LTLFTcomposite
Well-known member
https://www.cnbc.com/2018/02/14/trump-reportedly-endorses-25-cent-hike-in-gas-tax.html
And you guys thought he was bad
Make EVs Great Again!
And you guys thought he was bad
Make EVs Great Again!
jjeff said:Of course in this scenario grandma will still end up paying for the roads as the cost of all goods and services that are transported via the roads will increase and that cost will be passed onto the end consumer(and thats fair) but all in all nondrivers (or low mileage drivers) D
LTLFTcomposite said:^ When you say "written off" you mean subtracted from profits, and since profits are reduced tax on those profits is reduced proportionally?
LCR said:Do any of you all work in any industry that requires movement of goods? :roll:
LTLFTcomposite said:One thing for sure, EV enthusiasts would do well not to talk about it. Just sit there and keep quiet.
EV tax credit goes away on its own. No need to start a political squabble to end it sooner.LeftieBiker said:Trump didn't do anything either way about the EV tax credit. He just ignored it.
DarthPuppy said:I would hope it wouldn't be that large of an increase on diesel. That is how goods move and would be rather inflationary. Perhaps 25c on gas and 10c increase on diesel would be a better adjustment.
The fact this hasn't been adjusted in 25 years is astonishing. It should gradually go up over time, not just to account for inflation, but to also proactively drive more efficiency. The gas taxes in Europe are a prime reason they have much smaller, more efficient cars there. This is a direction we need to move in. But it should be gradual as you don't really want to harshly penalize those who already have an inefficient car.
https://www.autoblog.com/2018/02/21/trump-mileage-tax-infrastructure/Trump signals he's open to mileage tax to pay for infrastructure fixes
Another idea: Raise the federal gas tax for first time in decades
WASHINGTON — The White House on Wednesday praised an experimental program in Oregon that charges a mileage tax to volunteer drivers, adding to signals that President Donald Trump is open to finding new revenue sources to pay for his proposed infrastructure program.
Many of Trump's fellow Republicans, however, dislike the idea of a transportation tax as it would go against the party's push to lower taxes and could hit Republican-leaning rural areas harder than cities.
In the annual Economic Report of the President, the White House described Oregon — a Democratic-leaning state where environmental issues are a priority for many voters — as a "pioneer" in transportation funding and highlighted its funding initiative, which began in 2015. Volunteers are charged a fee of 1.7 cents for each mile driven on state roads — at that rate, someone who drove 10,000 miles in a year would pay $170. In return, however, drivers get rebates for state fuel taxes. As of the end of 2016, only about 700 people were participating in the pilot program, which is intended to gather data and generate consumer feedback.
"The program offers tangible evidence that a tax on vehicle miles traveled is a promising alternative to relying on fuel taxes," the report said. Kevin Hassett, chairman of the White House Council of Economic Advisers, described Oregon's mileage tax as "innovative" in a conference call with reporters and made clear the Trump administration was open to looking at ways to raise revenue for infrastructure projects. . . .
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