Content deleted Content added
Reverting edit(s) by 103.154.37.73 (talk) to rev. 1087291663 by Citation bot: Unexplained content removal (RW 16.1) |
→top: Fixed grammar Tags: Reverted canned edit summary Mobile edit Mobile app edit Android app edit |
||
Line 2:
{{Taxation}}
A '''fuel tax''' (also known as a '''petrol''', '''gasoline''' or '''gas tax''', or as a '''fuel duty''') is an [[excise tax]] imposed on the sale of [[fuel]]. In most countries the fuel tax is imposed on fuels which are intended for transportation. Fuels used to power agricultural vehicles, and/or home [[heating oil]] which is similar to [[diesel fuel|diesel]] are taxed at a different, usually lower rate. The fuel tax receipts are often dedicated or [[hypothecation (taxation)|hypothecated]] to transportation projects so that the fuel tax is considered by many a [[user fee]]. In other countries, the fuel tax is a source of general revenue. Sometimes, the fuel tax is used as an [[ecotax]], to promote ecological sustainability. Fuel taxes are often considered by government agencies such as the [[Internal Revenue Service]] as [[regressive tax]]es.<ref>https://apps.irs.gov/app/understandingTaxes/whys/thm03/les05/media/ws_ans_thm03_les05.pdf {{Bare URL PDF|date=March 2022}}</ref>{{failed verification|date=January 2019}}
==Role in energy policy==
| |||