Non-IT News Thread
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@Dashrender said:
Huh, according to this, it appears that Gas is taxed at a flat per gallon rate, not a percentage.
http://www.api.org/oil-and-natural-gas-overview/industry-economics/fuel-taxes/gasoline-taxCalifornia = 59 cents per gallon
Nebraska = 46 cents per gallonThere are different kinds of taxes at different points.
I am intimately familiar with the taxes at the Terminal level. The terminal level is the point where the tanker trucks fill up with fuel to take to the stations.
Federal and State Motor Fuel Taxes (MFT) are applied at that time. MFT taxes are flat, and not % based.
I am familiar with them because I re-wrote an invoicing application for a terminal company.
Here is a load of standard Unleaded with 10% Ethanol. Units in this case is gallons.
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@JaredBusch said:
@Dashrender said:
Huh, according to this, it appears that Gas is taxed at a flat per gallon rate, not a percentage.
http://www.api.org/oil-and-natural-gas-overview/industry-economics/fuel-taxes/gasoline-taxCalifornia = 59 cents per gallon
Nebraska = 46 cents per gallonThere are different kinds of taxes at different points.
I am intimately familiar with the taxes at the Terminal level. The terminal level is the point where the tanker trucks fill up with fuel to take to the stations.
Federal and State Motor Fuel Taxes (MFT) are applied at that time.
I am familiar with them because I re-wrote an invoicing application for a terminal company.
Here is a load of standard Unleaded with 10% Ethanol. Units in this case is gallons.
So where ever that customer is, their tax burden is 37.89 cents a gallon.. that's really good.
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@Dashrender said:
@JaredBusch said:
@Dashrender said:
Huh, according to this, it appears that Gas is taxed at a flat per gallon rate, not a percentage.
http://www.api.org/oil-and-natural-gas-overview/industry-economics/fuel-taxes/gasoline-taxCalifornia = 59 cents per gallon
Nebraska = 46 cents per gallonThere are different kinds of taxes at different points.
I am intimately familiar with the taxes at the Terminal level. The terminal level is the point where the tanker trucks fill up with fuel to take to the stations.
Federal and State Motor Fuel Taxes (MFT) are applied at that time.
I am familiar with them because I re-wrote an invoicing application for a terminal company.
Here is a load of standard Unleaded with 10% Ethanol. Units in this case is gallons.
So where ever that customer is, their tax burden is 37.89 cents a gallon.. that's really good.
No, that is still prior to sales taxes and such. this is ONLY the MFT. There are more taxes at the station level that I am not familiar with like this.
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@gjacobse they valued that at $5000 a pound? I feel like that is a gross overestimation....
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@RojoLoco
I didn't do the numbers... And I don't know jack about that trade.. But at 1,500 pounds.. that is a long time of smoking.. -
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Researchers at Caltech find evidence that suggests ninth planet in our solar system (10th if you still count pluto)
http://www.caltech.edu/news/caltech-researchers-find-evidence-real-ninth-planet-49523
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How the heck do we mistake Pluto for a planet for a century and miss a "real ninth planet?
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@scottalanmiller I think it has to do with how far out it is.... its estimate closest point to the sun is 5x further out then pluto.
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@brianlittlejohn said:
@scottalanmiller I think it has to do with how far out it is.... its estimate closest point to the sun is 5x further out then pluto.
Yeah, they said it is 20x the distance of Neptune, and Neptune is even farther out than Pluto (on average.)
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@scottalanmiller The data suggests an eliptical orbit of ranging from 200AU at the periapsis and and up to 1200AU at apoapsis. Neptune averages 30AU from the sun.
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that's about 20x then
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Of course it may not exist at all... the models they ran are explaining what may be affecting orbits of smaller objects from the kuiper belt.
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It will be interesting to see if they actually find it.
