
by Rich Tucker
Drivers in the commonwealth will pay more for gas beginning on Wednesday. This isnโt because of the recent legislative budget deal. It isnโt because of a war in the Middle East. It isnโt because of a pipeline shutdown. Itโs because lawmakers put tax policy on cruise control years ago, and prices just keep climbing.
It is a tenet of American governance that a previous legislature may not bind a future one. In simple terms, that means that todayโs lawmakers canโt make spending and taxation decisions for their successors. Thatโs why Virginiaโs budget lasts for two years, not 10 or 20, and even the second year is subject to change if circumstances change.
Todayโs General Assembly, however, is allowing a House elected in 2019, three governors ago, to bind its hands. In 2020, lawmakers tied fuel taxes to the consumer price index, so as overall prices increase, so does the gas tax. Lawmakers started from what today looks like a very low rate. On Jan. 1, 2020, the retail tax was 16 and two-tenths cents per gallon of gas.
That jumped to 21.2 cents in July 2020, when the next fiscal year started, and has been soaring along with inflation ever since. It reached 28 cents in 2023, 9.8 cents in 2024, and 30.8 cents in 2025 before the next jump this year.
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