Omaha gas down 10 more cents in 5 days $2.69

[Jesus Malverde]

1. Interesting...

Nebraska, unlike any other state, ties one small part of its gas tax to the state’s transportation spending. (The other two parts of the tax are a flat 10.3 cents-per-gallon excise tax and one tied to gas prices.) While making an explicit connection between the tax and what it’s supposed to pay for is a big step toward ensuring adequate revenues, Auxier notes that Nebraska’s doesn’t go far enough. “The third component is small (currently 1.9 cents per gallon), and the legislature is careful not to approve transportation spending that could trigger a large rate increase,” Auxier wrote. “As a result, Nebraska’s 27.3 cents per-gallon tax rate is only 2.7 cents higher than it was in 1993.”

http://usa.streetsblog.org/2014/11/13/lesson-from-the-states-index-your-gas-tax-to-something-anything/