Oklahoma Voters Say ‘No Thanks’ to Gas Tax Increase
September 15, 2005
Oklahoma voters overwhelmingly voted against two gas tax increases at the polls on September 13. The measure, which would have raised the diesel fuel tax by 8 cents and the gasoline tax by 5 cents, was rejected by more than 80 percent of Oklahoma voters.
As our own Jonathan Williams pointed out recently, federal, state and local gas taxes account for nearly 50 cents, on average, of the cost of each gallon purchased at the pump. Given the taxes already paid and the high cost of fuel, it’s no surprise that this tax increase was rejected by such a large margin.