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Illinois Fuel and Retail Association CEO, Josh Sharp, is today
issuing the following statement on Governor Pritzker’s proposal
to temporarily freeze the Consumer Price Index gas tax increase
scheduled for July 1, 2022, which would take Illinois’s gas tax
from 39.2 cents per gallon to 41.4 cents per gallon, a 6.9
percent increase.
“Illinois already has the second highest gasoline taxes in the
country and Governor Pritzker’s proposal today does nothing to
change that. The Governor is correct that something needs to be
done to address Illinois sky-high gas taxes, but more permanent
solutions are needed.
Eliminating the automatic gas tax increase altogether would be
one suggestion, as would reducing or removing Illinois’ sales
tax on motor fuel. Illinois’ sales tax on motor fuel alone is
expected to cost drivers’ almost $700 million in FY 2022 and
that is in addition to the $2.3 billion in taxes collected from
the state’s motor fuel tax. Illinois is one of only seven states
that allows compounding sales taxes – from both state and local
governments – to be added on top of the state’s motor fuel tax.
We agree with the Governor on the need for tax relief at the
pump, but more is needed than the temporary fix being offered.”
[Illinois Newswire]
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