Fed Panel Recommends Gas Tax Hikes- Charging By the Mile
Look Out! Here comes the tax hikes…
A government panel released its report on Thursday calling for tax hikes on gasoline and charging motorists by the mile.
Raise federal gasoline taxes to help pay for road projects?
Not during a recession, Transportation Secretary Ray LaHood has said.
Then how about moving toward a system that finances highway construction by charging motorists by the mile?
…a special commission created by Congress is nonetheless endorsing those two ideas.
Its report Thursday warns that if government fails to find a new way to raise money, “we will suffer grim consequences in the future: unimaginable levels of congestion, reduced safety, costlier goods and services, an eroded quality of life, and diminished economic competitiveness as a nation.”
The National Surface Transportation Infrastructure Financing Commission says the current 18.4 cents a gallon gas tax and 24.4 cents a gallon diesel tax are not raising enough money to keep pace with the cost of highway, bridge and transit projects. The commission proposes lifting the gasoline tax by 10 cents per gallon and the diesel tax by 15 cents per gallon, and adjusting both for inflation.
The report also says fuel taxes increasingly will become a less reliable way to pay for highway construction as people drive more fuel efficient vehicles and the number of electric and alternative fuel cars and trucks grows…
Last week, LaHood said in an interview with The Associated Press that a vehicle-miles-traveled tax was an idea that should be considered to shore up the trust fund.
The report recommends moving to such a tax, which would mean equipping cars and trucks with a device that uses GPS technology to track the number of miles driven and compute the tax owed. The amount could be adjusted to charge more for travel during peak traffic hours.
The GPS devices could also keep tabs on the infidels who speak out against Dear Leader.
Any guesses on when the dems will push this through?