Early returns in Missouri indicate that voters have rejected a proposal that would have raised the state's motor fuel taxes by 4 cents, the Springfield News-Leader reported Aug. 8. The current tax for both diesel fuel and gasoline is 17 cents a gallon, so the tax hike –had it passed – would have resulted in a 21-cent-per-gallon tax for truckers, as well as all other motor fuel buyers in the state. By the time 60 percent of the vote had been counted, 74 percent were voting against Proposition B, the plan to raise nearly $500 million in taxes for roads and bridge projects.

Originally posted on Fleet Financials

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