Why would you lower the cost of burning fossil fuels? It seems counterproductive.
Separating out the road use taxes like that will have to be done eventually. Is this a "rip off the band aid" approach?
Separating out the road use taxes like that will have to be done eventually. Is this a "rip off the band aid" approach?
Across Europe, "fuel taxes vary greatly [...] [taxes account] for 65-80% of unleaded petrol price and 60-80% of diesel prices"[0]
All those [EDIT: hundreds of] billions raised from the sale of petrol and diesel is going to have to be found somewhere else instead.
Taxing electricity more, or taxing charging - or driving - somehow, or by taxing the sale of EVs themselves?
[0] https://www.eea.europa.eu/publications/ENVISSUENo12/page024....
But that would be far easier and cheaper than implementing some GPS tracking system in 31 million vehicles, where's the 9-figure contracts that can be given to the mate of a minister?
However road users like socialism when it's stuff they want to be subsidized.
Taxing sales directly doesn't make sense - sure recoup the externalities of lithium mining when the manufacturers buy the lithium, but to charge a consumption tax unrelated to damage done doesn't seem much sense to me.