fuel tax explained
#11
Rookie
Join Date: Mar 2011
Location: New Jersey
Posts: 30
The name of the game is keeping as much money in your pocket as possible. There's only one way to do that; pay the lowest net price you can find. Net price is the price you pay minus the state tax. Say you're going from Indy to Milwaukee. The pump price at the TA in Gary is 3.759, the Chicago North TA is 3.879, and the Petro at Racine is 3.979. Where do you fuel? Subtract each state's fuel tax from the price and you'll find that fueling in IL is .07/gallon cheaper than IN and .121/gallon cheaper than WI. Don't worry about what states you drive in and don't worry about whether you get a refund or write a check each quarter. Those things don't matter when it comes to keeping your money.
#12
Rookie
Thread Starter
Join Date: Jul 2011
Posts: 38
ok just to be clear.
I am supposed to take the pump price and subtract that states fuel tax in order to get the cheapest rate? In that case states like MO, and OK are great to buy fuel from... and what is so special about topping off in IL? I have also been told to pay the highest fuel tax, so that I have a return each quarter. My question now becomes which is the happiest medium between the 2?
#14
1-Up trucker said:
ok just to be clear.
I am supposed to take the pump price and subtract that states fuel tax in order to get the cheapest rate? In that case states like MO, and OK are great to buy fuel from...
They said that some "old school" truckers have been filing your head with stories of how thing "used to be." They also said that, all things considered, it is best to fill up in states with low tax rates... but... be willing to pay out at EOY if you haven't traveled the WHOLE country.
and what is so special about topping off in IL?
I have also been told to pay the highest fuel tax, so that I have a return each quarter.
THEY [the big Blue DEM-Commie machine that IS our government] is just "re-distributing the wealth" of Interstate Commerce to all the "poor states" who have nothing BUT cheap gas. What a "Socialistic" Ideal! lol.
My question now becomes which is the happiest medium between the 2?
What makes it a "happy" compromise for YOU... is that it FITS your market, your bottom line, and your conscience. Dang! I hope I haven't confused you. I wasn't even supposed to be "allowed" in this forum! Or so I was told! LOL!
__________________
Remember... friends are few and far between. TRUCKIN' AIN'T FOR WUSSES!!! "I am willing to admit that I was wrong." The Rev.
#15
Bingo. What I said. Don't listen to ME. Listen to these guys in THIS forum who've DONE it...and/or are DOING it.
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