Gas Excise Tax Doesn't Mean Big Dollars For Hoosiers

Last updated on Thursday, May 15, 2008

(INDIANAPOLIS) - Soaring prices at the pump don’t necessarily lead to big bucks in taxes to the state of Indiana.

The state's gas excise tax is a fixed 18 cents on every gallon of gas. Even as prices go up, the tax remains the same.

So far this fiscal year, gas consumption is down about 3%, costing the state about $12 million dollars.

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