So you are in favour of taxing Joe Sixpack in his Corolla to subsidise wankers in their EVs?
If your Nirvana happens and we are all trundling around in EVs, where does the government get the money to replace petrol tax?
Dropping income from the fuel excise is projected to put pressure on our road infrastructure going forward and there's no clear plan in place to solve the problem.
The latest Infrastructure Australia audit reveals the nation's growing population is putting "unprecedented" strain on roads, arguing the current development boom will need to become the "new normal" if our infrastructure is to keep up.
At the moment, fuel excise is Australia's main source of revenue from road use, but income from the excise has dropped 20 per cent since 1999 despite road use increasing during the same period.
The disparity between road use and fuel excise income is expected to grow as fuel efficient cars make up a greater percentage of our fleet, and electrified vehicles become more common.
What's more, budget forward estimates say the amount of fuel excise revenue being fed back into land infrastructure projects will be dialled back from 61 per cent in 2017/18 to just 32 per cent in 2021/22.
Wanna bet there won't be an excise charged at charge points? They will have to find some way to replace that excise. You lefties love taxes don't you?
