Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

4 of 7
BACKNEXT
A charge for going green
A charge for going green
The Feds will give you a $7,500 tax credit for buying an electric vehicle, but in Washington state, the government sings a different tune. A state senator there wants to charge you for the gas you're not buying.

Sen. Mary Margaret Haugen proposed an annual $100 tax for electric car owners when they register their vehicles.

The argument? The state pays for road maintenance through revenue collected from a gasoline tax. But drivers of electric cars use those roads too. It's only fair, Haugen says, they contribute to state coffers as well.

If approved, the tax is estimated to generate $500,000 through 2012. As electric vehicles become more popular, it could raise as much as $1.5 million in 2017 alone, Haugen estimates.

In contrast, drivers of conventional vehicles pay a gas tax of 37.5 cents per gallon, which for someone who drives 12,000 miles a year -- adds up to around $200 in state tax.



NEXT: Have any spare change, little league players?
Last updated March 03 2011: 2:08 PM ET
Overnight Avg Rate Latest Change Last Week
30 yr fixed3.36%3.43%
15 yr fixed2.65%2.69%
5/1 ARM2.87%2.93%
30 yr refi3.40%3.46%
15 yr refi2.69%2.73%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
More Galleries
Best-loved new cars of 2016 These cars are the most beloved among American drivers based on JD Power's annual survey of new vehicle buyers. More
This Indian university cranks out top-tier tech execs Many graduates from the Indian Institute of Technology have gone on to start and lead global tech companies. Here are a few of the most notable alums. More
Most valuable American car up for auction Carroll Shelby's own very first Shelby Cobra will be sold in August. It's almost certain to be the most valuable American car ever sold. More

Special Offer