Gas Tax Increase Could Soon Be Reality
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ANNAPOLIS, Md. (WJZ) — We may be just days away from a statewide gas tax increase becoming a reality. The controversial transportation bill passed out of committee and it’s expected to sail through the Senate.
Meghan McCorkell explains how it could affect drivers and businesses alike.
The plan could have drivers paying nearly four cents more by this summer.
“Just brace for it, because there’s nothing we can do at all,” said Kevin Yoo.
Gas station owner Kevin Yoo says if the gas tax goes up, his business will take a hit and drivers will see prices like never before.
“The boards are going to be really high. They’re probably going to be like, I’ve been hearing all sorts of stuff, so maybe like in the mid $4 range. And that’s not going to be good,” Yoo said.
Analysts say if the tax increase passes Marylanders could pay 13-20 cents more a gallon by 2016.
“It’s like the cost of living is going up and our paychecks are getting smaller,” a driver said.