AlanMendelson
AlanMendelson 
Joined: Oct 5, 2011
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March 6th, 2022 at 1:04:39 AM permalink
With gas pump prices surging our state and local legislators should lower the sales taxes applied to fuel.

As an example, let's say the combined sales taxes in your area is 9-percent. When gas was $3 a gallon the sales tax was 27-cents.

At $4.80 a gallon, the 9% sales tax totals 43-cents.

The jump in oil and gas prices is giving governments an extra 16-cents per gallon, which is an extra $2.10 on a 15-gallon fill up.

The federal government should also consider lowering the federal excise tax of 18.3-cents on each gallon perhaps as a short term fix.

Remember this: with every dollar extra you pay about 9-cents of that is extra sales tax. In many cities the sales tax is north of 10-percent.
billryan
billryan
Joined: Nov 2, 2009
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March 6th, 2022 at 2:11:23 AM permalink
The federal tax on gasoline is a flat tax per gallon. That has not increased since Bill Clinton was in office and is not affected by the price of gas.
Seeing how local and state governments have seen sales tax revenue plummet during covid, it seems strange to call for them to cut off any legit source of income.
The difference between fiction and reality is that fiction is supposed to make sense.
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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March 6th, 2022 at 6:25:46 AM permalink
Quote: billryan

The federal tax on gasoline is a flat tax per gallon. That has not increased since Bill Clinton was in office and is not affected by the price of gas.
Seeing how local and state governments have seen sales tax revenue plummet during covid, it seems strange to call for them to cut off any legit source of income.
link to original post



Agree. Any time someone suggests a tax cut, I askÖ. what services shall we cut due to the loss of revenue? Or what other tax increase will we enact to make up for the tax cut you propose?

Probably best to close this threadÖ
billryan
billryan
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March 6th, 2022 at 8:26:13 AM permalink
When I lived on Long Island there was talk of capping the sales tax on a gallon of gas. Nassau County makes it budgets based on projections so it was argued that a big increase in gas prices seems to indicate a surplus of funds, but the opposite is just as true.
There was some talk of instituting a maximum sales tax per fill up but that favored people driving huge vehicles with extra-large gas tanks. In the end, prices spiked, then returned to normal and after SuperStorm Sandy, other priorities arose.
I suspect local governments are going to have serious issues in the next few years and will be looking for increased revenue, not ways to decrease it. As electric vehicles grow in usage, the local government gets less in gas tas and road taxes. As EVs are currently owned mostly by people who are well off, it can quickly turn into yet another rich vs. poor discussion.
The difference between fiction and reality is that fiction is supposed to make sense.
Vegasrider
Vegasrider
Joined: Dec 23, 2017
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Thanks for this post from:
TigerWu
March 6th, 2022 at 11:12:37 AM permalink
Too many people drive as it is and there are many people who have no business driving from the 1st place. US should rely and invest more in public transportation like Europe and Japan. Leave the prices as it is. Or get a motorcycle or electric car.
MrV
MrV
Joined: Feb 13, 2010
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March 6th, 2022 at 11:33:46 AM permalink
Quote: Vegasrider

US should rely and invest more in public transportation like Europe and Japan.



Another one rides the bus
"What, me worry?"
tuttigym
tuttigym
Joined: Feb 12, 2010
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March 6th, 2022 at 11:45:28 AM permalink
Quote: Vegasrider

Too many people drive as it is and there are many people who have no business driving from the 1st place. US should rely and invest more in public transportation like Europe and Japan. Leave the prices as it is. Or get a motorcycle or electric car.
link to original post


Unfortunately, "public transportation" is tax-payer funded with little oversight and virtually no accountability with cost overruns and inefficiencies. Amtrac, the postal service (quasi-govt), and most all current public transportation are not profitable and need continuous bailing out. They are all "money pits." We are a country of commuters and suburbanites. We cherish our freedom of movement and will not be confined or constrained which is the European and Japanese models do.

tuttigym
mcallister3200
mcallister3200
Joined: Dec 29, 2013
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March 6th, 2022 at 11:45:56 AM permalink
Packing mass amounts of people into small pockets of population density like sardines for public transit: Helps reduce fuel, helps fuel mass shootings and mental health issues. Pick your poison.
mcallister3200
mcallister3200
Joined: Dec 29, 2013
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March 6th, 2022 at 12:08:01 PM permalink
Quote: tuttigym

Quote: Vegasrider

Too many people drive as it is and there are many people who have no business driving from the 1st place. US should rely and invest more in public transportation like Europe and Japan. Leave the prices as it is. Or get a motorcycle or electric car.
link to original post


Unfortunately, "public transportation" is tax-payer funded with little oversight and virtually no accountability with cost overruns and inefficiencies. Amtrac, the postal service (quasi-govt), and most all current public transportation are not profitable and need continuous bailing out. They are all "money pits." We are a country of commuters and suburbanites. We cherish our freedom of movement and will not be confined or constrained which is the European and Japanese models do.

tuttigym
link to original post

m
Public transit and postal service are SERVICES, not businesses.

In the case of the postal service at times they arenít legally allowed to make some of the decisions they would otherwise make if they were run as a business in order to attempt to be profitable.

Itís really chicken or the egg, are they always heavily subsidized or are we subsidizing private businesses utilizing them who donít in some areas pay wages that donít support someone driving a car or forced to pay true shipping costs for utilizing the services in their business.
billryan
billryan
Joined: Nov 2, 2009
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March 6th, 2022 at 12:28:05 PM permalink
The government provides a worker to bring you your personal stuff six days a week and people complain the service isn't profitable?
The police department hasn't turned a profit in years, maybe we should cut it.
The difference between fiction and reality is that fiction is supposed to make sense.

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