Trump Considers Raising Gas Tax To Pay For Infrastructure

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    Get ready to pay more at the pump. So is it going to be considered “patriotic” to pay more at the pump? – PB/TK 

    Trump Considers Raising Gas Tax To Pay For Infrastructure – By Kelly Phillips Erb May 2 2017

    President Donald Trump continued to talk taxes this week and offered a new twist: he is considering a boost to the U.S. gas tax. Long considered an unpopular move with individual motorists, there hasn’t been a bump in the federal gas tax in more than two decades.

    In an interview with Bloomberg, Trump suggested that the idea was floated by the trucking industry. When asked about raising the gas tax, he said he was considering it because “[t]he truckers have said that they want me to do something, as long as that money is earmarked to highways…” He explained that the idea was raised during a meeting with the trucking industry who “would like it, because they say the roads are in such bad condition.”

    Infrastructure has been a sticking point in budget discussions because of cost. Trump said about the price tag, “The Democrats want infrastructure, they want a trillion-dollar bill, and I’m totally open to that. We are in agreement there.” He then emphasized, “I think where I’m in most — best agreement with the Democrats are that and trade.”

    Continue to forbes.com article: https://www.forbes.com/sites/kellyphillipserb/2017/05/02/trump-considering-raising-gas-taxes-to-pay-for-infrastructure/#48490c63179a

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