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Tuesday, December 12, 2023

Florida lawmakers considering how to deal with lost gas tax revenues due to rise in electric cars

JACKSONVILLE, Fla — State estimates project revenues for Florida’s Transportation Trust Fund could dwindle by as much as 20 percent over the next 20 years.

The reason: The increasing popularity of electric cars that avoid the state’s gas tax.

Florida ranks second in the nation for the most EVs.

15 comments:

  1. Just wait...our summer heat will kill those EV batteries quickly. Then get ready for a 16K+ battery replacement cost.
    Gas ain't going anywhere.
    Sedition

    ReplyDelete
  2. The government charge by the mile via the car's computer is coming and it won't replace gas tax, it'll be in addition to gas tax.

    ReplyDelete
    Replies
    1. My old cars don't have computers...

      Delete
    2. You're a member of a small club that gets smaller each year.

      Delete
  3. That's an easy fix. Just charge more for annual license plates, and add a new tax at point of sale.

    ReplyDelete
  4. Illegal immigration costs Florida more than 8 billion a year. Start there to make up the revenue. Source: https://www.prnewswire.com/news-releases/fair-illegal-immigration-costs-florida-taxpayers-more-than-8-billion-a-year-301766188.html
    - WDS

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  5. Love how politicians are so concerned over our welfare. I live on the Delaware river across from Trenton NJ. NJ raised the tax on cigarettes to stop people from smoking. NJ people now come across the river to PA to buy cheaper cigarettes. NJ politicians complain about all the lost tax revenue.

    ReplyDelete
    Replies
    1. I used to cross the “Trenton Makes” bridge a couple of times a month to buy cheap cartons of smokes in Morrisville, Pennsylvania, and that was 20 years ago, when a pack of smokes in NJ was $4.

      Delete
  6. Require EV's to charge only via renewables, wind, solar etc. Then tax it a lot!

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  7. Don't they have an electric utility tax? Taxes and fees were 23% of my last electric bill in Illinois.

    ReplyDelete
    Replies
    1. Utility taxes cannot be used on roads.

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    2. The legislature can pass a law to change that.

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  8. Government could eliminate the tax and budget better.
    And Santa Claus is coming to town....

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  9. I think charging EV's by the mile sounds good except I think they want to do that to all of us in addition.

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  10. I've been saying for a couple years that they're going to have no choice but to put GPS in every car (I know know most have them now) and you'll pay based on mileage.

    Didn't Oregon or Washington State have a pilot program like that?

    ReplyDelete

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