Preview

Tax On Gasoline

Satisfactory Essays
Open Document
Open Document
501 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tax On Gasoline
Should the Federal Tax on gasoline increase to help pay for public transportation and road improvements? Gas companies shouldn't raise their taxes based on the need for money for public transportation because many citizens who live in the U.S. use public transportation instead of buying gas. By them not having to buy gas that will cause those who don't use public transportation to be forced to pay for something that they don't use. While doing so those who use the public transportation may reap the benefits of a cheaper bus fare, cheaper gas if needed for the citizens and it may also increase the pay for the public transportation employees. To begin, by increasing the federal gas tax it may cause public transportation to lower their bus fare. By doing so, this will help the citizens who ride the bus save a few extra dollars. This may also help pay for the road improvements that may be needed. While citizens are continuously saving money the taxes are put on those who are not citizens which will help aid the citizen with less out of pocket expenses like taxes. This will enable the citizens to be able to spend their money other ways like on travel. They will be able to buy more gas or …show more content…

When the gas companies make more money they buy more gas and when they buy more gas, the citizens and non citizens buy more gas, and when the non citizens buy more gas the taxes with-held will help public transportation and road improvements to be made. Also, if the travel was to decrease it may cause the hotels, airlines, and other major businesses to lose money because no one is buying their products or staying in their

You May Also Find These Documents Helpful

  • Good Essays

    Loudon County Wheel Tax

    • 831 Words
    • 4 Pages

    50 extra dollars per vehicle or legally registered item may seem like a great deal of money. Especially with the economy the way it is today. Our roads in Loudon County and even in Tennessee alone are excellent roadways. I do not know how many of you have ever traveled outside the state, but almost all other states roadways are horrible. You may not think about these issues until a tax is proposed. In Tennessee alone the state spends approximately three million dollars on our roads every year. We need to look at what we already have and see that our government is trying to better our county and state. We need to consider paying an extra 50 dollars a year per vehicle to continue our excellent roadways.…

    • 831 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Hurricane Katrina is the deadliest and most destructive Atlantic tropical cyclone of the 2005 Atlantic hurricane season. Katrina destroyed imports of crude oil and caused a number of refineries in its path to shut down temporarily. It prompted denunciation by politicians of greedy refiners and gasoline dealers, and proposals for federal legislation prohibiting "unconscionably excessive" gasoline price increases. Many states have an anti-gouging law set in place during disasters. But yet just a year before all of this occurred the price of gas was around nearly a dollar eighty. Now gas is almost a dollar and fifty cents more. That is why gasoline price gougers should be punished. It is already the law and it causes the economy to become more unstable.…

    • 449 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Freakonomics

    • 1111 Words
    • 4 Pages

    2. The United States government puts a tax on foreign car companies to help United State citizens encourage to buy the American made cars. This acts as an incentive for the citizens to buy American made cars to support the United States economy.…

    • 1111 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    This change led to the creation of the United States Highway Trust Fund. “The Highway Trust Fund was expected to collect an estimated $14.8 billion over the program’s 16 year construction period from a three cents per gallon excise tax on gasoline, diesel and special motor fuels; a nine cents per pound excise tax on inner tubes; an eight cents per pound excise tax on automobile tubes; a three cents per pound excise tax on tire retreads; half of the 10 percent manufacturer’s tax on trucks, buses, and truck trailers; and a $1.50 per pound weight fee on trucks and buses, excluding local transit vehicles weighing over 26,000 pounds.” (Dilger, 2003, pgs. 20-21) This tax structure placed the funding of the interstates squarely on the shoulders of the people who use the interstates. A huge benefit of the Highway Trust Fund is that it was designed to raise the funds without the use of tolls. After construction, the public preferred to use the toll free roads that their tax dollars paid for rather than using privately owned toll roads. In the years to come, this led to the closure of numerous tolls roads across the…

    • 657 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Dear Future Study

    • 1117 Words
    • 5 Pages

    With the populations in U.S cities growing so rapidly, farms lands and forest are being bulldozed down to meet residential and commercial needs. More strip malls and cookie cutter neighborhoods are being built to keep up with the ever growing population. This is also creating an uncontrollable debt. Even though property taxes have increased, there still are not enough funds to keep public systems afloat. Urban sprawl has also increased the need for more roadways and congested streets. Of course with the current gas prices, this has become a very expensive dilemma. Just a few years ago, gas was under $2 a gallon. Now gas is upwards of $3.50 a gallon. This price jump is due to the increasing demand for gasoline. The need for gasoline rose quicker than manufacturer’s ability to produce causing higher prices. Summer family vacations are on the downfall because it is so expensive to fuel up. Most Americans have to think twice before making cross country trips. In more metropolitan areas, public transportation has become more popular. In larger cities most citizens rely on public trains and buses to get to work instead of driving. In Atlanta, a one day pass for public transportation can cost up to $8 a day, but most people are willing to pay this fee to avoid the rising cost of fuel. http://www.itsmarta.com/fares-passes.aspx. Most employers in larger Metro areas offer bus or train…

    • 1117 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Gas Tax Paper

    • 414 Words
    • 1 Page

    As of right now gas prices seem to be lower than they have been in decades; so wouldn’t this be the perfect time to increase the gas tax when the prices are extremely low? Gail Collin’s of the New York Times seems to believe so! In a story he wrote he basically states that now is a better time than ever to bring in some extra funds to help support certain areas throughout the country such as the roads and highways which desperately need it after this winter. The current gas tax is 17.4 cents, so raising it a couple of cents couldn’t really make that much of an impact, could it? Collin’s goes on to explain that this isn’t a revolutionary idea; it has been done numerous times before by previous presidents. He also goes on to explain another method Obama planned on using regarding foreign business, but it really doesn’t do the job that a simple raise in the gas tax would do. The article gives the impression that the only reason this is not getting serious attention is due to the fact something did not get passed which taxed tobacco for early education, which seems really unfair.…

    • 414 Words
    • 1 Page
    Satisfactory Essays
  • Best Essays

    The Government introduces a high rate of tax on petrol. This tax may have negative effects on many drivers. Should the Government repeal or relax the tax?…

    • 2494 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Thailand Bus

    • 1669 Words
    • 7 Pages

    On the other hand, in recent years, gasoline price has constantly soared upwards. In other words, using private cars have an impact on household economy.…

    • 1669 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Firstgroup Plc Case Study

    • 1272 Words
    • 6 Pages

    High tax on fuel has supported customers to change from using cars to a more economical and inexpensive alternatives which are the buses and rail transport.…

    • 1272 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Fat Tax

    • 306 Words
    • 1 Page

    Food is everywhere. When people go to the market, they get what they enjoy. Sadly, what tastes yummy is normally not what is actually healthy for you. As bad as junk foods are, consumption is not decreasing and people are not getting the message. In a country that claims to value health, how can we display so many unhealthy, yet convenient, options? Taxing junk foods is a necessary choice that must be put into action if we are to help people’s health in the long run. It is no secret that junk foods are unhealthy. In order for obesity to even begin to decrease, limitations must be put in place in the form of a junk food tax. The purpose of this tax is to decrease consumption of unhealthy foods, generate billions of dollars annually which be designated for relevant causes, such as; improving diet, obesity prevention, and nutrition education.…

    • 306 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Fuel price must be kept lowest, that’s best way to control price rise and allow common people a chance to make their living. It may sound simple, but same time its also not impossible.…

    • 657 Words
    • 3 Pages
    Good Essays
  • Good Essays

    A Levels Essay

    • 2405 Words
    • 10 Pages

    To fix the problem, the CBI offers a couple of ideas. First, it wants to see more flexible working, with employees staying at home or staggering their hours, spreading the traffic load over more hours in the day. Second, it wants to see more money spent on building new roads and widening existing ones. Third, it wants to encourage better use of existing roads. All these will help, but at best they merely chip at the edges of the problem. The CBI’s big idea is to match supply with demand using a system of nationwide road tolling. To economists the case for road charging is simple. The problem is not a lack of capacity, but a failure to allocate it properly. A system of charges would be fairer than the current means of paying for roads from a mixture of fuel duties and general tax revenue. For the politicians, though, road charging is lethal. The public’s first suspicion is that pricing would be just another tax, an interpretation that would seem plausible with today’s eye-watering budget deficits.…

    • 2405 Words
    • 10 Pages
    Good Essays
  • Good Essays

    In other words, the bigger businesses and manufacturers will not enjoy an incentive of lower taxes and this poses a question whether supply will really increase to counteract any increase in prices caused by the ripple effect of fuel prices.…

    • 730 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Consequently, from the reasons above, I think that private car owners deserve to be taxed for…

    • 265 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Our Environment

    • 630 Words
    • 3 Pages

    Our society today is depending more and more automobile transportation. Our country has the capability to decrease the prices of gasoline to a more socially acceptable level but we choose not to tap into our oil reserves and as our foreign relations are not becoming any friendlier, our prices at the gas pump are increasing at record levels. Some professionals estimate that, in five years, prices per gallon will reach up to five dollars per gallon. This shows the attempt of the government to make mass transportation be a more practical choice.…

    • 630 Words
    • 3 Pages
    Good Essays