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In reply to the discussion: Senators propose 12-cent gas tax increase [View all]muriel_volestrangler
(106,218 posts)Last edited Wed Jun 18, 2014, 04:45 PM - Edit history (2)
Ideally, this would be a part of a tax-and-dividend scheme for all carbon dioxide pollution - put a tax on fossil fuel electricity generation and heating too. But a 'high' gas tax for the US is 71 cents per gallon in California. That's minuscule. In the UK, it's 60% of 130p - 78 pence - per litre. That's more than 4 times 7 times the California rate (I forgot the exchange rate - 78p/litre = 78*1.7*3.78 = $5 per US gallon).
The US federal gas tax has been 18.4 cents for over 20 years. This proposed increase would just catch up with inflation since 1993, and then keep pace. In a world that is exterminating species, causing deaths by extreme weather, I don't think it's much to expect one of the world's richest countries to keep its gas tax in line with inflation.