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To: Willie Green
Then there is this...

current federal gas tax (18.4 cents per gallon for cars), which hasn’t 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.

55 posted on 10/05/2010 11:29:13 AM PDT by Drill Thrawl (Palin Haley O'Donnell - mmm mmmm mmmmmmmmm)
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To: Drill Thrawl

45 x 365 = 16425 miles per year

16425 x 0.2 = 328.50 tax

18.4 x 365 = 6716 tax

???


108 posted on 10/05/2010 1:15:12 PM PDT by EBH (We have lost our heritage of "making money.")
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