Tag Archives: American Petroleum Institute

ILN Today Post

South Carolina: Support for a gas tax increase the rise

According to the American Petroleum Institute, the national average gas tax as of its January 1, 2017 quarterly update is 49.44 cents per gallon. This consists of the following:
  • State excise taxes: 21.3 cents
  • Other state taxes: 10.01 cents
  • Federal excise taxes: 18.40 cents
South Carolina’s gas tax is less than that, at 35.15 cents per gallon, because the Palmetto State’s portion is so much lower than the national average:
  • State excise taxes: 16.00 cents
  • Other state taxes: 0.75 cents
  • Federal excise taxes: 18.40 cents

Read More

Read full article