Commentary: Six Solutions to Move Beyond Threats to the Gas Tax
On the heels of President Obama’s announcement of his new jobs proposal, largely centered around infrastructure investments, and still reeling from the impact of the recent debt ceiling battle, it’s time for Congress and the rest of America to brace themselves for another big battle. It’s one that is sure to incite the “no tax under any circumstances” sentiment that has swept the nation courtesy of the Tea Party and will have large implications for each of us.
On September 30, the federal gas tax, currently at 18.4 cents per gallon, is scheduled to expire. And if it is not renewed, there will be serious implications, not the least of which will be an assured increase in the number of unemployed.