The gas tax in Virginia today is 33.8 cents per gallon and the diesel tax is 34.7 cents per gallon. The fresh proposal from Governor Glenn Youngkin (R) for a 90-day suspension of those taxes does not eliminate Virginia’s full fuel tax bite. The oft-ignored wholesale tax will remain while only the retail tax goes away.
Bacon’s Rebellion has plowed this ground before. The Division of Motor Vehicles’ posted information on taxes remains intentionally misleading, listing the retail taxes in one place and mentioning the wholesale taxes somewhere else. These taxes are also set up by different sections of the Code of Virginia. Youngkin’s proposal would amend only one of those Code sections. Continue reading