“Americans for Tax Reform said it is still opposed to the idea of increasing the gas tax, despite the recent decline in fuel prices.”
Irrelevant. Gas is taxed at 18.4 cents a gallon whether a gallon costs 3 dollars or 1 dollar. If anything, taxes should be lowered since as prices go down, the tax takes a larger chunk away from oil companies, in effect coating jobs.
“If anything, taxes should be lowered since as prices go down, the tax takes a larger chunk away from oil companies, in effect coating jobs.”
The thing is that the Dems (with a lot of Republican help) might just do that...taking it a step further, and simply replace the gas tax with road pricing...or maybe give the states the right to road price...and many states would just LOVE IT.
My family buys about 1,000 gallons of gas a year - my entire federal gas tax is under $200. If they use road pricing Texas will be able to easily increase my cost of driving to $2,000...and I’ll still drive, because there aren’t many options.
But a lot of people on our side will be happy...because there will be “no more gas tax”.