This one is for REAL!
Posted: Sat Nov 19, 2011 10:10 am
Will pay-per-mile be a buzzkill for American road trips?
snip:
So, what kind of money are we talking about here?
Translated into dollars and cents, fuel taxes cost each vehicle owner about $250 a year on average. According to a University of Iowa study, paying that amount on a per-mile basis would come to about 1.6 cents per mile.
Whether it is paid for through fuel taxes or taxing per-mile, it's clear the federal highway fund is in trouble.
By the end of 2012, according to the Congressional Budget Office, the fund will "be unable to meet its obligations in a timely manner" unless Congress injects even more life support from the general Treasury.
read it all:
http://www.cnn.com/2011/11/18/travel/pa ... ?hpt=hp_c1
snip:
So, what kind of money are we talking about here?
Translated into dollars and cents, fuel taxes cost each vehicle owner about $250 a year on average. According to a University of Iowa study, paying that amount on a per-mile basis would come to about 1.6 cents per mile.
Whether it is paid for through fuel taxes or taxing per-mile, it's clear the federal highway fund is in trouble.
By the end of 2012, according to the Congressional Budget Office, the fund will "be unable to meet its obligations in a timely manner" unless Congress injects even more life support from the general Treasury.
read it all:
http://www.cnn.com/2011/11/18/travel/pa ... ?hpt=hp_c1