Tag:

Economic Crisis

Maryland Motorists To See Prices At The Pump Rise When Tax Hike Takes Effect Maryland Motorists To See Prices At The Pump Rise When Tax Hike Takes Effect
Maryland Motorists To See Prices At The Pump Rise When Tax Hike Takes Effect There will be no relief at the pump for Maryland motorists as top lawmakers shot down proposals for a second gas tax holiday. With gas prices reaching record highs across the nation in recent weeks, Maryland is still planning to enact its annual gas tax on Friday, July 1, causing more consternation for drivers already feeling the financial hit in their wallets. The scheduled increase will raise the gasoline tax from approximately 36 cents per gallon to nearly 43 cents per gallon, an 18 percent increase. When the tax takes effect, motorists can expect to see rises in prices of at least sev…