Quote:
Originally Posted by red-beard
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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You know why. Because they can. Tax and spend.
The price of a license tag in Oklahoma, and most states is purely predicated on sales price. So a Million dollar 918 pays huge taxes and likely gets driven very little and caused no real damage to the road. Yet a 20 year old F-350 diesel truck that hauls around a heavy work trailer pays 21 bucks per year. And a 18 wheeler pays a lot of taxes, but in relation to the road damage they cause, gets a free ride.