November 10, 2015

Huffington Post: States Searching For Ways To Pay For Construction And Maintenance Of Roads And Bridges

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“New, more fuel efficient cars have eaten into gas tax revenue. Furthermore, many gas tax rates—including Oregon’s 30-cent levy—have not kept up with inflation. In Oregon the effective tax rate will fall to less than 24 cents per gallon in inflation-adjusted terms within 10 years, according to the Institute on Taxation and Economic Policy, a nonpartisan think tank. That decline would basically undo the state’s 6-cent increase in 2009, ITEP noted.”

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