The Highs and Lows of Gasoline Tax

The Highs and Lows of Gasoline Tax

It’s likely that you never think about the gas tax when you fill your tank. That’s because it is included in the cost of each gallon, rather than being added on at the end of the sale like sales tax, or collected at tax time like income taxes. Even if you never think of gas tax, it is likely that you benefit from its collection: state excise tax on gasoline funds highway and mass transit projects in most states. Full story

Tanning Tax: Summer Bummer?

Tanning Tax: Summer Bummer?

Aaaah summer’s in the air. Time to get that sun-kissed skin. ​ Well not so fast. Did you know you will pay an additional 10% federal excise tax if you go to a tanning salon to get that extra glow (guess that’s why Snooki said she tans naturally now)? Michael Rubin gives us the 411 on the Tanning Tax. Full story