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A gasoline tax (also known as a gas tax, petrol tax, fuel tax or fuel duty) is a sales tax imposed on the sale of gasoline. Frequently, as in the United States, the funds are dedicated or hypothecated to transportation, or even roads, so that the gas tax is considered by many a user fee. In other countries, the gas tax is considered a source of general revenue and is not designated for roads. The demand for the automobile is relatively inelastic—a one percent increase in the price of gas will reduce quantity demanded by much less than one percent. As a result, a gasoline tax will be more effective at raising revenue than most other sales taxes; however, it will also be more regressive. A sales tax is a tax on consumption. ...
Petrol (gasoline in the United States and Canada) is a petroleum-derived liquid mixture consisting primarily of hydrocarbons, used as fuel in internal combustion engines. ...
Hypothecation (literally: hypothetical dedication) is a treatment and possible justification for government taxation or expenditure. ...
In economics, the price elasticity of demand measures the responsiveness of the quantity demanded of a good to its price. ...
A sales tax is a tax on consumption. ...
A regressive tax is a tax which takes a larger percentage of income from people whose income is low. ...
The first state tax was introduced in February 1919 in Oregon. It was a 1 cent per U.S. gallon tax. In the following decade, all 48 US States (and Washington, DC) introduced a gasoline tax, and by 1939 an average tax of 3.8¢ per U.S. gallon of fuel was levied by the individual States. While state gas taxes had been around for more than a decade, the first federal gas tax in the United States was created on June 6, 1932 with the enactment of the Revenue Act of 1932 (1 cent per U.S. gallon sold). The U.S. federal gasoline tax as of 2003 was 18.4 cents a U.S. gallon (4.86 ¢/L), and the gasoline taxes in the various states range from 10 cents to 33 cents, averaging about 22 cents (6 cents per liter). February is the second month of the year in the Gregorian Calendar. ...
1919 was a common year starting on Wednesday (see link for calendar). ...
State nickname: Beaver State Other U.S. States Capital Salem Largest city Portland Governor Ted Kulongoski Official languages None Area 255,026 km² (9th) - Land 248,849 km² - Water 6,177 km² (2. ...
Aerial photo (looking NW) of the Washington Monument and the White House in Washington, DC. Washington, D.C., officially the District of Columbia (also known as D.C.; Washington; the Nations Capital; the District; and, historically, the Federal City) is the capital city and administrative district of the United...
June 6 is the 157th day of the year in the Gregorian calendar (158th in leap years), with 208 days remaining. ...
1932 is a leap year starting on a Friday. ...
The Revenue Act of 1932 raised United States tax rates across the board, with the rate on top incomes rising from 25 percent to 63 percent. ...
The gallon is a unit of volume used for measuring liquids (as well as dry matter). ...
2003 is a common year starting on Wednesday of the Gregorian calendar, and also: The International Year of Freshwater The European Disability Year Events January events January 1 Luíz Inácio Lula Da Silva becomes the 37th President of Brazil. ...
The gallon is a unit of volume used for measuring liquids (as well as dry matter). ...
In most countries the gasoline tax is not imposed on fuel which is not intended for transportation such as fuel used to power agricultural vehicles and home heating oil which is identical to diesel. This creates an economic incentive to illegally use fuel not intended for transportation, which might be reduced by dying the non-transportation fuel. Diesel is a product used as a fuel in a diesel engine invented by Rudolf Diesel, and perfected by Charles F. Kettering. ...
In the People's Republic of China, the fuel tax has been a very contentious issue. Efforts by the State Council and the Communist Party of China to institute a fuel tax in order to finance the National Trunk Highway System have run into strong opposition from the National People's Congress, largely out of concern for its impact on farmers. This has been one of the uncommon instances in which the legislature has asserted its authority. The State Council (国务院, pinyin: Guówùyuàn) of the Central Peoples Government is the chief civilian administrative body of the Peoples Republic of China. ...
Communist Party of China flag The Communist Party of China (Simplified Chinese: 中国共产党; Traditional Chinese: 中國共産黨; pinyin: ) is the ruling party of the Peoples Republic of China. ...
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The Great Hall of the People, where the NPC convenes The National Peoples Congress (全国人民代表大会 in Pinyin: Quánguó Rénmín Dàibiǎo Dàhuì, literally Pan-Nation Congress of the Peoples Representatives), abbreviated PNCOTPR, is the highest legislative body in the Peoples Republic of China. ...
As of 2004 fuel duty in the United Kingdom is 50.19 p/L for unleaded petrol (US$3.60 per U.S. gallon in Jan 2005 money rates). 2004 is a leap year starting on Thursday of the Gregorian calendar. ...
Petrol pumps in Germany Petrol (commonly known as gasoline in North America, and sometimes also called motor spirit) is a petroleum-derived liquid mixture consisting primarily of hydrocarbons, used as fuel in internal combustion engines. ...
Effects of a gasoline tax Because of the inelastic nature of demand for gasoline, in the short run the tax will be an effective source of revenue. In the long run, however, people are more able to adjust their consumption of gasoline; that is, over a period of years, people will consume less as the price increases (by buying more fuel-efficient cars, for instance). Thus, some environmentalists have advocated a gasoline tax as a way to reduce reliance on environment-damaging fossil fuels. Environmentalism is activism aimed at improving the environment, particularly nature. ...
See also The tax horsepower was an early system by which taxation rates for automobiles were reckoned in some European countries, like Britain and France. ...
A carbon tax is any of several proposed taxes on energy sources which emit carbon dioxide into the atmosphere. ...
Fuel efficiency, sometimes also referred to as fuel economy and commonly gas mileage in the United States, is a numeric measure often used to describe the amount of fuel consumed with regard to the distance travelled in a transportation vehicle, such as an automobile. ...
The fuel protest was a series of protests held in the United Kingdom in 2000 over the cost of petrol. ...
2000 is a leap year starting on Saturday of the Gregorian calendar. ...
External link - Fuel tax (http://ww2.hmce.gov.uk/business/othertaxes/roadfuels.htm) in the United Kingdom
- History of the gas tax (http://www.artba.org/economics_research/reports/gas_tax_history.htm) in the United States
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