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Evers targets gas taxes in state budget

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Gas taxes in Wisconsin would increase but the cost to fill up may actually drop under Gov. Tony Evers’ budget.

To mitigate a proposed 8-cents-per gallon gas tax increase, Evers is calling for repealing the state’s minimum markup law. That law prohibits the sale of gas below what it costs a retailer to purchase, resulting in a roughly 9 percent markup at the pump.

Evers estimate that doing away with that would shave 14 cents off the cost of gas, resulting in a net decrease in per-gallon cost.

His transportation plan released Thursday increases vehicle title fees and heavy truck registration fees, but does not increase the $75 registration fee paid by most vehicle owners.

Borrowing for roads would be the lowest level in 20 years, while $320 million in new money would go toward highway repair and expansion.