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Former GM Vice Chairman: ‘I Would Raise the Fuel Tax 25 Cents a Gallon per Year’ (Lutz)
CNSNews ^ | April 17, 2012 | Patrick Burke

Posted on 04/18/2012 12:06:19 PM PDT by jazusamo

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To: zeugma
Zeugma, if you're going to yell, at least spell the damned word right.

FUNGIBLE.

61 posted on 04/18/2012 6:15:31 PM PDT by zeugma (Those of us who work for a living are outnumbered by those who vote for a living.)
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To: BobL

Interesting FReepname you’ve got there, in context.


62 posted on 04/18/2012 6:21:23 PM PDT by RegulatorCountry
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To: zeugma

“MONEY IS FUNGABLE!”

Of course it is. After all, what do you think EVERY STATE does that has a lottery to “help education”?

But it is different with a gas tax, as diversions only go ONE WAY - from drivers to the general fund (or something else). It’s NEVER the other way. In other words, if the federal gas tax in this country was raised to 45 cents, and ALL of the money was REQUIRED to be used for legitimate freeway expansion and maintenance - then highway spending would essentially triple and we’d get some really nice roads, WITHOUT TOLLS.

The dirty little secret that the government knows, but most people don’t know, is that HIGHWAYS ARE CHEAP, relative to what can easily be collected in a gas tax - that’s why Europe can get away with 10 dollar gas and spending virtually all of it on healthcare - people can and still drive there, lots of them.

An increase of 25 cents per gallon will cost the average driver around $120 per year, and will allow highways to keep up with traffic and NOT HAVE TOLLS. To me that sounds like a steal...and I suspect others agree, particularly when they have to spend over $10 a day in tolls (which is very easy to do here in Houston, and will be much easier for everyone when we let private companies run the roads).


63 posted on 04/18/2012 7:10:07 PM PDT by BobL
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To: RegulatorCountry

“Interesting FReepname you’ve got there, in context.”

Thanks, the tricky part was getting the software to show that I’ve had the account for years.


64 posted on 04/18/2012 7:11:31 PM PDT by BobL
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To: BobL

I wasn’t accusing you of being a BobJ retread.


65 posted on 04/18/2012 7:20:03 PM PDT by RegulatorCountry
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