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Re: Re: Gas or Oil out, What is the problem????



Total taxes state, federal and local are about 0.40 per gallon. It isn't
clear if this number includes corporate income taxes which of course are not
truly gasoline taxes. Federal taxes are about $0.18 per gallon, and again it
isn't clear exactly what is included. Information from Chevron's web site
with whatever biases tehy may have (see
http://www.chevron.com/newsvs/currentissues/gasoline/california_gasoline_pri
ces.htm).

Duncan Fletcher
dfletche@gte.net


----- Original Message -----
From: <CMKSAGEHIL@aol.com>

> The "direct" Federal tax may be only $.04 per gallon, but estimates of
hidden
> federal taxes on the fuel industry are at something over $.40 per gallon
at
> this point, from what I understand.
>
> Heidi
>





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