4 ms·
A not insignificant amount of the price of gasoline and diesel goes to taxes. [1] What analyses have been done to address the economic impact (regarding taxes)
by SquibblesRedux 5y ago
A not insignificant amount of the price of gasoline and diesel goes to taxes. [1] What analyses have been done to address the economic impact (regarding taxes) of transitioning from gas/diesel to EV?
[1] https://www.eia.gov/tools/faqs/faq.php?id=10&t=10 https://www.eia.gov/tools/faqs/faq.php?id=10&t=10
- SideburnsOfDoom 5y agoWhatAboutism. A huge amount of the low price of fossil fuels comes from the tax breaks and other subsidies to producers. Imagine the benefits of halting that, and maybe subsiding clean energy instead. https://www.imf.org/en/Topics/climate-change/energy-subsidies https://www.imf.org/en/Topics/climate-change/energy-subsidie... https://www.bloomberg.com/news/articles/2021-07-22/fossil-fuels-still-get-plenty-of-government-support https://www.bloomberg.com/news/articles/2021-07-22/fossil-fu... Gasoline taxes in the USA are lower than in other industrialized countries https://taxfoundation.org/oecd-gas-tax/ https://taxfoundation.org/oecd-gas-tax/
- SquibblesRedux 5y agoApologies for being a bit slow on following up. First, it is quite disrespectful to answer an honest query with an insult. (I am referring to "WhatAboutism.") I am aware of the corn subsidies in the US and the problems that it causes with various state and local budgets, and how it influences consumer prices for all sorts of products. However, I know very little about the tax structures and political tradeoffs for gasoline taxes. Hence, my question. Second, the responses do not address the tradeoffs, which is what I queried about. Society is not about raw numbers; people are not machines. Just as the US has not transitioned to the metric system for what may seem like irrational reasons, a transition from gas/diesel to EV involves many complex, often irrational, factors. One of those factors -- the one I queried about -- is what happens when the transition impacts a complex system of political budget factors. To reiterate the first point, immediately responding with an insult is not only disrespectful, but also discourages others from asking honest questions. Educating is great, but hurling insults is not.