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It has increased 10 times since President Herbert Hoover authorized the creation of such a tax to balance the budgetDrivers now pay 184 cents a gallon in the federal gas tax. 1 2 The federal tax was last raised October 1 1993 and is not indexed to inflation which increased by a total of 77 percent from 1993 until 2020. An Unhappy Anniversary Federal Gas Tax Reaches 25 Years Of Stagnation Itep Every state adds its own tax to every gallon sold in the state too. Federal fuel tax . 52 rows The current federal motor fuel tax rates are. Use Form 4136 to claim a credit for certain nontaxable uses of fuel the alternative fuel credit and a credit for blending a diesel-water fuel emulsion. For information on fuel credits against income tax see the instructions for Form 4136 Credit for Federal Tax Paid on Fuels Form 6478 Biofuel Producer Credit and Form 8864 Biodiesel and Renewable Diesel Fuels Credit. In general the Internal Revenue Code imposes a federal fuel tax at the retail leve...