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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 462.34-1.0%Feb 10 4:00 PM EST
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To: Maurice Winn who wrote (132465)3/22/2017 12:50:24 PM
From: philv  Read Replies (1) of 220131
 
Good answers Maurice. In Canada, governments put a big tax on gasoline, ostensibly to pay for roads & bridges, maintenance & so on. Here in B.C., it is getting close to 50% of the price at the pump.

news1130.com

Governments are very good at taxing, and I doubt they would relinquish the loss of taxes due to electric cars. Which means that some way or another, those taxes would be added to the electricity bills. That of course would not be fair to those who do not drive, so the vehicle battery charging outlet would have to have it's own meter - which is probably an easy thing to do with the new smart meters?

But you are right, electricity rates would have to compete with the gasoline price at the pump. I do recognize there are other factors, both pro and con to both electric cars and gasoline vehicles.
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