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On May 6, 9:31*pm, John Smith wrote:
On 5/6/2011 2:14 PM, John B. wrote: On May 6, 5:09 pm, wrote: On Fri, 6 May 2011 12:45:36 -0700 (PDT), "John B." *wrote this crap: I would venture to guess that the government makes more off the sale of a gallon of gas than is involved in all the profits of mining/drilling/pumping/transporting/sale of all the private sector business COMBINED! The profits to government is already a heinous crime of the highest level! Sir, you are correct. *The oil companies make only pennies per gallon at the pump. *However, (from Wikipedia): State Diesel Taxes, April 2009Fuel taxes in the United States vary by state. The United States federal excise tax on gasoline, as of February 2011, is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. In January 2011, motor gasoline taxes averaged 48.1 cents per gallon and diesel fuel taxes averaged 53.1 cents per gallon.[8] For the first quarter of 2009, the mean state gasoline tax is 27.2 cents per US gallon, plus 18.4 cents per US gallon federal tax making the total 45.6 cents per US gallon (12.0 ¢/L). For diesel, the mean state tax is 26.6 cents per US gallon plus an additional 24.4 cents per US gallon federal tax making the total 50.8 cents US per gallon (13.4 ¢/L). It's not the oil companies gouging us, it's the government. 45.6 cents is slightly more than 10 percent of what I paid per gallon to fill up my car yesterday. All the rest went to Sunoco. Did it now? *The station owner makes a profit. *The delivery company makes a profit. *The refineries and transportation companies get their cut. OK, fine, but your prior assertion was that the government took it all. Actually, you might mean me. *And, it is my belief that government DOES get over half of all the profit on a gallon of gas! *Through multiple taxes on multiple facets of the oil industry, shipping, storing, selling, etc. Regards, JS No, I meant Horvath. But none of the taxes you mention are paid by retail purchasers of gasoline. |
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