John Hennessy III,
P.E.
Robbie Diamond is the Founder, President and CEO of Securing America’s Future Energy (SAFE). In 2006, he came together with Frederick W. Smith, Chairman, President, and CEO of FedEx Corporation, and General P.X. Kelley, USMC (Ret.), 28th Commandant of the Marine Corps, to form SAFE’s Energy Security Leadership Council, a group of prominent business leaders […]
View this complete post...Innovation NewsBriefs
Vol. 23, No. 31
Although some infrastructure advocates are hoping to use the current budget negotiations to win support for an increase in the federal gasoline tax, the idea is unlikely to gain support in Congress or the Administration. While the 2010 Simpson-Bowles deficit-reduction commission proposed raising the federal gas tax by 15 cents/gallon as part of a broad deficit-reduction plan, neither House Speaker John Boehner (R-OH) nor Senate Majority Leader Harry Reid (D-NV) have endorsed the idea.
View this complete post...Innovation NewsBriefsVol. 23, No. 30 Reprinted from the National Journal’s Transportation Experts Blog, “Moving the Dial on the Gas Tax,” week of November 12 (Comment by Kenneth Orski, Publisher of Innovation Briefs) As one senior congressional aide confided to us, “I don’t see our constituents lobbying to raise the gas tax. The only people we […]
View this complete post...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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Autobloggreen has put together an interactive map detailing the amount of money a consumer is charged in taxes whenever they fill up at the pump. With a 70 cents per gallon tax on gasoline, Connecticut ranks highest among the 50 states, while Alaska ranks lowest with a 26.4 cents per gallon. “…gas tax is – […]
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Ethan Pollack joined the Economic Policy Institute in July 2008. Prior to joining EPI, he worked at the Office of Management and Budget and the George Washington Institute of Public Policy. His areas of interest include public investment, fiscal policy, transportation, and budget and tax policy. His work has been used in numerous publications, and he has appeared as a guest on CNN, Fox News, BBC World News, Canada TV, Russia Today, and WNYC.
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U.S. PIRG
Highways do not—and, except for brief periods in our nation’s history—never have paid for themselves through the taxes that highway advocates label “user fees.” Yet highway advocates continue to suggest they do in an attempt to secure preferential access to scarce public resources and to shape how those resources are spent.
A new report from the National Commission on Fiscal Responsibility and Reform says that “Our nation is on an unsustainable fiscal path…The problem is real, and the solution will be painful.” The Commission recommends a 15-cent per gallon gas tax increase to fund transportation infrastructure.
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John Horsley is Executive Director of the American Association of State Highway and Transportation Officials (AASHTO). From 1993 to 1999 he served as Associate Deputy Secretary at the U.S. Department of Transportation. A native of the Northwest, Horsley was elected to five terms as County Commissioner in Kitsap County, a community just west of Seattle. He is Past President of the National Association of Counties, and was founding Chairman of the Rebuild America Coalition.
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