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An ever-expanding backlog of investment needs is the price of our failure to maintain funding levels—and the cost of these investments grows as we delay. The gas tax, which is not currently indexed to inflation, has lost 1/3 of its purchasing power since 1993, the last time the tax was increased. of GDP today.
A new Rasmussen telephone poll found that 81% of Americans oppose an “ increase the tax on gasoline by a large amount ” as a way to encourage the purchase of more fuel-efficient cars. These sentiments remain largely unchanged from nearly two years when 86% said they opposed the idea of raising gas taxes by $0.50
Work from home, the rise of ecommerce, and higher gas prices for an extended period could also reduce average annual vehicle miles traveled in the US. A counter trend, however could be more households going on road trips if airline prices remain high for an extended period of time. Because a mileagetax would be post-paid.
The decision to purchase or lease electric vehicles (EVs) for your commercial fleet depends on several factors, such as whether you want to own your capital assets versus maintaining a more flexible cash flow. Tax incentives are easier There are federal tax incentives for new, used, and commercial electric vehicles.
But it is a price that must be paid, and GM should be commended for remaining committed to the Volt. Ill never purchase one again, no matter what the mpgs. Not really sure where all the money is going, but it seems like the Volt is already over-priced and under performing. Former vice chairman Bob Lutz said as much a year ago.
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