Forum Discussion
valhalla360
May 02, 2022Navigator
JRscooby wrote:
Taxes historically 25% the cost of gas? I thing the average of states it comes out to under $0.30 per gallon. (Somewhat higher for diesel) That means a pump price of $1.20.
While sometime soon the % of electric vehicles will harm highway funding it will be a long time before it catches up with the change over the last few decades. There was a time when a car averaging 20 MPG was thought cheap to drive. Now must get near 50 to reach that label
Now add in the $0.184 federal gas tax...I was rounding to figure around $0.50 gal, so about $2/gal which up until the last year or so has been fairly typical. The exact percentage will vary as most are per gal, not per dollar taxes.
The problem is 40-50mpg cars are also common place so highway funding is already struggling. Currently, it's the high MPG gas cars but EVs paying nothing are justifiably viewed as not paying their fair share and there are moves to correct it.
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