Two senators are proposing to raise federal gasoline and diesel taxes for the first time in more than two decades as Congress struggles with how to pay for highway and transit programs.
Senators Chris Murphy, a Connecticut Democrat, and Bob Corker, a Tennessee Republican, pitched their plan Wednesday as a bipartisan solution to replenish the federal Highway Trust Fund. That fund is forecast to go broke in late August.
The plan would raise the 18.4 cents a gallon federal gas tax and 24.4 cents a gallon diesel tax by 12 cents each over the next two years, and then index the taxes to keep pace with inflation.
The plan calls for offsetting the tax increases with other taxes cuts, possibly including extending federal tax breaks that expired this year.
Offset them huh. I dont think they understand that the offset wont correspond with the increase for each citizen unless they refund dollars as offset per gallon used.
Nah, If you're paying attention you'll see that they agree on quite a few issues. In fact, its safe to say the list of things they disagree on may be full of high profile issues but its definitely the shorter list.
The plan would raise the 18.4 cents a gallon federal gas tax and 24.4 cents a gallon diesel tax by 12 cents each over the next two years, and then index the taxes to keep pace with inflation.
How about indexing my paycheck to keep pace with inflation!!!!!!
The plan would raise the 18.4 cents a gallon federal gas tax and 24.4 cents a gallon diesel tax by 12 cents each over the next two years, and then index the taxes to keep pace with inflation.
How about indexing my paycheck to keep pace with inflation!!!!!!
Haven't you heard? Some are looking to push the minimum wage to over $10/hr and a few cities have already raised the minimum wage to $15/hr.
Yes they have been cooking the books (hate that expression) and telling us it's all good when any fool that pays his own way KNOWS this is not true, and far from it. It is going to be MEGA inflation too (my new term) going to make the Carter era look like a cake walk.
Nothing else to do when you can't stop spending but can control the hard value of your own dept. I think that most union and government jobs have an "inflation" cost of living raise in their contracts so when they are forced to admit it, it's going to get rough. Well that is for the rest of us shmucks anyway who won't get a raise but will pay for theirs and our own cost of living.
The "Middle Class" needs to set a date, then just stop going to work as protest to all the latest Government Crap we've had shoved down our throat. Just keep calling in sick, the Country will shut down immediately, and they'd have to change. Now I know there no way in hell this would ever happen, but it would be "Magic".
These numbskulls are single handedly killing this country via taxation, they don't have the money to fix there problems (that they caused) what makes them think we do, PA just recently did this through the state taxation and it is horrible. its close to making it worth it to drive to NJ to fuel up.
