Extreme gas prices affect lower income households in all probability probably the most, according to a model new study. If the value of car gasoline reaches $6 per gallon, drivers incomes as a lot as $40,000 per 12 months will be spending 11% to 38% of their after-tax take-home pay. By comparability, these making $150,000 or additional are paying 2.8% to 4.9% of their after-tax earnings, according to a study by car insurance coverage protection app Jerry. “Rural drivers would take a fair greater hit than metropolis and suburban residents, paying 9.4% of their after-tax income at $6 a gallon,…