- Published: March 04, 2013
- Written by Catherine Colan Muth, CEO
Virginia has passed legislation that reduces gas tax and raises the sales tax from $.05 to $.053 to fund highways. As gas consumption decreases with more fuel efficient cars, this state has found another way to fund their $800 million / year program for the immediate future. The sales tax also funds schools and other public services that may be reduced to accommodate the plan.