2 ms·
The point is that 50 cents an hour is not an accurate representation of the cost of continuously operating a car for an hour. The IRS allows something near that
by scarmig 8y ago
The point is that 50 cents an hour is not an accurate representation of the cost of continuously operating a car for an hour. The IRS allows something near that per mile as a standard mileage rate. If the car is driving more than a mile per hour on average, it's significantly exceeding 50 cents/hour.