Okay so...
Some more research, netted me some interesting results... In my home state, regardless of the price of tax, State Tax is 31 cents for every gallon of
gas sold. Federal Tax is 18.4 . (As of 2005, need to check up on any adds) Combined that is a total of $00.494 Dollars paid in tax for every gallon
(state and Federal).
www.projo.com...
Okay so According to address earlier in my thread, listed above (that sites AAA), there are 9,616,000 gallons a day used in Rhode Island, and in a
year 3,500,224,000 Gallons used just in Rhode Island.
If you were to multiple that by the tax, for the full state and federal tax money recieved in a year, it should come out to, if every gallon is taxed,
1,729,110,656 Billion dollars in both Federal and State tax from Rhode Island Gross Use of Gasoline Per year.
If considering just State Tax of 31 cents on the gallon. The State annual tax would equal 1,085,069,440.00 Dollars in Tax money just in Rhode Island
tax (to be used on Roads, Bridges, so on)
For Federal Tax at 18.4 Cents per Gallon. The total Federal tax Payout would equal $644,041,216.00 . . .
According to the Providence Journal Article listed above Annually Rhode Island collects $142.8 million From the pumps.
"While a cut might be a politically popular thing to do, Rhode Island relies heavily on the $142.8 million to be collected at gas stations this year
to finance road and bridge improvements and public-transit operations. "
That is a huge huge difference in total payout for Rhode Island Tax vs. the payout if every gallon was taxed. According to the Tax payout per year of
142.8 million, Rhode Island Pumps take in the tax of 460,645,161.29 Gallons of Gas a year.
460,645,161.29 x .31 = 142,799,999.9999($ in tax, for Rhode Island at the pump Tax per year)
3,500,224,000 - 460,645,161.29 = 3,039,578,838.71 gallons of untaxed gasoline in Rhode Island Per Year.
Yes thats over 3 billion gallons, not being taxed, nor used by Rhode Island citizens.
Time to find more sources Regarding Rhode Island Gasoline usage. The first source sites AAA as the source for gasoline usage per day in Rhode Island,
with 8.9 per capita.
The thing to remember is that always remind Americans, hey you use 300-400 Million Gallons of Gas a day.
350,000,000 x 7 = 2,450,000,000 a wk. x 52= 127,400,000,000 a yr.
127,400,000,000 / 50= 2,548,000,000 per state.
Thats 2.5 billion gallons per state
The numbers do not add up, considering my state based on taxes should only be using 1/5 of that amount. Something needs to be clearified. I am
thinking the numbers that do not add up, explain the real blame for demand..
According to the EIA (Energy Information Administration)
" Gasoline is used in most U.S. passenger vehicles with internal combustion engines. Americans use about 385 million gallons of gasoline every day.
With about 299 million people in the U.S., that equals more than a gallon of gasoline every day for each man, woman, and child. "
www.eia.doe.gov...
140,140,000,000/50 = 2,802,800,000 per state.
That's 2.8 Billion Gallons per state according to government agency.
Rhode Island uses 460 Million Gallons a year (as shown by my state's Tax on Gasoline). 460 Gallons per person a year (pop.=million+) 1.2 gallons a
day per person. Fits so tightly into that Government estimate it hurts. To perfectly. I just don't undestand why State Master's numbers are so
off???....
Someone prove me wrong.
[edit on 25-5-2007 by squidboy]
[edit on 25-5-2007 by squidboy]