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60s Rammie

Joined: 09/02/2014 Posts: 13700
Likes: 7646

What's this?

So here are the current tax rates for transportation fuels:


Gasoline tax: $0.184/gallon
Diesel tax: $0.244/gallon
Aviation fuel tax: $0.194/gallon
Jet fuel tax: $0.219/gallon

For gasoline the tax accounts for 3.7%+ of the total cost of a gallon based on a pump cost of 5.00/gallon. Seems to me that means getting rid of the national gas tax doesn't bring the cost down much at all. Maybe it's more for the more expensive fuels and higher tax fuels like diesel and jet fuel but only marginally. To me it's not a good idea.

(In response to this post by le alpe d huez)

Posted: 06/22/2022 at 5:24PM


+1

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Current Thread:
 
  So Biden is pushing a mistake today with his gas tax proposal. Most agree -- le alpe d huez 06/22/2022 1:18PM
  So here are the current tax rates for transportation fuels: -- 60s Rammie 06/22/2022 5:24PM
  Regardless of whether the tax cut is passed on, it's a terrible idea. ** -- DurwardRam 06/22/2022 4:48PM
  20 gallons per week x .184 = $3.68 x 12 weeks = $44.16 Whheeee! ** -- jcl508 06/22/2022 3:36PM
  Fleeced! They're fighting a long term losing game and getting what they can -- Phi Slamma Ramma 06/22/2022 2:47PM
  Correct. Plus it is inflationary and will increase the deficit... -- Newport 06/22/2022 2:39PM
  Yeah. It’s just dumb. Sounds like a recent GOP ploy. Keep spending w/out -- Ramfucious 06/22/2022 2:17PM
  Addressing a supply issue by artificially increasing demand. -- CObserver 06/22/2022 2:12PM
  That's a surprise after his long string of successes... ** -- Dall Ram 06/22/2022 1:39PM
  LOL. ** -- TD Elvis 06/22/2022 3:34PM
  That's funny ** -- ram-o-litous 06/22/2022 2:26PM
  Ineptitude. ** -- bwanncsu 06/22/2022 1:33PM
  Populist pandering. ** -- TD Elvis 06/22/2022 3:40PM
  Can't disagree with that either.... ** -- bwanncsu 06/22/2022 3:50PM
  Not to mention it will be financed by debt and deficit. Very stupid. ** -- TD Elvis 06/22/2022 1:23PM

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