“It would probably completely unwind the benefit of the recent tax cut for the middle class.”
It would cost me about $250 a year (avg $4/week increase).
My problem with a tax like this is that the money probably won’t be used for roads once the Trump Administration ends.
My problem with a tax like this is that the money probably won’t be used for roads once the Trump Administration ends.
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Right on!
It won’t be used for roads during the Trump admin. It goes straight into the general fund now. They spend it on whatever they want.
I admit when I’m wrong. I looked it up. It does go into a transportation trust fund. However, Congress can raid that fund to use it for other things. I found this from the Cato Institute.
Since 2008, Congress has had to replenish the trust fund with $55 billion in general funds. This isn’t, however, a subsidy to highways; in the last decade, Congress has diverted well over $55 billion of gas taxes to non-highway projects.
I burn between 50-100 gallons a week..
Oh hell no..
the gas is to damn high already.