Re: Excise tax in application - Maybe in MN, not yet in IL - Saabnet.com Bulletin Board


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Re: Excise tax in application - Maybe in MN, not yet in IL
Posted by Bill Homer [Email] (more from Bill Homer) on Mon, 17 Jul 2017 14:13:35

In Reply to: Excise tax in application - Tesla drivers are getting a deal, Finch, Mon, 17 Jul 2017 09:37:16
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Here in Illinois, tax on the sale of gasoline was going into the "General Fund" and not necessarily earmarked for road repair; and due to weather extremes, our roads are pretty poor. We passed a referendum last November that was supposed to change this (the "Lockbox Amendment"), but until a few days ago we hadn't had a state budget for more than two years, so it was not implemented yet as far as I know.

Electricity for my house and garage (where my car gets charged) is currently delivered through one meter; the meter is a "smart meter" and reports hourly usage back to a billing center, and rates are supposed to be calculated and applied to my monthly electric bill. Seeing as that there are $20 - 30 of monthly overhead charges on each residential account, I'm not seeing that this will change any time soon, nor am I anxious to pay for rewiring a separate electric service with meter for just the car. I'm sure that there are other methods to handle this.

You feel that electric car drivers are getting a sweetheart deal on taxes, whereas some people view this as an encouragement to adopt new technology that has potential to make our world a better place - and to encourage America to maintain leadership in electric vehicle technology. The current federal tax credits on EVs will run out soon, I doubt that they will be extended. Not to get political, but some will also argue that a large chunk of federal taxes are used to ensure the incoming flow of petroleum from around the globe.

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