Subscribe Today!
Networked Blogs
Apr
3
JLT Wants Gas Tax Cap & JLT-Schellinger Debate Is Set
Filed Under Election 2008, Indiana primary, Jill Long Thompson, Jim Schellinger
Jill Long Thompson’s proposal to cap gasoline taxes once gasoline prices hit a certain level is dominating the Hoosier media.
Niki Kelly of the Fort Wayne Journal Gazette writes about Jill Long Thompson’s gas tax cap proposal:
Jill Long Thompson would cap the amount of sales tax Hoosiers pay on gasoline purchases if elected governor, something that would save $100 million at current pump prices.
She unveiled her latest policy initiative Tuesday in her primary race against Democrat Jim Schellinger.
“We need something to help Hoosier families,” Thompson said. “Gasoline prices are continuing to go up at the pump. You may see a little bit of a reprieve for a period of time but generally that is followed by another increase that takes it to a new all-time high.”
According to the AAA daily fuel gauge report, the average price of unleaded gasoline in Indiana is currently $3.25 a gallon.
Under Thompson’s plan, she would place a trigger in state law that would automatically suspend the sales tax on the portion of sales price exceeding $2.75 a gallon.
The two Indiana Democratic gubernatorial — Jill Long Thompson and Jim Schellinger aspirants have also set a debate date — on tax day.
