Market forces will push North Carolina's record-high gas tax even higher in July -- unless political forces decide otherwise.
Democrats were in charge four years ago when drivers were unhappy about rising gas taxes, so they capped the tax for two years at 29.9 cents a gallon. That ceiling was converted to a legislative floor in 2009, and our inflation-adjusting tax has risen since then to an all-time high of 32.5 cents.
The General Assembly’s new Republican leaders seem likely to put a lid on it again.
“They have not specifically talked about this in caucus,” says Ray Martin, press secretary for Republican Sen. Phil Berger, the Senate president pro tem. “But it’s likely they’d want to look at capping any increase in the tax.” ... [MORE]