What would you replace the loss of tax income with? As electric...

  1. 11,564 Posts.
    lightbulb Created with Sketch. 469
    What would you replace the loss of tax income with?

    As electric cars are SO cheap to run, would you then get a smaller tax deduction per km using the log book method or go back to the separate rates based on the size of the engine (as no longer available from 1 July 2015) - ie nil for electric, as you are already claiming depreciation.

    Whilst rubber is still on the road, roads & bridges still have to be built & maintained.

    Maybe a tax on the maximum Nm vehicle can put to the ground.

    Ie the Telsa Roadster with 10,000Nm charge $1 per Nm (per annum in the registration) over say 1000Nm, after all you do pay a higher rego for a V8 (as well as more tax via a fuel excise).

    This will counter the taxes lost in fuel & excise or where does this lost revenue come from?
    Are we all to share the burden with a higher general tax on behalf of the electric car owners?

    Probably not a bad idea, remove the excise to purchase, get them hooked & ramp up taxes for the on road to fill the void created?

    Can guarantee this is already being looked at  by the bean counters.

    https://reneweconomy.com.au/electric-vehicle-uptake-will-drain-fuel-tax-revenue-report-warns-88827/
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.