Category Archives: gasoline

One More Thing On The Illinois Gas Tax Increase

Posted on July 1, 2019 by royfmc

The state’s new motor fuel tax of 38 cents a gallon will be tied to the Consumer Price Index effective July 2020. That means every March, the Illinois Department of Revenue will use federal inflation data from the previous 12 … Continue reading →

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Inflated Costs Boost Costs to End Users as Trucking Companies are Hit Hard by Increased Taxes in Illinois

Posted on June 15, 2019 by royfmc

Drivers aren’t the only ones frustrated with the increase in the Illinois gas tax, trucking companies also fear this tax increase could cost them thousands. Illinois lawmakers voted to increase the fuel tax, to pay for the $45 billion capital plan.That … Continue reading →

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Illinois Gasoline Tax May Be 43.5 Cents Per Gallon In 2025….Think About That…..

Posted on June 14, 2019 by royfmc

Illinoisans will see the state gas tax double starting July 1. But that’s not all: the tax will be tied to inflation, meaning it will automatically rise in future years so lawmakers are shielded from motorists’ ire. Based on current … Continue reading →

Posted in #madigoon, #taxation, Chicago, Elections, Finance, gasoline, Illinois, Illinois Pensions, illinois politics, Illinois Tollroad, Taxation | Tagged #city politics, advocacy, budget, Chicago, commercials, cook county, gasoline tax, Illinois, income tax, politics, Pritzker, Rauner, Rosemont, Roy F. McCampbell | Leave a comment