The state of Texas has introduced an annual tax of $200 for electric cars at the time of registration renewal.
The energy transition, leading to greater use of electric cars, creates changes in taxation. States know that they can rely less on fuel taxes in the future, since electric cars will multiply. Reason why Texas just took a drastic step : that of a taxfor electric cars.
Thus, the owners of these vehicles will have to pay an annual fee of $200at the time of registration renewal. It will be added to $200 renewal fee that already exists for all vehicles. Greg Abbott, Governor of the American State, approved a law in this direction. Terry Canales, State Representative, spoke on this subject. He wants citizens pay a fair share for road use :
It is “important to ensure that people pay their fair share and that we have adequate funding for the preservation and maintenance of our highways in the future”.
A higher tax than in the past, but which yields less
This should not appeal to motorists using electric cars in the state. According to the EPA and the Federal Highway Administration, drivers of thermal cars indeed pay 130 dollars in taxes.
However, this measure on electric cars should only be a drop in the ocean of what the oil tax brings in. Thus, a return of $38 million is expected. The oil tax brings in, for its part, $3.8 billion. The latter is of $0.20 per gallon of fuel (i.e. approximately 3.8 liters).
A measure soon to be adopted everywhere?
Still, the results of this decision are likely to be closely followed by many States around the world. Faced with the development of electric cars and the slow decrease in thermals, the authorities risk facing a lower fuel tax revenue.
Reason why they have to find a parade. Texas is leading the way with this measure. Australia or Switzerland have already expressed their questions on this subject. To see what measures of this kind will be adopted.
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