Article

2014-12-09 Economy

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Posted by Fred 2014-12-09 00:00|| || Front Page|| [1 views ] Top

#1 The Highway Trust Fund is broke

Cause all the two bit pols on both sides of the aisles have raided it for everything but sustaining the infrastructure.

Posted by Procopius2k 2014-12-09 08:36|| 2014-12-09 08:36|| Front Page Top

#2 This is a tax that makes more sense than most. Revenues are nominally directed to an area of need, and one that is related to the tax. Prices are down, so tax increase would not accelerate an instability. And if taxing something means you will get less of it (energy consumption), then that isn't all bad either. Plus, alternate energy projects would suffer less if conventional prices were stable and high.

Posted by Glenmore 2014-12-09 08:39|| 2014-12-09 08:39|| Front Page Top

#3 As P2k noted, the Highway Trust Fund is empty precisely because, just like Social Security, the politicians have replaced real money with worthless IOU's. Raising the gas tax would have exactly zero effect on improving highway infrastructure, since they'd just add the increased revenue to their insatiable "entitlement" pile.

Posted by PBMcL 2014-12-09 10:49|| 2014-12-09 10:49|| Front Page Top

#4 In addition to pilferage at both the federal and state levels, the tax take is down due to federal vehicle mileage mandates. You didn't know irony was a fuel additive, did you?

Posted by SteveS 2014-12-09 11:07|| 2014-12-09 11:07|| Front Page Top

#5 The fact that the tax hasn't gone up in 20 years implies it's okay if it goes up regularly. The guy's arguments would have a lot more force if the tax had gone down when prices went up. Instead it's the same old call for more taxes from the same old set of social engineers. Notice that since we have a new oil boom the argument's not for conservation but for maintenance that should have been done but wasn't.

Posted by Fred 2014-12-09 11:42|| 2014-12-09 11:42|| Front Page Top

#6 The Highway Trust Fund is broke

That's why people don't want to repair the highways.

Posted by gorb 2014-12-09 11:43|| 2014-12-09 11:43|| Front Page Top

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