Not A Joke Top Off With Gasoline or Diesel

MEXICOWANDERER wrote:
Money saved does not disappear -- unless the holder disappears it. It helps to maintain a level head when dissecting finances. Such as state tax. A dollar per gallon increase in CA. adds a minimum of 8% additional tax.

Don't mean to spoil an electric car enthusiasts day, but too many folks on this board ridiculed my caution regarding supplemental taxation on electric cars for me to, as they say. "Shine It On"


"Taxing your electric car to pay for highway repairs is gaining momentum
As more and more electric cars hit the roads, Congress is eyeing ways to have vehicle owners pay for using the nation’s highways and bridges." https://www.sacbee.com/#storylink=cpy

The honeymoon is over

No, I didn't gloat when I read this. I shook my head. The infrastructure tax is what is going to wallop everyone. Tens of millions of tons of steel and aluminum. How much extra CO2 needs to be amortized?

Federal excise taxes and most state taxes are a dollar amount per gallon. The price of a gallon doesn't effect the tax amount at all. Federal taxes per mile driven have been shrinking for decades due to increased fuel economy of the entire US fleet of vehicles. That fact, combined with electric vehicles is the impetus for starting a discussion on changing how road taxes are collected. That being said, cost of fuel is way down on the things I worry about for two reasons. One, it isn't a significant part of my spending. And two, there isn't anything I can do about it.