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Government
Congress should raise gas tax: Sen. Corker
2015-01-07
[CNBC] It's time for Congress to hike the federal gas tax and actually solve a fiscal problem instead of "kicking the can down the road," Sen. Bob Corker, R-Tenn., told CNBC on Monday.
Right on %*@#ing schedule. Rat bastards.
Taxes just went up, with the income taxes included in Obamacare kicking in this year, including a 55 percent estate tax.
Let's all wait until 2018 or so to die, then, after all this nonsense is rolled back.
The tax, or user fee, funds infrastructure repairs and improvements and hasn't been raised since 1993. Instead, Congress has been dipping into the general treasury to keep the dwindling Highway Trust Fund solvent.
That implies it's destined to continue to go up... and up... and up...
Here's a heretical thought: what if we spent the Highway Trust Fund only on highways?
"What Congress has done five times since 2008 is literally generational theft, just stealing from future generations out of the general funds to pay for infrastructure because Congress is going to fund infrastructure but not in the appropriate way," Corker said in an interview with "Closing Bell."
They're [too many impending years in purgatory to use that particular language] incapable of comprehending the connection between transportation costs and economic growth.
Posted by:Fred

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