If one Connecticut senator has his way, you could be paying less tax at the gas pump soon.
State Sen. Len Suzio has reinvigorated his campaign to implement a cap on the gross receipts tax for gasoline, most recently during a visit to a Cheshire gas station on Monday.
The gross receipts tax on the wholesale price of gas is 7.53 percent, and that's on top of the 25 cent state tax on gas and 18 cents levied by Washington, according to CT News Junkie.
The problem with the gross receipts tax, Suzio says, is that the higher the price of gasoline the more state residents are paying in taxes. In fact, CT News Junkie reports, Suzio asserts that the state will be taking in 41 percent more than expected in the first six months of this year, due to that tax.
"You are paying 53 cents per gallon in state taxes on every gallon of gasoline you pump," the Republican senator writes on his website. "It’s time to put a limit on this nonsense!"
Here's his plan: "I will introduce a cap on the second hidden gas tax so that when gas prices rise above a gallon, this tax will not continue to increase. This should save as much as 10 cents per gallon immediately and could save even more if gas prices continue to increase."
Suzio, who represents the 13th District, is circulating a petition to have the issue debated on the House floor in the current legislative session, and is encouraging residents to sign that petition on his website.
