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Join Date: Jul 2000
Location: Houston, Tejas
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Quote:
Originally Posted by WPOZZZ View Post
Our DoT is taking under consideration a road tax vs gas tax because of the proliferation of electric and hybrid vehicles.
Why?

They get a huge amount of sales tax with an electric car. At 7%, an average Tesla Model 3 ($50K) will put $3500 in the state coffers.

A car that gets 25 mpg will use 4000 gallons over 10 years. At 38.5 cents/gallon and 2.3% inflation has a NPV of $1361.85. A $30K car therefore will put an equal amount of money into the state coffers.
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The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
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Old 04-16-2019, 04:51 AM
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