he Institute on Taxation and Economic Policy has proposed the most logical and realistic analysis of and recommendation on this tax issue. The full report should be reviewed by everyone, but especially by our legislators.
Here are the first few paragraphs from this very comprehensive report:
“The gas tax is the single most important source of transportation funding for the federal government. Together, taxes on gasoline and diesel fuel raise more than $30 billion per year, or 85 percent of the revenue flowing into the nation’s transportation spending account.