Quote:
Originally Posted by WPOZZZ
Our DoT is taking under consideration a road tax vs gas tax because of the proliferation of electric and hybrid vehicles.
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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.