EV Suppression

[Topguner]

A frequent topic to come up is why the automakers continue to produce ICE automobiles when they now have proven that EV's are viable and reliable vehicles. Of course there are as many conspiracy theories out there as there are used automobiles. The truth is easy enough to derive if you just follow the money.

The United States tax economy runs on oil. Simple as that.

The Federal government cannot allow for the introduction of Electric Vehicles on a large scale as it would undermine the tax structure that keeps the tax coffers full. This explains why such stringent rules are always set in place to prevent the vehicles from being mass produced.

On the average day the United States uses 400,000,000 gallons of gas. That is four hundred million gallons. The Federal tax on this is 18.4 cents per gallon.

If you take the daily use and multiply it by the number of days in a year you come up with 146 billion gallons of gas consumed per year. At 18.4 cents per gallon that is $27,000,000,000 (27 billion dollars) in Federal taxes yearly. That is a lot of tax revenue to try to replace!

The tax on gas at the state level varies a great deal, you can look up your state's fuel tax at http://www.virginiagasprices.com/tax_info.aspx

The average of 50 cents will be applied though, and that results in $73,000,000,000 (73 billion dollars) of state level taxes. That is a huge amount of tax revenue to have just go away. How would the government fund pet projects without that kind of money?

So in summary, to introduce a viable electric vehicle to the market would kill $100,000,000,000 in taxes. Plus it eliminates the easiest method the Federal government has for dipping in to your wallet.

On another note: Many people wonder why that 9/10 of a cent thing is on every gallon of gas price. There are many stories about this, one of them is probably true, but the fact of the matter is that that 9/10 extra on the price generates an additional $141,000,000 (141 million dollars) for the oil companies.

Now the answer to the question is fairly obvious. The United States government can't afford an electric vehicle industry.

[brokensoldier]

I dunno about that.

People would spend the money elsewhere - tv's, tuition, trips...and the government would tax that.  Reaganomics proved that when you lower taxes properly you increase tax revenue elsewhere. 

So if you had an extra two hundred bucks a month, what would you do with it? 

Bank it?  Fine - the government will tax the interest. 

Spend it?  Even better - direct taxation.

It doesnt matter if you buy gas or not, the government will get your money.

[TheOne]

Who care about US gov? Just do your own EV and save your money, its as simple as that!

Don't care about the GOV since  they don't care about you.

The oil should only be used for good/project that need oil like plastic etc...