Term Papers on Gas Taxation: The Necessary Evil from Term Papers Lab.
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Everyone notices it. They struggle with it, fight to survive through it, and when push comes to shove, they end up paying it anyways. It is gas taxation. Taxes on gas hit wallets hard and drain bank accounts. The federal gas tax was a mere penny per gallon and first came into effect in 1932 as a temporary charge. Nine years later, the gas tax became permanent through the Revenue Act of 1941 in order to help fund the war effort and increased by half a cent per gallon. In 1959, President Eisenhower raised the tax to four pennies per gallon to fund his creation of the interstate highway system. As of 2005, the federal gas tax alone is 18.4 cents on the gallon. Unfortunately, gas taxes are a necessary evil and not only hit Americans at a Federal level, but at local and state levels as well. (Alter, 2008).
Oregon led the states in taxing gasoline when they became the first state to do so in 1919. Every state followed suit throughout the years, and now the states are responsible for an......
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Title: Gas Taxation: The Necessary Evil
Approximate Word Count: 1005
Approximate Pages: 5 (250 words per double-spaced page)
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