Top Reasons Congress Should Reject a Gas Tax Hike

  • 04/29/15
  • AEA
  • Gas Tax
Congress created the Highway Trust Fund (HTF) in 1956 to fund construction of the Interstate Highway System. The HTF is funded primarily though an 18.4-cent per gallon federal excise tax on gasoline. Funding for the HTF expires May 31, and with the HTF facing a budget shortfall, some in Congress have proposed raising the federal gasoline tax. Below are 6 reasons why Congress should reject any attempt to hike gasoline taxes to pay for the HTF.
  1. The federal gas tax has outlived its...

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