4 ms·

Shame the infrastructure is so lacking, and the Victorian government have a road tax specifically for EVs

by cyclotron3k 4y ago

ilyt 4y ago
Well, they ain't paying tax for fuel, roads have to be fixed for something...
- ehnto 4y ago
  Fuel excises do not get allocated directly to some kind of "road budget", they go into general revene. Almost all of it can be accounted for in corresponding fuel tax credits, three quarters of which go to mining companies. From memory the difference in 2019 census was like 100mil, so 7.8billion came in from fuel excise, 7.7billion went back out in fuel tax credits. In essence, everyone pays for federal roads, road user or not, and municipalities pay for local roads. Except for larger state funded projects, which often receive federal assistance. Fuel taxes are a trivial component to infrastructure upkeep, is my understanding. Another myth is that vehicle registration pays for roads, vehicle registration goes entirely to running the vehicle registration apparatus, that's all.
  - ilyt 4y ago
    The point is that people using are paying that. We dont have fuel tax credit here (Poland) so > 7.8billion came in from fuel excise, 7.7billion went back out in fuel tax credits. just seems like pointless excercise in bureaucracy...
  - Reason077 4y ago
    > “Fuel taxes are a trivial component to infrastructure upkeep, is my understanding.” If that’s true, Australia needs to think about raising its fuel/vehicle taxes! In the UK, the opposite is true: direct fuel and vehicle taxes raise 3-4X more revenue than is spent on roads annually[1] [1] In 2021/22, £11.8 billion was spent on UK local and national roads, vs £28 billion raised from fuel duty and £7.1 billion from vehicle excise duty.
  - sjy 4y ago
    In 2021-22, fuel tax raised $18.2 billion, of which $6.89 billion (38%) was returned as fuel tax credits. https://www.aph.gov.au/About_Parliament/Parliamentary_departments/Parliamentary_Budget_Office/Publications/Budget_explainers/Fuel_taxation_in_Australia https://www.aph.gov.au/About_Parliament/Parliamentary_depart...
    - ehnto 4y ago
      Oh I was way off, I doubt 2019 was much different. I'll adjust my parent comment.

Shame the infrastructure is so lacking, and the Victorian government have a road tax specifically for EVs

ilyt 4y ago

Well, they ain't paying tax for fuel, roads have to be fixed for something...

ehnto 4y ago
Fuel excises do not get allocated directly to some kind of "road budget", they go into general revene. Almost all of it can be accounted for in corresponding fuel tax credits, three quarters of which go to mining companies. From memory the difference in 2019 census was like 100mil, so 7.8billion came in from fuel excise, 7.7billion went back out in fuel tax credits. In essence, everyone pays for federal roads, road user or not, and municipalities pay for local roads. Except for larger state funded projects, which often receive federal assistance. Fuel taxes are a trivial component to infrastructure upkeep, is my understanding. Another myth is that vehicle registration pays for roads, vehicle registration goes entirely to running the vehicle registration apparatus, that's all.
- ilyt 4y ago
  The point is that people using are paying that. We dont have fuel tax credit here (Poland) so > 7.8billion came in from fuel excise, 7.7billion went back out in fuel tax credits. just seems like pointless excercise in bureaucracy...
- Reason077 4y ago
  > “Fuel taxes are a trivial component to infrastructure upkeep, is my understanding.” If that’s true, Australia needs to think about raising its fuel/vehicle taxes! In the UK, the opposite is true: direct fuel and vehicle taxes raise 3-4X more revenue than is spent on roads annually[1] [1] In 2021/22, £11.8 billion was spent on UK local and national roads, vs £28 billion raised from fuel duty and £7.1 billion from vehicle excise duty.
- sjy 4y ago
  In 2021-22, fuel tax raised $18.2 billion, of which $6.89 billion (38%) was returned as fuel tax credits. https://www.aph.gov.au/About_Parliament/Parliamentary_departments/Parliamentary_Budget_Office/Publications/Budget_explainers/Fuel_taxation_in_Australia https://www.aph.gov.au/About_Parliament/Parliamentary_depart...
  - ehnto 4y ago
    Oh I was way off, I doubt 2019 was much different. I'll adjust my parent comment.