IceAge
Well-Known Member
Good point on my math which yes it is not trillions it’s billions and here is the latest data for 2017:Your math is off by a few orders of magnitude. The fuel tax on the federal level is $.184/gallon. Total consumption in the US is ~143 bilion gallons. That's $26 billion in federal taxes. An astounding amount of money, but certainly not trillions. Yes the states also charge their own tax as well, but that only very roughly results in another 70ish billion (I'm not calculating every state individually). Still not trillions, not even if taxes increased 10-fold.
State and local governments collected a combined $47 billion in revenue from motor fuel taxes in 2017, or 1.5 percent of general revenue..
So I will rephrase from each year to many years lol. The whole point is the State and Federal Governments collect a hell of a lot of money just off of ICE vehicles. And currently the EV vehicles pay nothing which eventually this will have to change should the EV market be more dominant transportation. My belief is your electric vehicle will be charged by the mile to use and even possibly all vehicles. No different than toll roads charging you and or their will be an extra charge added to your electric bill or something like that. I know many feel the EV is not the Carbon Foot Print savior and to a degree is true but technology is a good thing. We shall evolve I am sure to even smarter better technology as time progresses since that’s who we are as humans. And what’s so interesting is how when I was just a kid in the early 70s I sat in line with my dad for hours on end to get gas in California. The know it all scientists at that time predicted by the late 80s the world would run out of oil. And yet today we do not even think about this since technology has enabled us to find more oil than we ever realized we have. The point is eventually we just may run out of fossil fuel energy and we need to diversify to an alternative energy to keep the future generations a good life on Mother Earth without ruining Mother Earth and mankind. And that’s a hell of a challenge that mankind realizes now more than ever needs to be done.
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