But CBO backed away from the idea in a Thursday report detailing how raising the gas tax might be a better way to boost federal highway funding.
In its new report, CBO noted past arguments that a VMT tax might be more "economically efficient," and might be a better tool to find funding for repairing damaged roads. But CBO then warned that implementing a VMT tax would be "much more complex" that just raising the gas tax, a sign it has given up on the idea.
But CBO backed away from the idea in a Thursday report detailing how raising the gas tax might be a better way to boost federal highway funding.
In its new report, CBO noted past arguments that a VMT tax might be more "economically efficient," and might be a better tool to find funding for repairing damaged roads. But CBO then warned that implementing a VMT tax would be "much more complex" that just raising the gas tax, a sign it has given up on the idea.
But CBO backed away from the idea in a Thursday report detailing how raising the gas tax might be a better way to boost federal highway funding.
In its new report, CBO noted past arguments that a VMT tax might be more "economically efficient," and might be a better tool to find funding for repairing damaged roads. But CBO then warned that implementing a VMT tax would be "much more complex" that just raising the gas tax, a sign it has given up on the idea.
Ask any trucking company about VMT - it IS complicated AND expensive!