Skip to comments.Senators propose 12-cent gas tax increase
Posted on 06/18/2014 9:48:43 AM PDT by Olog-hai
Two senators unveiled a bipartisan plan Wednesday to raise federal gasoline and diesel taxes for the first time in more than two decades, pitching the proposal as a solution to Congress struggle to pay for highway and transit programs.
The plan offered by Sens. Chris Murphy, D-Conn., and Bob Corker, R-Tenn., would raise the 18.4-cents-a-gallon federal gas tax and 24.4-cents-a-gallon diesel tax by 12 cents each over the next two years, and then index the taxes to keep pace with inflation.
The plan also calls for offsetting the tax increases with other taxes cuts.
(Excerpt) Read more at hosted.ap.org ...
California leads the way, again. We’re scheduled for a state increase of 12c by next year.
And how much have the sponsors and the rest of the political thieves stolen from the highway trust fund for other purposes?
The ads against Corker just write themselves...Corker wishes to raise your taxes by 12 cents per gallon. Corker is tone-deaf regarding the people he represents.
Just where the hell do these pompous asses think we’re going to get the 12 cents a gallon to pay for that increase?Since the demRats thoroughly wrecked the economy.
I guess they think I can just go to my Employer and order him to increase My pay enough to cover the increase.
God I Hate demRats.
Plan is to “settle” for less.
Another illegal revenue raising bill originating in the Senate. Ho hum...
Yeah, this will help the economy. Everything will be going up in price as a result and consumer spending will go down. Companies will not sit back and absorb this as their shipping and receiving costs go up; it will be past on to you and I. So, essentially, we will be taxed two and three times over as companies struggle to survive and we as consumers struggle to make ends meet.
Other taxes cuts? Are there no editors?
The republican led house and senate here in Washington have been pushing hard for the 12 cent gas tax ($1 Billion/ annually) for the last two years. the only reason it hasn’t gotten through is that the public and most of the elected are fed up with WSDOT mismanagement since 95% of this money would go to them for their mega projects and highway repairs. The local agencies (cities and counties) would only get about 5% of this money.
I have attended numerous public hearings on this matter and WSDOT is allowed to testify how broke they are and how badly they need this money although 90% of their system is rated as excellent!
There will never be enough money for incompetent, corrupt and selfish politicians.
Obama says energy costs must be made to skyrocket. Corker doubles down.
With millions of people living at the margins of financial stability, cutting and scrimping wherever they can, what happens to businesses that depend on their trade when people are squeezed even more and they have to tighten their belts further to pay the Corker Gas Tax?
Yeh like gas is not high enough already.
Did some research. He got this rated as “not a tax increase” so he could keep his pledge. Raising taxes 189 million in 2 years paid for by other special interest relief spread over 10 years. Sorry Bob, that’s an increase.
Don't forget to pronounce that as "shtruggle" for extra believability...
Argh! (on so many levels).
-We’re dealing with high gas prices already (which is driving down consumption, which is a big reason these clowns aren’t getting the gas tax revenue they “need” in the first place), and now these two clowns want to bleed us that much more at the pump? Argh!
-They’re going to ‘offset’ these tax increases by extending 50 different tax credits. Ah-huh. Somehow, I doubt most of us will enjoy the benefits of those tax credits at the pump. And, leave it to Congress critters to find a way to keep 50 different loopholes on the books.
So it’s okay when the government does this, but it’s BIG OIL and Halliburton are evil when the price goes up otherwise. This on top of Corbet’s PA tax hike is brutal.
Um...all of it.
So, they want to increase taxes on every American who drives but tell us they will offset that with Federal tax cuts which only benefit the wealthy elite.
Nope. Government gets enough money. Cut back on the welfare state to pay for roads.
Ah but that’s why it’s all excellent, dear taxpayer. Because we spent it all, which apparently was the correct amount!
There are always a few Republicans willing to join the Democrats and stab America in the back. Corker has been a BIG disappointment,
Very sane proposal. If only it would be concurrent with a rollback of utterly unnecessary regulations and corporate taxation too.
Add licensing costs to the electric cars that aren’t paying THEIR FAIR SHARE of highway funds.
Elites are all for it.
The middle and lower classes, not so much.
Me thinks the next American Revolution will have more of a French Revolution flavor to it, if you know what I mean...
Don’t they realize that Obama’s lack of policy in Iraq will add 12cents times 10 to gas prices causing another energy crisis?
Another Republican acting like a Democrat!
If that’s true, then the country will plunge further left.
...and then index the taxes to keep pace with inflation.
Pubs should come out with a plan to lower it 20 cents and settle for a 10 cent reduction.
And the push for hybrids and electric cars??? What taxes will they pay???
And I like the bovine excrement that they will cut taxes elsewhere when these highway taxes are raised. Yeah, sure they will.
Oh gee, thanks a million Bob Corker, RINO (aka, Democrat/Obama Collaborator) - Tenn.
WE WON'T FORGET!
Hope the two don’t find out what the vultures shoved through in MD. A 6% SALES tax of fuel.
Absolutely ZERO incentive to find ways to lower gas cost.
Good idea. It’s not like the fiasco in the Middle East is going to cause prices to skyrocket.
The six expired tax breaks identified by the senators as possible offsets for fuel tax increases are a research and development tax credit, certain expensing by small businesses, the state and local sales tax deduction, increasing employer-provided transit benefits to the same level as parking benefits, a deduction for spending by teachers on classroom supplies, and an increased deduction for land conservation and easement donations.The only one of those I sufficiently understand is the transit/commuter benefit (re-)increase.
When I was quite young, I believe gasoline was 25 cents in the mid 50’s.
What an islamist facilitating idiot.
How about ... NOT USING HIGHWAY TAXES TO PAY FOR "TRANSIT PROGRAMS" ...
Transit programs don't benefit highway users (and don't bother to repeat the bullsh!t about taking the burden off the roads. That's just crap) How about making TRANST programs pay for themselves.
The other cuts are either to narrowly targeted groups (ie teachers) or the wealthy. The increase would apply to just about everyone. The whole idea of this as an “offset” is total BS.
$6.00 gas, here we come!
Since the demRats thoroughly wrecked the economy.
I learned then that the two parties are two sides of the same coin. They have been playing “good cop, bad cop” with us for decades. I’m not falling for it any more.
The problem isn’t too little revenue, it’s WAY too much spending. We need to cut spending by $400B next year, $200B the following year, and then start looking for the hard cuts.
I REALLY HATE these people, they should be repealing the gas tax, not increasing it. Gasoline is already eating into my budget!
Utter insanity. Corker is an a@@, and playing ball with the lefties so he and his crony buddies are on the inside track for securing the TVA for themselves.
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