Re: Gettin screwed on gas taxes

Posted by MarkB_MI on April 23, 2006 at 04:53:37 from (64.31.11.150):

In Reply to: Gettin screwed on gas taxes posted by NC Wayne on April 22, 2006 at 22:09:12:

The nine-tenths of a cent on gasoline prices has nothing to do with taxes. Many years ago, gas stations started advertising their prices as "xx.9 cents per gallon". (26.9 cents sounds cheaper than 27 cents.) The practice stuck, it's been around for at least 50 years. I imagine the idea that the nine-tenths is for taxes arose when customers asked "why the point nine?"; it was easier for the attendant to say "it's for taxes" than to give the real reason, which the attendant didn't understand himself.

You pay federal and state taxes on every gallon of gas you buy. The taxes are almost always rounded to full cents; I've never seen a state or local tax that was "xx.9".

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