Got Gas? U.S. Economy to Worsen as Gas Prices Skyrocket

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dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
3-24-2011

Hybrids and electric cars don't pay enough gas tax so Congress moving to taxing cars by the mile

http://thehill.com/blogs/floor-acti...les-driven-a-real-option-for-raising-revenues


The Congressional Budget Office (CBO) this week released a report that said taxing people based on how many miles they drive is a possible option for raising new revenues and that these taxes could be used to offset the costs of highway maintenance at a time when federal funds are short.


The report discussed the proposal in great detail, including the development of technology that would allow total vehicle miles traveled (VMT) to be tracked, reported and taxed, as well as the pros and cons of mandating the installation of this technology in all vehicles.

The report was requested by Senate Budget Committee Chairman Kent Conrad (D-N.D.) Conrad asked. "Do we move to some kind of an assessment that is based on how many miles vehicles go, so that we capture revenue from those who are going to be using the roads who aren't going to be paying any gas tax, or very little, with hybrids and electric cars?"
 

ConstipatedVigilante

Diamond Member
Feb 22, 2006
7,670
1
0
3-24-2011

Hybrids and electric cars don't pay enough gas tax so Congress moving to taxing cars by the mile

http://thehill.com/blogs/floor-acti...les-driven-a-real-option-for-raising-revenues


The Congressional Budget Office (CBO) this week released a report that said taxing people based on how many miles they drive is a possible option for raising new revenues and that these taxes could be used to offset the costs of highway maintenance at a time when federal funds are short.


The report discussed the proposal in great detail, including the development of technology that would allow total vehicle miles traveled (VMT) to be tracked, reported and taxed, as well as the pros and cons of mandating the installation of this technology in all vehicles.

The report was requested by Senate Budget Committee Chairman Kent Conrad (D-N.D.) Conrad asked. "Do we move to some kind of an assessment that is based on how many miles vehicles go, so that we capture revenue from those who are going to be using the roads who aren't going to be paying any gas tax, or very little, with hybrids and electric cars?"

Fucking assholes.
 

Doppel

Lifer
Feb 5, 2011
13,306
3
0
Fucking assholes.
It's inevitable. When we are using GPS to track miles it will also be seamlessly tied into insurance and will motivate insurance premiums. When that happens you'll see far more variance in insurance rates, which will be a win for responsible consumers and those who drive like hell but have been lucky will be quickly caught by the satellites.

I drive an exceptionally fuel efficient vehicle and would like to NOT see this, selfishly, but it is fair. Gas has been taxed in part to pay for roadways and is a ballpark measure of how many miles you drive. The better way to see how much you're using the roads is by miles X your vehicle size. That won't be compelled into law for years at the earliest, but it will happen undoubtedly. It makes no sense to use an old model when times change. Alternatively gas taxes will go up as we all use more efficient vehicles, but that approach won't work for those with EV-supplemented or EV-based cars.
 
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Rebel44

Senior member
Jun 19, 2006
742
1
76
It's inevitable. When we are using GPS to track miles it will also be seamlessly tied into insurance and will motivate insurance premiums. When that happens you'll see far more variance in insurance rates, which will be a win for responsible consumers and those who drive like hell but have been lucky will be quickly caught by the satellites.

I drive an exceptionally fuel efficient vehicle and would like to NOT see this, selfishly, but it is fair. Gas has been taxed in part to pay for roadways and is a ballpark measure of how many miles you drive. The better way to see how much you're using the roads is by miles X your vehicle size. That won't be compelled into law for years at the earliest, but it will happen undoubtedly. It makes no sense to use an old model when times change. Alternatively gas taxes will go up as we all use more efficient vehicles, but that approach won't work for those with EV-supplemented or EV-based cars.

Increased tax on oil would IMO be better solution - at least that would encourage people to get cars with lower consumption.

x.xx$ per gallon tax would be much easier and cheaper to implement and monitor than some x.xx$ per mile system
 
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K1052

Elite Member
Aug 21, 2003
52,543
46,115
136
Some sort of mileage tax is inevitable. The state and federal highway funds that were propped up by gas tax revenues have been shrinking over the last decade and finally went bust a couple years ago.

In short, there will be little to no money to pay for highway upkeep in a few more years if things aren't changed.
 

TheSlamma

Diamond Member
Sep 6, 2005
7,625
5
81
Some sort of mileage tax is inevitable. The state and federal highway funds that were propped up by gas tax revenues have been shrinking over the last decade and finally went bust a couple years ago.

In short, there will be little to no money to pay for highway upkeep in a few more years if things aren't changed.
Problem is it's the SUV's and big trucks that are tearing up the roads. My stupid little Corolla does 1/6th the damage these land yacht's do to our roads.

I agree with Rebel44 we need to give incentives for people to drive stuff they should be driving anyway. there is a better way to tax then by the mile. Small business owners are going to get slaughtered even if they go out of their way to have a fleet of efficient vehicles.
 

werepossum

Elite Member
Jul 10, 2006
29,873
463
126
Some sort of mileage tax is inevitable. The state and federal highway funds that were propped up by gas tax revenues have been shrinking over the last decade and finally went bust a couple years ago.

In short, there will be little to no money to pay for highway upkeep in a few more years if things aren't changed.
I would much prefer to see gas taxes raised. It's much cheaper to implement, much less intrusive, much harder to cheat against, and rewards those who buys more efficient vehicles.

I doubt it has anything to do with GPS though. I'd guess it would be furnishing mileage figures when buying tags or checking mileage when doing emissions and/or safety inspections.
 

bamacre

Lifer
Jul 1, 2004
21,029
2
81
I'd rather us spend less money on killing people overseas than increase the gas tax.
 

Doppel

Lifer
Feb 5, 2011
13,306
3
0
Problem is it's the SUV's and big trucks that are tearing up the roads. My stupid little Corolla does 1/6th the damage these land yacht's do to our roads.

I agree with Rebel44 we need to give incentives for people to drive stuff they should be driving anyway. there is a better way to tax then by the mile. Small business owners are going to get slaughtered even if they go out of their way to have a fleet of efficient vehicles.
And you pay less by virtue of using less gas in your Corolla. The mile effect would undoubtedly relate to vehicle weight. And, yes, it would hurt small business owners, but they are hurt now anyway and if gas taxes go up to make up the diff when CAFE forces us all upward those who need the cargo vehicles will pay more. As will the poor unable to replace their vehicles, at least temporarily.

I would much prefer to see gas taxes raised. It's much cheaper to implement, much less intrusive, much harder to cheat against, and rewards those who buys more efficient vehicles.
I cannot see how this won't happen first; we'll see taxes go up on gas before we're all handed GPS devices.
I doubt it has anything to do with GPS though. I'd guess it would be furnishing mileage figures when buying tags or checking mileage when doing emissions and/or safety inspections.
Good point. And yes you're right, I jumped the gun, there is no need to go with GPS unless people start figuring out ways to cheat the odometer on their car. It would be quite easy to poll their miles when they register each year or get a safety inspection.
 

_GTech

Member
Mar 25, 2011
82
0
0
Oil - near $106 and rising

Mar 24 5:18pm:Oil prices peaked above $106 a barrel Thursday as nervous investors monitored global events

=============================

Just like before the last election, of course they need something to hold up as a flag and say, if you vote for me I'll make those oil companies pay...

Or did you think that the Government doesn't have control over this whole situation?

It's no small wonder that Donald Trump is trying to cash in on their plans by maybe running for president using Oil as a standing platform.

http://money.cnn.com/video/news/2011/03/21/n_trump_economy_iran_iraq.cnnmoney/

I watched a show, can't find it now, where he was on the phone on national TV, saying "end it now", and of course stocks started to fall, maybe the senators have something to seriously fear this time, Trump is very popular...

I think Trump may be the one, I'd vote for the guy, at least he will be visible & tell it like it is! Instead of hiding in the back drop & not making any changes at all, he could bring about much needed change.

Trump makes some very very interesting statement, just take Iraq for our self, Iran will take it if we don't, the moment we move out, boom... He says things that scare me too though, I don't think it would be wise to move to take land, that could be a mistake we will pay dearly for.
 
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Doppel

Lifer
Feb 5, 2011
13,306
3
0
Oil - near $106 and rising

Mar 24 5:18pm:Oil prices peaked above $106 a barrel Thursday as nervous investors monitored global events

=============================

Just like before the last election, of course they need something to hold up as a flag and say, if you vote for me I'll make those oil companies pay...

Or did you think that the Government doesn't have control over this whole situation?

It's no small wonder that Donald Trump is trying to cash in on their plans by maybe running for president using Oil as a standing platform.

http://money.cnn.com/video/news/2011/03/21/n_trump_economy_iran_iraq.cnnmoney/

I watched a show, can't find it now, where he was on the phone on national TV, saying "end it now", and of course stocks started to fall, maybe the senators have something to seriously fear this time, Trump is very popular...

I think Trump may be the one, I'd vote for the guy, at least he will be visible & tell it like it is! Instead of hiding in the back drop & not making any changes at all, he could bring about much needed change.

Trump makes some very very interesting statement, just take Iraq for our self, Iran will take it if we don't, the moment we move out, boom... He says things that scare me too though, I don't think it would be wise to move to take land, that could be a mistake we will pay dearly for.
Trump doesn't give a sh*t about you. And unlike Obama and other presidential candidates he won't even pretend to. If he took over the presidency he'd model the US as much as possible into a top-rich, corporatist mess (even more than it is becoming by itself). He wouldn't even have to be bought off by lobbyists, he'd do it all for free.
 

_GTech

Member
Mar 25, 2011
82
0
0
^^^ doesn't realize the US is not the global oil market.

No America is not THE as in only or 90% of the market, but that doesn't mean they aren't a major player in the market.

The United States is a huge consumer of oil, furthermore, just because most of the oil is found in foreign countries doesn't mean that America is not in the market as a seller, which would be far from the case, they are in fact a very large part of the market presently.

For a market to exist you must have a Sellers & a Buyer, for they compliment each other, what you don't realize though is, America is at the top of the food chain, so all those countries with all of their millions of barrels of oil are often without food & water supplies, making the #1 product in importance (food & water) extremely valuable to them.

In case you didn't know it, many of the protest in the middle east are over Food Prices believe it or not. America can fight ridiculous oil prices by raising the price of food and inflating the hell out of the US Dollar by printing lots of money (Presently about 10 Trillion has been printed), which in turn can cause an economical collapse in many countries, even our own, as you are seeing now and have been seeing for quite some time. Considering most countries trade on that dollar, that's a lot of power America has indeed!

America is able to combat other countries and will continue to do so if they want to get ridiculous with prices, so can we. It's in America's best interest to control prices world wide as it keeps prices in America low. Countries that fail to be reasonable quickly find themselves in revolt or revolution, for the people can only stand so much before they rise up. One serious problem is that many world leaders and organizations are becoming very aware of America's power and they aren't liking it either...
 
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_GTech

Member
Mar 25, 2011
82
0
0
Trump doesn't give a sh*t about you. And unlike Obama and other presidential candidates he won't even pretend to. If he took over the presidency he'd model the US as much as possible into a top-rich, corporatist mess (even more than it is becoming by itself). He wouldn't even have to be bought off by lobbyists, he'd do it all for free.

I think your view is very valid, furthermore, you have greatly changed my view of the man, and I thought he would be an OK guy, I guess we will have to stick with whatever puppet they put up for the election.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
3-27-2011

http://nptelegraph.com/articles/2011/03/27/news/40001478.txt


The increase in gas prices that drivers noticed Friday is likely to continue into next week

"During the next week, I expect retail pump prices will increase on a daily basis"

Some U.S. lawmakers have suggested that President Obama could cool off oil markets by opening the country's Strategic Petroleum Reserve.

Energy economists question whether that would do any good.

The U.S. imports very little oil from Libya and already sits on supplies that are well above average for this time of year.
 

_GTech

Member
Mar 25, 2011
82
0
0
3-27-2011

http://nptelegraph.com/articles/2011/03/27/news/40001478.txt


The increase in gas prices that drivers noticed Friday is likely to continue into next week

"During the next week, I expect retail pump prices will increase on a daily basis"

Some U.S. lawmakers have suggested that President Obama could cool off oil markets by opening the country's Strategic Petroleum Reserve.

Energy economists question whether that would do any good.

The U.S. imports very little oil from Libya and already sits on supplies that are well above average for this time of year.

Good read btw..

-----------------------------------------------

I suppose complaining or speculating on solutions may bring about no kind of change, then again, maybe we don't have to cry, Donald Trump has already been on National TV crying about Oil for quite some time now...

There may be a solution, like the last time the election rolled around, promises were made, and magically the oil prices fell after the election, imagine that...
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally Posted by dmcowen674
3-27-2011

http://nptelegraph.com/articles/2011...s/40001478.txt


The increase in gas prices that drivers noticed Friday is likely to continue into next week

"During the next week, I expect retail pump prices will increase on a daily basis"

Some U.S. lawmakers have suggested that President Obama could cool off oil markets by opening the country's Strategic Petroleum Reserve.

Energy economists question whether that would do any good.

The U.S. imports very little oil from Libya and already sits on supplies that are well above average for this time of year.



Good read btw..

-----------------------------------------------

I suppose complaining or speculating on solutions may bring about no kind of change, then again, maybe we don't have to cry, Donald Trump has already been on National TV crying about Oil for quite some time now...

There may be a solution, like the last time the election rolled around, promises were made, and magically the oil prices fell after the election, imagine that...

Well for seven years I dealt with the dolts on here that insisted it was supply and demand.

Now they just straight out admit they are all for raping of the country so at least that's an improvement.
 

Doppel

Lifer
Feb 5, 2011
13,306
3
0
Well for seven years I dealt with the dolts on here that insisted it was supply and demand.

Now they just straight out admit they are all for raping of the country so at least that's an improvement.
I'm glad I didn't miss that health class where they told us that drugs are bad.