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submitted 1 year ago by mastermind@lemm.ee to c/asklemmy@lemmy.ml
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[-] SpezBroughtMeHere@lemmy.world -3 points 1 year ago

But how would we have roads??

[-] azimir@lemmy.ml 4 points 1 year ago

They're not referring to the federal road tax , but the $0.009 in the price.

The US actually has a legal denomination that is 1/10 of a cent, called a mill. It's 1/1000 of a dollar. It's very rarely used, and was never actually minted. The closest we had were 1/2 cent coins (5 mills), but those were short lived coin denominations in the 1700's.

So, why do gas stores get to use mills in their prices? I don't know, but I'm sure they do it either for a legal reason that outdated, because they get to derive extra profit per transaction, or because it's an extreme form of the ¢99 advertising trick.

In any of those cases it's really annoying.

[-] sulfate7016@lemm.ee 4 points 1 year ago

Well the federal gas tax is 18.4 cents per gallon, and the state gas tax where I am is 28.5 cents per gallon, for a total of 46.9 cents per gallon, that's where the $0.009 comes from.

[-] argentcorvid@midwest.social 3 points 1 year ago

It mattered a lot 100 years ago when gas was like 5.5 cents a gallon.

this post was submitted on 20 Aug 2023
705 points (96.8% liked)

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