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Udo
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Location: Black Hills, SD/Ensenada/San Felipe
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New York, California and Washington state have the highest gas taxes.
Quote: Originally posted by ncampion | Quote: Originally posted by rts551 | Petroleum tax revenues make up more than 50% of all government revenues in Mexico. Its how they are paying for infrastructure improvements...
I suppose they could do away with that and start charging income, property taxes etc...How would the poor people fare then?
California has the one of the highest gas taxes in the US and more roads than anywhere in the USA....In Arizona we have lower gas taxes....and boy do
we have lower quality roads.
Nothing is free, although some people seem to think so. |
The Mexican federal government gets most of its income from the sale of gasoline and electricity. Their income from income tax is very low, partly
because the economy is heavily "cash" based and difficult to tax. The fact that they heavily tax the things that the poorer people must use is not
very just at all. There is no "graduation" of taxes for rich vs poor, they all pay the same for energy. On top of that, the roads here suck!
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Udo
Youth is wasted on the young!
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rts551
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Quote: Originally posted by durrelllrobert |
Just a coincedence? Alaska has the lowest gas tax at $0.3065 and it's a Rebublican controled stae. The 4 states with the highest gas tax are all
Democrate controlled states:
Pennsylvania @$0.688, Washington @ $0.629, Hawaii @ $0.6075 and California @ $0.5902.
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Alaska? that is because they imposed a tax rate of 35%
on the production of oil.
http://www.tax.alaska.gov/programs/programs/index.aspx?60650
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durrelllrobert
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Under AS 43.55.201, the State collects a 1 cent per barrel conservation surcharge on taxable oil produced if there is less than $50
million in the Hazardous Release Fund. The State also collects an additional 4 cents per barrel conservation surcharge under AS 43.55.300.
Bob Durrell
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SFandH
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Quote: Originally posted by durrelllrobert |
Just a coincedence? Alaska has the lowest gas tax at $0.3065 and it's a Rebublican controled stae. The 4 states with the highest gas tax are all
Democrate controlled states:
Pennsylvania @$0.688, Washington @ $0.629, Hawaii @ $0.6075 and California @ $0.5902.
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To make a meaningful analysis of this type you need to look at all the taxes collected, income taxes, property taxes, sales taxes, fees etc. You would
also need to look at the costs involved for each state and how big their budget surpluses/deficits are. You are really over simplifying things.
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durrelllrobert
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Quote: Originally posted by SFandH | Quote: Originally posted by durrelllrobert |
Just a coincedence? Alaska has the lowest gas tax at $0.3065 and it's a Rebublican controled stae. The 4 states with the highest gas tax are all
Democrate controlled states:
Pennsylvania @$0.688, Washington @ $0.629, Hawaii @ $0.6075 and California @ $0.5902.
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To make a meaningful analysis of this type you need to look at all the taxes collected, income taxes, property taxes, sales taxes, fees etc. You would
also need to look at the costs involved for each state and how big their budget surpluses/deficits are. You are really over simplifying things.
| Simple is as Simple does. Thread was only about gas prices.
Bob Durrell
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rts551
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Quote: Originally posted by durrelllrobert |
Under AS 43.55.201, the State collects a 1 cent per barrel conservation surcharge on taxable oil produced if there is less than $50
million in the Hazardous Release Fund. The State also collects an additional 4 cents per barrel conservation surcharge under AS 43.55.300.
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Those are in addition to the 35%. Read and quote the whole thing....not just selectively.
"The State of Alaska imposes a production tax, under AS 43.55, on oil and gas produced in the state. The current tax rate of 35% was set in 2013 by
Senate Bill 21 (commonly known as the More Alaska Production Act or “MAPA”). The tax is based on the net value of oil and gas, which is the value at
the point of production, less all qualified lease expenditures. Qualified lease expenditures include certain qualified capital and operating
expenditures. "
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Bajahowodd
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Great graphic. Thanx.
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akshadow
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[rquote
Alaska? that is because they imposed a tax rate of 35%
on the production of oil.
http://www.tax.alaska.gov/programs/programs/index.aspx?60650
[/rquote]
35 % is on the "tax is based on the net value of oil and gas, which is the value at the point of production, less all qualified lease expenditures.
Qualified lease expenditures include certain qualified capital and operating expenditures. " so it is far from a true 35%/
Ron San Felipe Oct, Nov. Feb. Mar. April. remainder in Juneau Ak
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chuckie
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That's good to know...Whew! Load off my mind.
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