June 30, 2008 at 12:44 am
#771495
Inactive
@AmCan 167087 wrote:
Gasoline is subsidized in the US? Where is the subsidy and why are you the only one who knows about it? I believe the price different between US and Europe is based on higher taxes on fuel in Europe. US gas tax is 18.4 cents a gallon Unless a lack of taxes is now considered a subsidy.
So they say the US’s largest creditor is china, followed by japan. I guess they’re paying for the war.
So i stand to be corrected. Its not a subsidy but small taxes in comparison to EU. Doesn’t change the premise of my point though…