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Courier services, taxis affected by rising fuel costs
Gas tax could hurt bottom line
0701transportationbiz4
Independent taxi drive Leroy Ervin, owner of Taxi Express, says any increase in the gasoline tax will hurt as it comes straight from his profit. A new gas tax is part of the transportation bill going into effect Wednesday.
Business owners like Leroy Ervin and Beba Knezevic watch gas prices pretty closely, and both are bracing themselves for the rising fuel costs projected to take effect Wednesday. As part of a new gas tax structure approved this year by the General Assembly, the measure is projected to raise an additional $830 million to $850 million for improvement of roads and bridges. But, it’s going to hurt the wallets of many.