Warren
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Senate Republicans Propose $1000 Tax on Electric Vehicles to Fund Road Repair
But it's not just closing the flow of tax credits on these senators' minds. Going forward, EV owners would be charged a one-time $1000 fee at purchase under the proposed rules.
Senator Deb Fischer (R-NE) explained that this fee would recoup around 10 years' worth of federal gas tax revenue per car. Federal gas taxes, which were first imposed under the Hoover administration in 1932, are almost exclusively used to maintain and repair roads. The same is true for many states around the country — which poses a future funding problem for transportation agencies as EV adoption increases and gas tax revenue decreases.
"EVs can weigh up to three times as much as gas-powered cars, creating more wear and tear on our roads and bridges," Fischer said.
But it's not just closing the flow of tax credits on these senators' minds. Going forward, EV owners would be charged a one-time $1000 fee at purchase under the proposed rules.
Senator Deb Fischer (R-NE) explained that this fee would recoup around 10 years' worth of federal gas tax revenue per car. Federal gas taxes, which were first imposed under the Hoover administration in 1932, are almost exclusively used to maintain and repair roads. The same is true for many states around the country — which poses a future funding problem for transportation agencies as EV adoption increases and gas tax revenue decreases.
"EVs can weigh up to three times as much as gas-powered cars, creating more wear and tear on our roads and bridges," Fischer said.
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