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Drivers may soon be taxed on miles instead of gas – Illinoisnewstoday.com

Drivers may soon be taxed on miles instead of gas – Illinoisnewstoday.com

Washington (WTVO) – As an alternative to federal gas tax, national tax per mile may soon be tested. Currently, drivers pay a federal gas tax when they fill a car with a pump. However, with the increase in electric and hybrid vehicles, fewer people are buying gasoline. This new tax will lead everyone to pay

Washington (WTVO) – As an alternative to federal gas tax, national tax per mile may soon be tested.

Currently, drivers pay a federal gas tax when they fill a car with a pump. However, with the increase in electric and hybrid vehicles, fewer people are buying gasoline. This new tax will lead everyone to pay the tax, whether or not they buy gas.

Travel expenses for a vehicle’s mileage are usually measured over a year. Forbes.. This means that every time you use a car that year, it costs the car owner extra. The more miles a person drives, the more money he pays to the government.

The Vehicle Frequent Flyer Tax Pilot Program is part of President Joe Biden’s $ 1 trillion infrastructure package, with privacy concerns associated with tracking vehicle mileage and the government knowing when and where people drive. ..

Analysts say the new price is likely to take at least 10 years to take effect.

Drivers may soon be taxed on miles instead of gas

Source link Drivers may soon be taxed on miles instead of gas

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