Posted on 12/04/2014 6:59:46 AM PST by C19fan
Nationally averaged gas prices ticked down a little lower today -- yet again -- to $2.75 per gallon. They're now more than 50 cents lower than they were a year ago. So no wonder, at a time like this, the murmur is growing: Maybe Congress ought to think about raising the national gasoline tax.
It was last raised, in the year 1993, to 18.4 cents per gallon. That's over 20 years ago, and gas prices at the time were close to the now unimaginable $1.00 per gallon mark. Yet the amount of the gas tax was fixed and not tied to inflation -- so it has not changed since. (U.S. states also charge gasoline taxes; the national average is about 23.5 cents.)
(Excerpt) Read more at washingtonpost.com ...
How 'bout we quit wasting trillions of dollars on gibsmedat? Then we can afford all the infrastructure maintenance and improvements we need.
Take the money from EPA, Homeland inSecurity and the IRS and transfer it to infrastructure spending. Cut back on the Obama’s white hut expenses. DC has more than enough funny money to spend.
For an overall map, see here (If the link doesn't work for you, the map indicates that TX gets $0.91 back per $1.00).
That’s overall. But I’m interested in the allocation of federal motor fuels taxes whose revenues are a user fee and are used for road construction and maintenance.
If Willie Green were still here, he could tell you why we need increased fuel taxes - to subsidize rail road travel and add more choo choos.
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