3 ms·
Gasoline in the US is taxed not subsidized.
by merpnderp 8y ago
Gasoline in the US is taxed not subsidized.
- marpstar 8y agoKind of. The ethanol that's put into the gasoline is derived from corn, which is heavily subsidized in America.
- Gustomaximus 8y agoAn interesting question for this is will governments start with 'electricity tax'. There will be a ~$40bn revenue hole from cars swapping to electric in USA. Even proportionally more in Europe and Australia where the fuel taxes are much higher. https://www.statista.com/statistics/249129/us-state-and-local-motor-fuel-tax-revenue/ https://www.statista.com/statistics/249129/us-state-and-loca...