Milford News | 1932-03-03 | Page 4 | One-Third for Taxes

ONE-THIRD FOR TAXES In a decade the price of gasoline has been cut in half, disregarding disre-garding the tax. But rising tax rates have taken much of the benefit of this away from the motorist. In 1920 the average price of gasoline was almost 30 cents per gallon, and state taxes averaged .09 of a cent. At the beginning begin-ning of 1932 the price averaged, only 13 cents but the tax rate averaged 4 cents, making the total cost to the motorists 17 cents a gallon, of which over 30 per cent went to the state. The present "high price of gasoline," therefore, must be blamed, not on the oil industry, which has made consistent progress pro-gress in improving motor fuel and in lowering its cost, but on exorbitant ex-orbitant gas taxes ( ! n