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AFP: Better Ways to Address Roads and Bridges than Punishing Tax Hikes*

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Unread 03.06.19, 04:37 PM
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AFP: Better Ways to Address Roads and Bridges than Punishing Tax Hikes*

03.06.19 01:36 PM

ARLINGTON, Va. – Americans for Prosperity’s Russ Latino, Vice President, Economic Opportunity Portfolio, issued the following statement after today’s House Ways and Means Committee infrastructure hearing. “While the U.S. has very real infrastructure needs in some targeted areas, a gas tax increase is the wrong way to address them.* Indeed, increasing the gas tax by 25 cents per gallon, as some testifying at the hearing have suggested, would claw back more than a quarter of the benefits of the Tax Cuts and Jobs Act—a reform that has put more money back into the pockets of Americans across the country.*Such an increase would more than double the current federal gas tax, hitting lower-income Americans and those living on a fixed income hardest, as they already pay a larger portion of their income to cover basic needs like food and fuel. “The better way to modernize and repair our nation’s roads and bridges is to target federal gas tax dollars toward the construction and maintenance of critical national priorities, allow state’s greater flexibility to address their needs, and unleash private investment. Currently, federal gas tax dollars are being diverted to projects that have nothing to do with roads and bridges, or which […]

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