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> “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 t
by 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.