I read a great op-ed column in The New York Times today titled “The Clear Case for the Gas Tax.” It explains the importance of not only passing a new gas tax by September 30th but also strongly considering raising the tax. It is important that everyone know the impact of what raising the gas tax would do.
For those that don’t know, Americans pay an average of about 43 cents per gallon in taxes. This is only about one-eighth the average gas price. Countries in Europe are paying twice what we do in the US for gas and half of Europe’s cost is in taxes. I don’t think we need to go anywhere near their numbers, but Americans would much rather see gas prices increase to repair roads, create new transportation projects and create more jobs rather than inflate the profits of oil and fuel companies.
I want to make sure everyone is aware of the importance of Washington passing a gas tax bill. At a minimum we need a gas tax extension, although I would prefer at least a slight increase to stimulate infrastructure projects in transportation. What would you like to see happen with the gas tax?
– Ben Dundas, Web Analyst
Follow me @ben37dBG
Today’s Transportation and Logistics News:
Survey: Local solutions, tolls wanted for road repair
The gasoline tax expiration date is coming soon
US Diesel Prices Hit 24-Week Low
Obama Funds Biofuels Projects for Ships, Planes
Abolish the federal fuel tax?
FTR Shippers Condition Index Improves Slightly
The results of the 20th Annual Study of Logistics and Transportation Trends (Masters of Logistics)