Never seen it like that before, gives me food for thought, like I said, I in no way shape or form claim to an expert in Politics or any of that stuff, so thanks for putting it that way John, I just work hard for my paycheck and I want to keep as much of it as possible.
<S>
Bronk hit on something you should think about as well iTunes. That when we tax big companies, the big company just raises the price of the good or service and in the end, we (the common guys) pay the tax. That is how that works. The same thing goes for gasoline. Regardless of the cost, the gas companies still make far less than does the government. In some cases much, much less.
18.4 cents a gallon goes to the federal government
state to state taxes are different, some are fixed dollar amounts, others are percentages. A few examples of different states are:
California 63.9 cents per gallon plus 6% Gross Sales Tax. 1.25% county tax. 1.2 cpg state UST fee. plus local sales tax.
Colorado (where I live) is 40.4 cents a gallon. Already we are paying 58.8 cents a gallon in just tax.
New York 59.6 cents a gallon plus between 3.1 to 4.5% local county tax on gross sales receipt.
Texas 38.4 cents per gallon.
The average gas company makes between 4 and 9 cents a gallon that is sold.
Kind of interesting when you really look at the numbers and realize where all the money goes.
