By Evaristo Lara
With the aim of amortizing the increase in fuel prices as a result of the war waged by the United States against Iran, Mike Braun, governor of Indiana, announced the suspension of the state tax that applies to the sale of gasoline.
In a press conference, the 72-year-old Republican explained that said measure will only be valid for one month from its entry into force.
“They will have a 30-day holiday period from the time it is implemented. “The state will be monitoring gas stations to make sure Hoosiers get savings when or when they fill up each week,” he said.
It should be noted that Indiana’s gas tax comprises the standard gasoline tax and a gasoline excise tax.
Regarding the first, it remains at ¢36 cents per gallon until June 30 and is not modified with the order signed by the Republican governor; while the second is equivalent to 7% of the state average retail price of a gallon of gasoline.
In this regard, the Democrat Phil GiaQuinta, Minority Leader in the Indiana House of Representatives, He acknowledged being in favor of suspending the state gasoline tax, but He clarified that this problem is a consequence of the bad decisions made by Washington when entering the war.
“I want to be clear: House Democrats support this suspension, but Governor Braun and Republicans in the state legislature are only fixing a problem they helped create.
Hoosiers are tired of foreign wars without strategy or focus that cost American lives, drive up gas prices and increase the cost of living.
“This is not leadership, it is a last-minute maneuver to maintain the Indiana Republican Party’s charade of being the ‘fiscally responsible’ party,” he said in a statement.
According to the American Automobile Association (AAA), this Wednesday, the price of gasoline in Indiana exceeded $4.13 per gallon, that is, less than three cents below the national average. However, this price represents an increase of more than ¢67 cents compared to a month ago.
Keep reading:
• Oil and gasoline rise in price while stocks fall due to Trump’s ultimatum to Iran
• Gasoline price hike cost $8.4 billion extra in costs, according to Democrats
• $4 gas: how it will affect the United States
