Today, the price of gas is $1.75 per gallon higher than it was during the legislature's last session. Who knows what the price will be when they convene.
The average fleet mpg rating is sharply on the rise, meaning less gas tax revenue. Plus, gasoline usage is down, meaning less gas revenue.
So, the question is how much will they have to raise gas taxes to off set the revenue loss?
Plus how much will they have to raise the gas tax to pay for non toll-able roads?
Plus how much will they have to raise the gas tax to pay for your free roads?
There is going to be a lot of squirming in Austin next year.
Squirming....more than you think. Seen this?
http://www.statesman.com/search/content/region/legislature/stories/06/24/0624salestax.html
The average fleet mpg rating is sharply on the rise, meaning less gas tax revenue. Plus, gasoline usage is down, meaning less gas revenue.
So, the question is how much will they have to raise gas taxes to off set the revenue loss?
Plus how much will they have to raise the gas tax to pay for non toll-able roads?
Plus how much will they have to raise the gas tax to pay for your free roads?
Revenue loss? Don't you mean the speculative spending of revenues which weren't there? When I went to school, there was an adage: Don't count your chickens before they hatch.
BTW- I'd rather NOT have a TTC sprawled across Texas-period.
The average fleet mpg rating is sharply on the rise, meaning less gas tax revenue. Plus, gasoline usage is down, meaning less gas revenue.
DRILL HERE! DRILL NOW! PAY LESS!