Saturday, March 01, 2008

Gas Tax Revisited

As far as I can figure, we are currently paying 20 cents to the State of Minnesota for every gallon of gas we use. This week that was raised by 5 cents, so we will be paying 25 cents per gallon just to the State of Minnesota.

Here's a little chart. It also says that 62 cents per gallon is the average amount we spend on state and federal taxes.

Here's a little primer on the price of gas.

Let's see, 19% is the amount available for "refining and profits". 19% is also the amount the government takes and they don't have to do the refining.

My conclusion is that the big, bad oil companies (who are trying to turn a profit for their shareholders, by the way, they are not a public charity) aren't nearly as bad as the big, bad government.

Don't forget to vote when your state representatives and senators come up for re-election.

End of rant.

2 comments:

prairierose said...

Be happy! We pay $5.50 per gallon for gas in Brazil, but then people's salaries are lower!

Linda said...

My problem is not with the price of gas per gallon. My problem is with the out of control taxation in this country that is used to fund needless projects combined with no restraint on spending.