Indiana recently became the latest state to suggest the idea of an “EV tax.” As we’ve covered before, several states have implemented additional yearly fees for electric vehicles. Even California floated the idea at one point.
At first glance, it seems almost reasonable – revenue from gas taxes is falling because cars across the board are using less (or no) gas; infrastructure spending is sorely needed but is only getting more costly thus squeezing budgets even more; more efficient cars, particularly electric cars, are getting by without paying their “fair share” because even though they use the same roads they don’t pay as much (or at all) to maintain them.
So why shouldn’t those “freeloading” EVs also be forced to pay a road use tax? Well, there are several reasons… expand full story