Bauer: Suspend Indiana Gas Taxes This Summer

by Rick Howlett on April 26, 2011

From the Associated Press:

The leader of Indiana House Democrats wants the state to suspend taxes on gasoline during the summer in a move he says would save consumers about 40 cents per gallon.

Representative Patrick Bauer says Republicans who control the statehouse are trying to help the wealthy by cutting the corporate income tax. Bauer says this is a chance for the GOP to help the working class by suspending the gas tax and the gas sales tax for June, July and August.

He says the move could cost the state $200 million and wants to take that money from the state’s projected reserves of $1 billion.

Republican House Speaker Brian Bosma says the idea is a “long shot” and that the budget should include at least $1 billion reserves.

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