Re:Australia Is Quitting Coal in Record Time Thanks to Tesla
by Reason077 on Monday April 10, 2023 @07:17AM
(#35511085)
> “Fuel taxes are a trivial component to infrastructure upkeep, is my understanding.”
If that’s true, Australia needs to think about raising its fuel/vehicle taxes!
In the UK, the opposite is true: direct fuel and vehicle taxes raise 3-4X more revenue than is spent on roads annually[1]
[1] In 2021/22, £11.8 billion was spent on UK local and national roads, vs £28 billion raised from fuel duty and £7.1 billion from vehicle excise duty.
If that’s true, Australia needs to think about raising its fuel/vehicle taxes!
In the UK, the opposite is true: direct fuel and vehicle taxes raise 3-4X more revenue than is spent on roads annually[1]
[1] In 2021/22, £11.8 billion was spent on UK local and national roads, vs £28 billion raised from fuel duty and £7.1 billion from vehicle excise duty.