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Sunday, June 23, 2013

Raising The Gas Tax

The federal gas tax (18.4¢/gallon) hasn't changed since 1993, but the cost of maintaining America's roads has increased substantially. Today on my America Weekend show, I talked with Matthew Gardner of the Institute on Taxation and Economic Policy about the options for fixing the way we pay for the repair of our infrastructure. We discussed raising the tax, indexing it to inflation, and charging people by the miles they drive, as well as proposals to charge an annual fee for hybrids and electric vehicles that use less gas to cover their share of the road cost.

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