John Hennessy III,
P.E.
Transportation Issues Daily
It’s predictable: when gas prices soar, some people will start advocating for a gas tax holiday. With gas prices having increased in each of the last 22 days, we’re sure to see tax holiday proposals surfacing soon. Forbes calls the holiday notion a “silly but shiny idea”.
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INSTITUTE ON TAXATION AND ECONOMIC POLICY
State gasoline and diesel taxes (often just called “gas taxes”) are the most important source of transportation funding under the control of state lawmakers. Every state levies both of these taxes.
Unfortunately, most state gas taxes are built to fail. Thirty six states levy only a fixed-rate tax that collects the same number of cents in tax, year aft er year, on every gallon of fuel purchased. But as this report shows, inflation has been eating away at these fixed rate taxes as the price of asphalt, concrete, and other transportation construction inputs continues to grow almost every year.
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November Public Forums at the Boston Public Library Boston Room, 700 Boylston St., Boston, MA 02116 November 15, 2011, 4:00 – 5:30 PM The Massachusetts Infrastructure Investment Coalition (MIIC) is identifying the long-term needs for infrastructure investments to support economic development and improve the quality of life for the citizens of Massachusetts. The coalition […]
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November Public Forums at the Boston Public Library Boston Room, 700 Boylston St., Boston, MA 02116 November 1, 15, 29, 2011, 4:00 – 5:30 PM The Massachusetts Infrastructure Investment Coalition (MIIC) is identifying the long-term needs for infrastructure investments to support economic development and improve the quality of life for the citizens of Massachusetts. The […]
View this complete post...September 27, 2011 — Everyone talks about it, but not everyone knows exactly where it comes from: funding for roads and bridges in Michigan. The Michigan Department of Transportation (MDOT) has put together this video to explain the main sources of funding for roads and bridges, how funding doesn’t go as far as it used […]
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THE AMERICAN JOBS ACT
The American people understand that the economic crisis and the deep recession weren’t created overnight and won’t be solved overnight. The economic security of the middle class has been under attack for decades. That’s why President Obama believes we need to do more than just recover from this economic crisis – we need to rebuild the economy the American way, based on balance, fairness, and the same set of rules for everyone from Wall Street to Main Street.
Transportation Issues Daily SAFETEA-LU will be renewed for six months under a Senate-House agreement reached late Friday. Congress will likely vote on the deal within the week. See Deal would Prevent USDOT Shut Down for details. In addition to three great aspects of the proposed extension, there are three concerning elements: 1. The Highway Trust […]
View this complete post...UNITED STATES CHAMBER OF COMMERCE
Written by: Bruce Josten
For the sake of near- and long-term job creation, stronger economic growth, and enhanced U.S. competitiveness, the Chamber strongly supports robust surface transportation reauthorization legislation that addresses revenue shortfalls and includes necessary and urgent policy and program reforms.
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