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I don't think anyone here is under the impression that government subsidies don't come from taxes. The criticism above is that subsidies skew the observed rela
by kube-system 3y ago
I don't think anyone here is under the impression that government subsidies don't come from taxes. The criticism above is that subsidies skew the observed relative prices of transport at the point of use.
- bombcar 3y agoIf I am reading https://www.transportation.gov/sites/dot.gov/files/2022-03/FHWA_Budget_Estimates_FY23.pdf https://www.transportation.gov/sites/dot.gov/files/2022-03/F... correctly (and I'm almost certainly not) the budget in 2023 was $60 billion (which to be fair includes more than just highways) and if this is correct (which it may be biased) https://www.taxpolicycenter.org/briefing-book/what-highway-trust-fund-and-how-it-financed https://www.taxpolicycenter.org/briefing-book/what-highway-t... then federal fuel taxes raised $43 billion of that. It's within 2/3rds (and frankly lower than I thought, $60 billion doesn't get you @#@^ these days).