gasoline tax
-
We've written before about the growing shortfall in gasoline tax revenues versus the highway and bridge repairs those taxes are supposed to fund. The Federal Highway Trust Fund now has an estimated backlog of $400 billion in repairs between now and 2015 just to bring the complete national highway system to a state of good repair. And the number gets worse every year, as tougher fuel economy standards--34.1 mpg by 2016 and no less than 54.5 mpg by 2025--will further reduce gas tax revenues across the board. State taxes troubled too Now the Institute on Taxation and Economic Policy has issued a...
-
Fuel Efficiency Hurts: Gas Tax Revenue Plummets, Roads CrumbleCars with higher gas mileage pay less per mile in gasoline tax. And plug-in cars pay no gas tax at all. With far tougher fuel economy standards looming--34.1 mpg by 2016 and no less than 54.5 mpg by 2025, assuming final rules are issued by the NHTSA and EPA--the problem is only getting worse. $400...
John Voelcker -
Gas Prices: How Much Are YOU Paying At The Pump In Taxes? (Infographic)
Gas prices go up and down, lately more up than down. Today, however, the U.S. government has decided to release a portion of its strategic petroleum reserve, just as crude-oil prices continued a decline that started several weeks ago. Gas prices vary enormously from state to state, due to...
John Voelcker -
Gas Taxes Should Go Up To Boost Green-Car Sales, Says GM CEO Akerson
The CEO of General Motors, Dan Akerson, told a Detroit newspaper that the Federal tax on gasoline should be raised by 50 cents or $1 a gallon to encourage consumers to buy more fuel efficient vehicles.. In an interview last week with the Detroit News, Akerson said a higher gas tax should be part of...
John Voelcker -
U.S. Drivers: Shut Up, Stop Whining, You Don't Pay $8/Gallon
Turmoil in Libya is making global oil markets nervous. That means higher gasoline prices. Cue the creeping unease and outright fear that Our American Way Of Life May Be In Peril. Well, it's Monday morning, and we have a brisk message for our U.S. readers: Shut up and stop whining. So gas is over $3...
John Voelcker -
Netherlands To Tax Miles Traveled, As Well As Gasoline
One problem with raising fuel efficiency is that unless total miles driven rises radically, receipts from gasoline taxes will fall over time. And that poses a major problem for the steady stream of revenue needed for road construction and repairs. Taxing vehicle miles traveled has been one proposed...
John Voelcker -
You know that old saying about the pioneers being the ones with the arrows in their backs? Tell that to California drivers, who pay the highest prices for gasoline in the nation outside of Hawaii (which has to ship all its gasoline to the islands in tankers). The problem has grown particularly bad in the last few weeks due to a combination of bad luck, seasonal changeover, and refinery maintenance. 30 cents more a gallon In general, Californians pay 25 to 30 cents more per gallon than the U.S. national average, which is currently about $2.50. Much of that difference comes from higher state...
-
Should Higher Gas Mileage Come With Higher Gas Taxes Too?
We do a mix of articles here at GreenCarReports, writing both about cars--green, and occasionally not so green--and some of the broader automotive issues that affect our environment. We were struck by an article last week from The Hill, which covers DC politics as obsessively as we cover...
John Voelcker
