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In the US, the federal gas tax has been 18.4 cents per gallon since 1993. If anything, they are losing money with inflation and the decreased demand that highe
by vstck17 4y ago
In the US, the federal gas tax has been 18.4 cents per gallon since 1993.
If anything, they are losing money with inflation and the decreased demand that higher fuel prices will create.
- anamax 4y agoStates also charge tax on gas. For example, California charges both $0.539 per gallon AND sales tax. The latter varies based on city/county/district and is charged on the "after per-gallon tax" price. The total sales tax in San Jose is 9.375%, so $6.50 at the pump includes $0.557 in sales tax. (The "at the pump" price includes sales tax.) That's a total of $1.096/g state and local for $6.50/g at the pump. Add in the federal $0.184/g and the total tax is $1.28/g on $6.50/g gas in San Jose. There may also be permit fees.
- ajsnigrutin 4y agoThis depends on the country. In slovenia we had regulated gas prices until 2020 - https://www.gov.si/assets/ministrstva/MGRT/Dokumenti/DNT/cene-naftnih-derivatov/neosvincen_motorni_bencin95.docx https://www.gov.si/assets/ministrstva/MGRT/Dokumenti/DNT/cen... [docx] If we look at the last price (top row), the price (without any taxes) was 0.395eur/l. Then they add (in column order) CO2 tax, "saving energy tax", excise duty ("trošarina"), "tax to help electricity production", and VAT (DDV), bringing the total price to 1.00eur. The total of taxes added is ~153% of the base price (0.395 without -> 1eur with tax).