Quote:
Originally Posted by Bucco
I THINK that the current federal tax on a gallon of gas is about 18.3 per gallon.....in Florida, add .344 to that.
|
Decimal points Bucco, always check your decimal points. You listed the federal in cents and then Florida in dollars, so either $0.183 and $0.344 or 18.3 cents and 34.4 cents. Florida collects about double what the Federal govt gets per gallon, but Florida is responsible for about 2/3 of the costs of road work, so about right. The county and municipalities in
Florida can also impose a fuel tax. The US is losing money on their highway funds as the costs of road construction and repair exceed the amount collected in taxes. See Federal
HERE So the highway fund is given money from the general funds to provide the cash required.
Florida, unlike the Federal govt automatically raises its fuel tax every year based on the CPI. If the Federal gov't did the same we would now be paying about 33 cents Federal fuel tax/gallon instead of 18.