Ridiculously low fuel taxes.

Discussion in 'Economy' started by Euro, Jul 14, 2012.

  1. Euro
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    Euro Senior Member

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    Why not increase the fuel taxes to pay for infrastructure and to improve state finances. The gasoline prices in USA are ridicoulously low. In UK and Germany they pay more in taxes pr. gallon than a gallon of gas in USA included fuel taxes.

    All this talk about taxing the rich, why not put a 3$/gallon tax on gasoline instead? Is it really a need to have such low taxes on gasoline when USA is a net-importer of oil?

    Increase the federal gasoline tax by $1 per gallon: The current federal gas tax is 18.4 cents per gallon, but the commission proposes to increase the federal gas tax, gradually and beginning in 2013, so that in 2020, it would be $1.18 cents per gallon. This would not only generate significant revenue but also reduce consumption of gas, reduce carbon emissions, and provide an incentive to automakers to increase the fuel efficiency of their vehicles. Projected revenue in 2020: $130 billion

    By just increasing the fuel tax by 1$ the federal budget can have a revenue 130$ billon by 2020.
     
    Last edited: Jul 14, 2012
  2. Euro
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    Euro Senior Member

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  3. Moonglow
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    Moonglow Diamond Member

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    Hot dog! I can drive my horse, ofcourse.
     
  4. Indofred
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    Indofred Guest

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    We pay about 50 c/L in Indonesia.
    About $1 for the better quality but non subsidised.

    How does that compare?
     
  5. Ernie S.
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    Ernie S. Platinum Member

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    Why don't you are your socialist Scandinavian neighbors raise YOUR gasoline taxes 20 Krona or so and send us the money?

    Until then,:finger3:
     
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  6. Ernie S.
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    Ernie S. Platinum Member

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    $1/liter is about what we pay for what we call "Premium", but $0.50/liter is cheap. we pay 80 to 85 cents per liter for what we call "Regular"
     
  7. Wry Catcher
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    Wry Catcher Platinum Member

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    Ross Perot suggested .50 cents a gallon tax in 1992. Americans are penny wise and pound foolish.
     
  8. Katzndogz
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    Katzndogz Diamond Member

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    It would be an excellent act for democrats to slap a $3.00 a gallon on gasoline.
     
  9. Ernie S.
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    Ernie S. Platinum Member

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    Federal and state taxes now, average 49 cents/gallon, from a high of 68 cents/gallon in California and New York, to a low of 26 cents/gallon in Alaska.
    These numbers include the federal excise tax of 18.4 cents

    Fuel taxes in the United States - Wikipedia, the free encyclopedia.
     
  10. Trajan
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    Trajan conscientia mille testes

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    no.1-becasue fuel axes are regressive , no.2- the politicos don't have the balls to raise it except incrementally, so no.3- they help ruin the auto industry by increasing Cafe standards.....
     

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