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EU has a min excise tax on gasoline of 0.359 euro per 1L, before VAT ($1.6 per gallon). Most countries have it way higher (Germany : 0.6545€, or ~ 0.78€ after
by xxs 5y ago
EU has a min excise tax on gasoline of 0.359 euro per 1L, before VAT ($1.6 per gallon). Most countries have it way higher (Germany : 0.6545€, or ~ 0.78€ after VAT). Higher fuel taxes should incentivize public transport, smaller/more efficient engines, etc.
- jackson1442 5y agoIn the US that needs to come with policy though. We have woefully inadequate public transit here, save for outlier metroplexes like New York. I would get laughed out of the room if I suggested taking the bus to the grocery store here.
- bradlys 5y ago> We have woefully inadequate public transit here, save for outlier metroplexes like New York. Yep, and the only areas that have good public transit within the USA also happen to be very expensive... Something the working class poor and lower middle class simply cannot afford to even live near.
- 988747 5y agoThere's a catch though: fuel taxes in Europe are important part of government's tax income. In my country it is like 10% of all taxes collected. Now, if everyone switches to electric vehicles this income source will dry out. Governments will have to replace it with something, so my guess is, they will at some point impose similar taxes on electricity.
- lttlrck 5y agoor transition everyone to a road usage charge. https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=202120220SB339 https://leginfo.legislature.ca.gov/faces/billTextClient.xhtm...