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Overnight Energy: Trump open to gas tax increase
 [The Hill] IS THE GAS TAX ON THE TABLE? President Trump on Monday floated raising the gasoline tax to pay for a roads and bridges improvement package, adding a new twist to the upcoming congressional debate over spending on infrastructure.In an interview with Bloomberg News, Trump said he would "certainly consider" a gas tax hike "if we earmarked money toward the highways." The gas tax last went up under President Clinton. There is little appetite among most conservatives for raising the gas tax now, though some Republicans have supported proposals to increase it, as many states have done. Trump has made passing a $1 trillion infrastructure package a top priority for his first term in office. He is also pushing for an overhaul of the federal tax code, though he did not include a boosted gas tax in the proposal the White House released last week. Posted by: Besoeker 2017-05-02 |
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