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Old     (shawndoggy)      Join Date: Nov 2009       03-22-2021, 10:27 AM Reply   
Delta gas taxes are the same number of pennies per gallon regardless of price. I don’t think the federal gas tax has actually been tweaked for many many years?

https://www.fhwa.dot.gov/policyinfor...018/fe101a.cfm

Obviously states may impose their own taxes, so it’s gonna vary. But it doesn’t look like the rates have changed since the Clinton/GWB era?

TLDR: it’s not Biden’s tax on fuel that is increasing the price right now.
Old     (DeltaHoosier)      Join Date: Mar 2018       03-22-2021, 10:49 AM Reply   
Quote:
Originally Posted by shawndoggy View Post
Delta gas taxes are the same number of pennies per gallon regardless of price. I don’t think the federal gas tax has actually been tweaked for many many years?

https://www.fhwa.dot.gov/policyinfor...018/fe101a.cfm

Obviously states may impose their own taxes, so it’s gonna vary. But it doesn’t look like the rates have changed since the Clinton/GWB era?

TLDR: it’s not Biden’s tax on fuel that is increasing the price right now.
I know that Biden has not got his grips on it yet. That is the crux of the issue. Biden is already going to get heat for it going up and he has not even contributed his war on Americans yet. Wait until that kicks in. Like I said, Biden should support any and all price increased on fuel and tell the American public that is what he ran on and his supporters voted for. Own it.
Old     (shawndoggy)      Join Date: Nov 2009       03-22-2021, 11:27 AM Reply   
Quote:
Originally Posted by DeltaHoosier View Post
I know that Biden has not got his grips on it yet. That is the crux of the issue. Biden is already going to get heat for it going up and he has not even contributed his war on Americans yet. Wait until that kicks in. Like I said, Biden should support any and all price increased on fuel and tell the American public that is what he ran on and his supporters voted for. Own it.
So he's "getting heat" as if it's his fault. Again, worldwide commodity. What would Trump daddy be doing to reduce the price of oil on the world market in the short term?

When Biden "does something," like for instance raising the taxes which haven't been adjusted for inflation at all for about 20 years, then there's something to own.

Right now it feels like you are complaining about capitalism.
Old     (markj)      Join Date: Apr 2005       03-22-2021, 10:41 PM Reply   
Quote:
Originally Posted by shawndoggy View Post
So he's "getting heat" as if it's his fault. Again, worldwide commodity. What would Trump daddy be doing to reduce the price of oil on the world market in the short term?

When Biden "does something," like for instance raising the taxes which haven't been adjusted for inflation at all for about 20 years, then there's something to own.

Right now it feels like you are complaining about capitalism.
Pump the brakes. Did you just say or imply taxes should be adjusted for inflation?
Old     (shawndoggy)      Join Date: Nov 2009       03-23-2021, 4:21 AM Reply   
Quote:
Originally Posted by markj View Post
Pump the brakes. Did you just say or imply taxes should be adjusted for inflation?
Almost all taxes ARE automatically adjusted for inflation. I know Delta hasn't received a raise since 1979, but most folks real incomes have grown with inflation over time. As incomes rise, so does tax liability / revenue. Same can be said for sales tax... as a boat or car or whatever costs more, so does the tax liability. You don't pay tax on a boat based on the kilos of fiberglass in the boat.

Fuel taxes are not inflation indexed like that. If the price of fuel (and corresponding cost of road maintenance that fuel taxes fund) goes up over time, the tax stays static (20 cents per gallon, for instance). Even worse, as evil dem regulations have an effect on making cars more fuel efficient, actual revenues (at least on a per mile driven basis) also decline -- you get more cars on the road for the same revenue. If your old car went 20 miles on a gallon and your new car goes 32, then you are putting 12 more miles of use on a road without paying taxes.

As noted above, federal fuel taxes are earmarked for road maintenance. Has the cost of that maintenance stayed flat since 1997? Probably not.

As we transition to electrics, fuel purchases as a proxy for resource consumption also breaks down. Under the old thinking, if you buy more gas, you are likely putting more wear and tear on the roads, so the fuel tax is at least somewhat proportionate to your impact on road wear.
Old     (DeltaHoosier)      Join Date: Mar 2018       03-23-2021, 9:26 AM Reply   
Quote:
Originally Posted by shawndoggy View Post
Almost all taxes ARE automatically adjusted for inflation. I know Delta hasn't received a raise since 1979, but most folks real incomes have grown with inflation over time. As incomes rise, so does tax liability / revenue. Same can be said for sales tax... as a boat or car or whatever costs more, so does the tax liability. You don't pay tax on a boat based on the kilos of fiberglass in the boat.

Fuel taxes are not inflation indexed like that. If the price of fuel (and corresponding cost of road maintenance that fuel taxes fund) goes up over time, the tax stays static (20 cents per gallon, for instance). Even worse, as evil dem regulations have an effect on making cars more fuel efficient, actual revenues (at least on a per mile driven basis) also decline -- you get more cars on the road for the same revenue. If your old car went 20 miles on a gallon and your new car goes 32, then you are putting 12 more miles of use on a road without paying taxes.

As noted above, federal fuel taxes are earmarked for road maintenance. Has the cost of that maintenance stayed flat since 1997? Probably not.

As we transition to electrics, fuel purchases as a proxy for resource consumption also breaks down. Under the old thinking, if you buy more gas, you are likely putting more wear and tear on the roads, so the fuel tax is at least somewhat proportionate to your impact on road wear.
And right this very instance, people in electric cars are paying ZERO road taxes. Why is it that taxes only matter until democrats push an agenda then that stuff does not matter.
Old     (shawndoggy)      Join Date: Nov 2009       03-23-2021, 9:39 AM Reply   
Quote:
Originally Posted by DeltaHoosier View Post
And right this very instance, people in electric cars are paying ZERO road taxes. Why is it that taxes only matter until democrats push an agenda then that stuff does not matter.
Who says it doesn't matter?

Taxes create winners and losers -- you could go out tomorrow and trade in your K5 blazer for a used prius and get one over on the man by paying less in fuel taxes. Or ride a bike and ride those roads for free. From an environmentalist's perspective, one could argue that the policy is working perfectly because it's encouraging folks to make preferred choices.

Or make employer sponsored healthcare pre tax.

Or go pump out some kids, and get a tax credit.

Or borrow money to buy a house and get a tax deduction.

Taxes ARE policy as much as revenue generators.
Old     (DeltaHoosier)      Join Date: Mar 2018       03-23-2021, 9:21 AM Reply   
Quote:
Originally Posted by shawndoggy View Post
So he's "getting heat" as if it's his fault. Again, worldwide commodity. What would Trump daddy be doing to reduce the price of oil on the world market in the short term?

When Biden "does something," like for instance raising the taxes which haven't been adjusted for inflation at all for about 20 years, then there's something to own.

Right now it feels like you are complaining about capitalism.
No, I am pulling a democrat. I am blaming biden for something he has no control over just like you did Trump. Then again, he did run on raising our fuel prices so capitalism or not, this is going to be the trend in his administration (by his own admission) so get used to it.

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