The federal gas tax is 18. 4 a gallon and state gas taxes range from 20 to
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The federal gas tax is 18. 4¢ a gallon and state gas taxes range from 20¢ to 40¢ a gallon. As motorists switch to more efficient cars, government gas tax revenue will fall. To raise revenue for infrastructure repairs, states are considering dropping the gas tax and introducing a mileage tax, perhaps 2. 3¢ per mile. How would a mileage tax differ from the gas tax in its effects on an owner of a gas guzzler and an owner of a fuel-efficient hybrid? Which tax would be fairer: the mileage tax or the gas tax?
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Answer A mileage tax and a gas tax have different effects on owners of gas guzzlers and fuelefficient hybrids Lets analyze the impacts on both types o...View the full answer
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