When and why did we start taxing gas?



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    The U.S. implemented an Excise Tax on Gasolin in 1932 as a way to reduce the deficient. The Revenue Act of 1932 imposed a tax a federal tax on “gasoline sold by a producer or importer at the rate of one cent per gallon.” The government brought in 125 million dollars the first year from the gasoline tax. The one cent rate was increased during WWII.

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