2.7 Vehicle Miles Traveled (VMT) Tax
The next section of the model relates to imposing a state vehicle miles traveled tax, or VMT tax). Again, the default answer is “No”. (see below)
If you would like to impose a VMT fee, change the answer to “Yes”. Once the answer is changed to “Yes”, a new set of options appear.
You are asked to enter the rate (in cents per mile) of the VMT tax on personal vehicles as well as the rate (again, in cents per mile) of the VMT tax on commercial vehicles. (See appendix for criteria used to differentiate between personal and commercial vehicles). Next, you are asked to enter the effective date of the tax. Finally, if you wish to stop collecting the state gasoline tax and/or the state diesel fuel tax you have that option by entering the last year in which the fuel tax will be collected. If you want to continue collecting the fuel tax in addition to the VMT tax, set the value to 2035. For decimal values less than one, you will need to enter a preceding zero first. (see below)
Share with your friends: |