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On 5/12/2011 3:19 PM, RHF wrote:
On May 7, 3:59 pm, wrote: "John B." wrote: On May 6, 9:31 pm, John 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. The end consumer pays all of the taxes as they are reflected in the price at the pump. Elsewise, where does the money come from except from the end consumer as it flows up the chain? and... Then The-End-Consumer Asks For Higher Wages To Pay For All Those Taxes Both Listed and [Hidden] and in the end you get a cycle of spiraling inflation... Remember before the 1970's when price controls where in effect, prices remained stable and inflation was 0%? Grandmas' and grandpas' retirement would carry them to their end days, leaving enough for an inheritance to family and friends? That is what inflation is all about, stealing from grandma and grandpa to pay the new workers, so the rich/elite/tax-sheltered don't have to contribute! Regards, JS |
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