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LTLFTcomposite
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Trump to propose big hike in gas tax

Wed Feb 14, 2018 2:09 pm

https://www.cnbc.com/2018/02/14/trump-r ... s-tax.html

And you guys thought he was bad :-)

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jjeff
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Re: Trump to propose big hike in gas tax

Wed Feb 14, 2018 4:38 pm

I've been preaching for a $1/gallon tax for years and get road repairs totally off the budget :)
It's what they do in several?? European cities, let the people who use the roads and not grandma pay for road maintenance. 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) should end up paying less.
Do I believe this will get traction? HELL NO! it will never happen :(
BTW I'd don't really consider 25c/gallon a "hike" but they like to whip it up like it is. Heck gas prices have risen in my market 50c+/gallon in the last couple months and people aren't flocking to the streets, they shouldn't even notice 25c :D
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rmay635703
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Re: Trump to propose big hike in gas tax

Wed Feb 14, 2018 5:48 pm

jjeff wrote: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


Actually gas tax can be completely written off by business in most cases so it’s affect on prices is less than you might think.

Further if it can’t, it will drive specific types of business and transportation as being less favorable and cheap slow transport will become more favorable (like trains)

This will hurt places like Amazon and people who want fast tax payer subsidized semi shipments, but bulk deliveries will remain cost neutral.

This would force companies to move away from very wasteful shipping practices and charge people a realistic price if they want everything delivered to them, without planning a weekly shipping trip.

Local goods also become more price competitive, which is as it should be anyway.


As for my true opinion I have always believed the supply side of crude needs to pay a “windfall tax” whenever it’s price drops below a certain point and the tax should come and go with price, structured properly it would reduce market fluctuations and also drive some “hidden” tax from the very large tax except industrial side of crude.

Which is really what’s needed, even a very small supply side tax would provide vastly more energy revenue to roads than even a very large road tax hike and it might wake certain industries up into becoming more efficient to avoid the cost.
Industry makes most of the pollution and making them more efficient would effect pollution much more than any pollution controls on road going cars, this is simply due to sheer volume of supply side use and pollution

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LTLFTcomposite
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Re: Trump to propose big hike in gas tax

Wed Feb 14, 2018 6:25 pm

^ When you say "written off" you mean subtracted from profits, and since profits are reduced tax on those profits is reduced proportionally?
LTL
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rmay635703
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Re: Trump to propose big hike in gas tax

Thu Feb 15, 2018 1:37 pm

LTLFTcomposite wrote:^ When you say "written off" you mean subtracted from profits, and since profits are reduced tax on those profits is reduced proportionally?


Yes but it’s more complex, gas cost including tax is written off gross.

So this means that a 50 cent /gal increase in fuel cost likely drives a 25 cent increase per gallon in price to the customer vetted against labor and all other costs.

The company that buys the shipped goods pays the 25 cents more shipping but again can write that off as well.

So in reality gas price increases in the grand scheme of things usually don’t drive much cost increase to the end product.

2k1Toaster
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Re: Trump to propose big hike in gas tax

Thu Feb 15, 2018 4:03 pm

I'd be very happy to see $8/gal to $12/gal basic gasoline.
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LCR
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Re: Trump to propose big hike in gas tax

Fri Feb 16, 2018 10:17 am

Do any of you all work in any industry that requires movement of goods? :roll:

2k1Toaster
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Re: Trump to propose big hike in gas tax

Fri Feb 16, 2018 10:40 am

Everyone does. But this is the norm elsewhere and it works. It's also where it should be based on infrastructure cost. Goods become more expensive when freighted in like everything now. Congestion charges would be welcome in the city centres for vehicles that are too inefficient.

It would personally effect me quite a bit. I travel a lot and have lots of non BEV vehicles. But it's the right thing to do.
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DaveinOlyWA
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Re: Trump to propose big hike in gas tax

Fri Feb 16, 2018 11:57 am

Its a start. Not really enough, but its a start. FYI; In Hell today, the low was 34 º so not quite there but... :)
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LTLFTcomposite
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Re: Trump to propose big hike in gas tax

Fri Feb 16, 2018 12:28 pm

One thing for sure, EV enthusiasts would do well not to talk about it. Just sit there and keep quiet.
LTL
White 2012 SV delivered 10 Dec 2011 returned 25 Nov 2014 replaced with stopgap ICE Sentra
[35 months] [35K miles] [9 Bars]
2013 Volt replaced after 36 months/30k miles with ICE Rogue
2016 SV-adjacent May 2016 lost 4th bar March 2018

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