Re: Steamed up my afternoon
$4.20 (includes state sales tax, state gas tax, plus federal gas tax).
Subtract 6% state sales tax, $4.20 = $3.96 or $0.24/gal in sales tax
Michigan has $0.19/gal state gas tax
Federal gas tax is $0.184/gal (unless it is 10% ethanol then you subtract $0.045 for a total of $0.139/gal)
Since I try not to use gasahol in my non-flex fuel car, of that $4.20/gal, roughly $0.614/gal is taxes.
So the government is making almost 62 cents per gallon while Exxon/Mobil makes 7% of 3.34 = $0.2338 or about 24 cents/gal.
Which one is the real problem?
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“Eating and sleeping are the only activities that should be allowed to interrupt a man's enjoyment of his cigar;” Mark Twain
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