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POLICY * USA - Truckers Exhale: No New Fuel Taxes, DOT says
Where is the money going to come from?
New York,NY,USA -Gerson Lehrman Group, by John Schulz -March 26, 2010: -- A top official of the Department of Transportation says the Obama administration has not changed its stance in opposition to raising the federal tax on motor fuels... The federal tax on motor fuel -- 18.4 cents on gasoline and 23.4 cents on diesel -- has gone unchanged since 1993, the opening days of the Clinton administration... Recently John Porcari,the Deputy DOT Secretary, told Congress that it "is still our position" not to raise the fuel tax in the wake of the recession. "That as we are in the beginning stages of a recovery, it is as important as ever to make sure that recovery is accelerated in every way possible"... Let's hope that acceleration doesn't include driving on any of our nation's congested, overused, and under-maintained highways. Recent reports show nearly one-half of the nation's bridges are structurally inadequate and perhaps as much as one-third of the Interstate highway system is in need of upgrading... Only problem is nobody in Washington has the guts to raise anyone's taxes in an election year. And that's a shame...
Labels: tax policys
posted by Unknown @ 5:12 AM
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