North Carolina weighs changes on how to tax your driving

North Carolina weighs changes on how to tax your driving
(Charlotte Business Journal)

CHARLOTTE — The gas tax — one of the oldest taxes levied to North Carolinians — is unsustainable.

That has long been the take of experts who, for years, have been watching the impact of rising travel trends such as electric vehicles, on the tax. The tax, at about 36.1 cents per gallon, is a major funding source for the North Carolina Department of Transportation.

But could a mileage-based tax be the answer?

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Maybe.

That’s according to a presentation at Friday’s North Carolina First Commission meeting, which called taxing by mileage instead of fuel consumed a “revenue neutral” option.

Lawmakers look at changes in gas tax