Gasoline Taxes and Prices

Connecticut has the highest combined state taxes on gasoline and as a result has the highest gasoline prices. However, if you subtract the state and federal taxes from average state prices across this region - then Connecticut's gasoline prices are no higher than anywhere else in our region. Connecticut's ranking for having the highest prices are due only to Connecticut's highest taxes.


State
State Excise Tax
Other State Taxes
Federal Tax
Total Taxes Per Gallon
AAA Average Retail Price/Regular Gasoline - 1/17/2013
Retail Price Minus Government Taxes
NY
$0.0805
$0.3630
$0.1840
$0.6275
$3.73
$3.10
CT
$0.2500
$0.2094
$0.1840
$0.6434
$3.68
$3.04
RI
$0.2900
$0.0400
$0.1840
$0.5140
$3.54
$3.03
ME
$0.2950
$0.0150
$0.1840
$0.4940
$3.54
$3.05
MA
$0.2100
$0.0250
$0.1840
$0.4190
$3.47
$3.05
NH
$0.1700
$0.0260
$0.1840
$0.3800
$3.41
$3.03
VT
$0.2350
$0.0100
$0.1840
$0.4290
$3.56
$3.13
NJ
$0.1050
$0.0400
$0.1840
$0.3290
$3.33
$3.00

 

The Connecticut Gross Earnings Tax Rates

On or After But Before The Rate is Tax Rate Charged Is
7/1/2005
7/1/2006
5.8%
6.16%
7/1/2006
7/1/2007
6.3%
6.72%
7/1/2007
7/1/2008
7.0%
7.53%
7/1/2008
7/1/2013
7.5%
8.11%
7/1/2013
8.1%
8.81%

NOTES:
*CT adds a 7.53% Gross Receipts Tax to each wholesale gasoline sale. The .2094c listed under "Other State Taxes" refers to an estimated additional .2094c per gallon that this tax adds to each purchase. The CT GRT is added the wholesale cost of gasoline as the CT GRT is a tax on the wholesale cost.
**CT & NY use ethanol instead of MTBE as a oxygenate. As a result, blenders of gasoline with ethanol may apply for a 4.5c per gallon refund off the 18.4c per gallon federal excise tax.