[bro1999]

https://www.washingtonpost.com/poli...3614530bd87_story.html?utm_term=.a1ccafc2c6d1

The federal gas tax is currently 18.4 cents/gal (24.4 cents/gal for diesel) and has remained the same since 1993. President Trump has floated the idea of a 50 cent/gallon tax hike in private conversations. I say bring it on...it is loooong overdue.

 

[BAZINGA]

That's great for folks earning a lot of $$$ what do the working poor do? I'm a conservative and am ready and able to pay more for gas, but do worry about folks at the bottom of the income ladder. I doubt many of the "working poor" will be buying EV's.

 

[bro1999]

That's great for folks earning a lot of $$$ what do the working poor do? I'm a conservative and am ready and able to pay more for gas, but do worry about folks at the bottom of the income ladder. I doubt many of the "working poor" will be buying EV's.

Maybe if this gas tax hike actually has a chance of happening, perhaps Congress could get off its duff and also reform the fed EV tax credit program and turn the credit into a fully refundable credit that allowed even people with 0 tax liability to claim the full credit (and implement an income phase out that caps the credit at a certain income level). Increase tax revenues for infrastructure, open up a way for the "poor" to acquire fuel efficient plug-ins by allowing them to claim the full credit.

Hell, with an income cap, they could even increase the credit to say $10k and still keep the cost of the program the same. And use some of the money from the hiked gas taxes to build out charging infrastructure while restoring out roadways. But what do I know, I'm just a regular Joe.

 

[rmay635703]

Gotta pay for corporate welfare somehow

 

[Mister Dave]

That's great for folks earning a lot of $$$ what do the working poor do? I'm a conservative and am ready and able to pay more for gas, but do worry about folks at the bottom of the income ladder.......

In support of that.....

A regressive tax is a tax that takes a larger percentage of income from low-income earners than from high-income earners. It is in opposition with a progressive tax, which takes a larger percentage from high-income earners. A regressive tax is generally a tax that is applied uniformly to all situations, regardless of the payer.

https://www.investopedia.com/terms/r/regressivetax.asp?lgl=myfinance-layout-no-ads

Kind of hard to plant a social justice flag on that, hmm?

It's not like this hasn't been discussed ad nauseum already, but thanks for showing support for what Trump allegedly said in private WAPO. Must've been another Priebus leak if it's even true.