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Senators propose 12-cent gas tax increase
Associated Press ^ | Jun 18, 2014 12:17 PM EDT | Joan Lowy

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 ...


TOPICS: Business/Economy; Food; Travel
KEYWORDS: bobcorker; energy; gasoline; gastax; highwaytrustfund; necessarilyskyrocket; obamunism; redistribution; senate; tax; thumbscrews; uniparty
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To: Truth29
And how much have the sponsors and the rest of the political thieves stolen from the highway trust fund for other purposes?

Um...all of it.

21 posted on 06/18/2014 10:07:41 AM PDT by Bloody Sam Roberts (Can anyone tell me who the head of the Muslim peace movement is?)
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To: Olog-hai

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.


22 posted on 06/18/2014 10:07:55 AM PDT by circlecity
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To: Olog-hai

Nope. Government gets enough money. Cut back on the welfare state to pay for roads.


23 posted on 06/18/2014 10:07:57 AM PDT by SoFloFreeper
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To: shotgun

Ah but that’s why it’s all excellent, dear taxpayer. Because we spent it all, which apparently was the correct amount!


24 posted on 06/18/2014 10:11:01 AM PDT by jiggyboy
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To: Olog-hai

There are always a few Republicans willing to join the Democrats and stab America in the back. Corker has been a BIG disappointment,


25 posted on 06/18/2014 10:11:06 AM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: SoFloFreeper

Very sane proposal. If only it would be concurrent with a rollback of utterly unnecessary regulations and corporate taxation too.


26 posted on 06/18/2014 10:12:27 AM PDT by Olog-hai
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To: Olog-hai
Notice the total disinterest by the media? We never heard the end of it when Bush was in office. Look at this article from 2007. Prices have more than doubled since then!!! Gas Industry Accused of Price Gouging
27 posted on 06/18/2014 10:12:57 AM PDT by Phillyred
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To: Olog-hai; GeronL

Add licensing costs to the electric cars that aren’t paying THEIR FAIR SHARE of highway funds.


28 posted on 06/18/2014 10:13:05 AM PDT by a fool in paradise (The new witchhunt: "Do you NOW, . . . or have you EVER , . . supported traditional marriage?")
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To: Olog-hai

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...


29 posted on 06/18/2014 10:15:29 AM PDT by TheDon (Californians are losing their right to keep and bear firearms one firearm at a time.)
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To: Olog-hai

Don’t they realize that Obama’s lack of policy in Iraq will add 12cents times 10 to gas prices causing another energy crisis?


30 posted on 06/18/2014 10:17:07 AM PDT by 1Old Pro
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To: Olog-hai

Another Republican acting like a Democrat!


31 posted on 06/18/2014 10:17:20 AM PDT by TexasCajun
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To: TheDon

If that’s true, then the country will plunge further left.


32 posted on 06/18/2014 10:17:51 AM PDT by Olog-hai
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To: Olog-hai

...and then index the taxes to keep pace with inflation.


The money quote.


33 posted on 06/18/2014 10:18:12 AM PDT by cuban leaf
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To: subterfuge

Pubs should come out with a plan to lower it 20 cents and settle for a 10 cent reduction.


34 posted on 06/18/2014 10:20:39 AM PDT by cableguymn (It's time for a second political party.)
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To: Olog-hai

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.


35 posted on 06/18/2014 10:23:45 AM PDT by Organic Panic
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To: Olog-hai

Skyrocket anyone?


36 posted on 06/18/2014 10:24:36 AM PDT by rktman (Ethnicity: Nascarian. Race: Daytonafivehundrian)
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To: Olog-hai
"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."

Oh gee, thanks a million Bob Corker, RINO (aka, Democrat/Obama Collaborator) - Tenn.

WE WON'T FORGET!

37 posted on 06/18/2014 10:25:08 AM PDT by StormEye
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To: Olog-hai

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.


38 posted on 06/18/2014 10:26:33 AM PDT by cyclotic (America's premier outdoor adventure association for boys-traillifeusa.com)
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To: Olog-hai

Good idea. It’s not like the fiasco in the Middle East is going to cause prices to skyrocket.


39 posted on 06/18/2014 10:30:14 AM PDT by Starstruck (If my reply offends, you probably don't understand sarcasm or criticism...or do.)
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To: circlecity
What are the other cuts? I don't understand, even after I read the linked full article:
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.
40 posted on 06/18/2014 10:31:22 AM PDT by pogo101
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