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Topspinmo 03-30-2021 02:12 PM

Quote:

Originally Posted by Bucco (Post 1923413)
I THINK that the current federal tax on a gallon of gas is about 18.3 per gallon.....in Florida, add .344 to that.

The state and federal government makes more on gallon of gas than the producers which last I inquired was about 7 cent gallon profit? no wonder oil producers get tax breaks when government make more off there product that they do.

Two Bills 03-30-2021 02:36 PM

Quote:

Originally Posted by Topspinmo (Post 1923378)
Had how much did the royal family pay in taxes? There no royal family. There called dictators. Collecting money off the common people. In UK case they limited the royal family over the government. We have the same, but they hide in congress in form of career politicians.

You might as well give up on price of gas when you are foreigner at heart taking Pol-t-ic’s in another country.

I am sorry to show my ignorance, but I cannot understand what you are saying.
I would hazard a guess, that the sun has been over the yard arm for quite a while in your location!

blueash 03-30-2021 02:39 PM

Quote:

Originally Posted by Bucco (Post 1923413)
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.

Bucco 03-30-2021 02:49 PM

Quote:

Originally Posted by blueash (Post 1923451)
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.

OOOPS...

My bad.

Sorry, and thanks for an important correction.


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