"Complaining
About Gas Prices"
(Before
you complain, consider this - Over Half of the Price of Gasoline is Tax)
(Note:
According to an internal EPA memo,
the
proposed Global Warming Treaty advocated by Vice President Al Gore
would
require at least an additional 50 cent per gallon tax on gasoline.)
When
you cruise on over to the gas station to fill up your car’s gas tank,
you
naturally assume that you are paying for gas.
What
you don’t realize is that over half of what you pay
goes
to the government in taxes rather than for the gas.
The
federal government adds an excise tax of 18.3 cents on every gallon of
gas.
Each
state then adds an additional excise tax now averaging 19.4 cents per gallon.
This
adds up to a total of 37.7 cents per gallon.
Based
on recent price data from the Energy Information Administration of the
U.S. Department of Energy,
these
taxes account for about 28 percent of what you pay for a gallon of gas
at the pump.
For
a car with a standard 15 gallon gas tank,
a
tax of 37.7 cents per gallon adds up to $5.66 per fill-up.
The
Tax Foundation estimates that the average American household
will
spend $422 this year on these taxes alone.
But
that is not all.
The
government imposes 43 different direct and indirect taxes
on
the production and distribution of gas.
The
total tax burden
amounts
to 54 percent of the price of a gallon of
gas.
is
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