current federal gas tax (18.4 cents per gallon for cars), which hasnt changed since 1993. A fee of just one penny per mile would equal the revenue currently collected by the fuel tax, the report states. A fee of two cents per mile would generate the revenue necessary to support an appropriate level of investment over the long term.
People who have high mpg cars (which they have been begging us to buy to 30 years now) will get screwed royally. Example I drive 45 miles a day in a car that gets 45 mpg. Therefore my tax is 18.4 cents. Making that 2 cents per mile it goes to 90 cents. That's another 144 a year down the drain.
45 x 365 = 16425 miles per year
16425 x 0.2 = 328.50 tax
18.4 x 365 = 6716 tax
???