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To: Olog-hai

I would not protest raising in the gasoline tax AFTER the use of the funds was limited to roads and not unrelated expenses like bike paths and parks.


3 posted on 08/05/2014 8:21:23 AM PDT by thackney (life is fragile, handle with prayer.)
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To: thackney

Yes, I would want to see a full accounting as to how the gas taxes are currently being spent, and some information on the bidding process, whether only union shops or those preferring certain demographics are allowed to get the work, etc. And an accounting of what happened to the “shovel ready” stimulus projects funds.


5 posted on 08/05/2014 8:26:06 AM PDT by NEMDF
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To: thackney
You ought to protest its very existence. It laid the pattern for other similar government Ponzi schemes.
Most of the excise taxes credited to the HTF are not collected by the Federal government directly from the consumer. They are, instead, paid to the Internal Revenue Service by the producer or importer of the taxable product (except in the cases of the tax on trucks and trailers, which is paid by the retailer, and the heavy vehicle use tax, which is paid by the heavy vehicle owner). As a result, most of the Federal fuel taxes come from a handful of States, those where major oil companies are headquartered, and most tire taxes are paid from Ohio, the home of the U.S. tire industry. Of course, these taxes become part of the price of the product and are ultimately paid by the highway user.

User taxes are deposited in the General Fund of the Treasury and the amounts equivalent to these taxes are then transferred on paper to the HTF. Transfers are made at least monthly on the basis of estimates by the Secretary of the Treasury and later adjusted on the basis of actual tax receipts. Amounts in the HTF in excess of current expenditure requirements are invested in public debt securities. Until October 1, 1998, the securities were interest-bearing and interest from the securities was credited to the fund. Since that time, the HTF balance has been invested in non-interest-bearing securities. …
That sound on the level to you? You really trust the government to administer any so called “trust fund” honestly when it never has, in any case?
7 posted on 08/05/2014 8:30:23 AM PDT by Olog-hai
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To: thackney

58 percent—oppose raising federal gasoline taxes to fund transportation projects such as the repair, replacement or expansion of roads and bridges.

Was gonna say.....maybe that’s because they know that’s not what the taxes are used for, and they wonder where the rest of the money already collected has gone.


29 posted on 08/05/2014 9:04:03 AM PDT by sheana
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