That is true: the government has more income than anyone and the more they claim, the worse the economy. The growing income inequality between the federal government and the income of Exxon, Ford, Intel, Boeing, Walmart is bankrupting us.
The map above from API shows gasoline taxes by state (combined local, state and federal), which range from a low of 26.4 cents per gallon in Alaska to a high of of 66.1 cents per gallon in California, averaging 48.1 cents per gallon across all states. How does that compare to oil company industry profits per gallon?
According to this post on Exxon Mobil’s Perspective Blog , “For every gallon of gasoline, diesel or finished products we manufactured and sold in the United States in the last three months of 2010, we earned a little more than 2 cents per gallon. That’s not a typo. Two cents.”
http://www.dailymarkets.com/economy/2011/04/27/gasoline-taxes-vs-exxon-profit-per-gallon/
We’ll know the Feds are serious about electrical and alternative fuel vehicles when government is no longer so dependent on gasoline taxation for revenue.