Marketplace: Is Cheaper Gas an Opening for Higher Taxes?
media mentionFederal money is drying up, as the national gas tax has remained at 18.4 cents per gallon. And more fuel-sipping cars on the road mean Americans are buying less gas to tax. Thus the urgency.
“When we see pretty fiscally conservative governors in states like New Jersey and Wisconsin either openly talking about gas tax reforms or at least not ruling it out right away, that says a lot about how serious this issue is,” says Carl Davis of the Institute on Taxation and Economic Policy.