bill were to pass, he said the price at the pump today would drop by a nickel.
“It needs to be regulated. They need to start thinking about us as the people who are driving everyday, back and forth,” said resident Nick Bisaccia.

Any savings is a welcome sight for drivers, but the state said gross receipts is what keeps the roads toll free.

In 2010, the tax raked in $340 million and covered the cost of various road projects.
Suzio will be introducing the bill in February.

http://www.wfsb.com/story/16490364/state-lawmaker-wants-to-cap-gas-prices

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Earlier in the week fishmuscle reported Rep. Matt Lesser (D) representing the 100th District of the Legislature is considering a challenge Suzio for a State Senate seat for the 13th District.Read here: http://middletowneyenews.blogspot.com/2012/01/record-journal-lesser-considering.html