The Associated Press

Just wait until she sees the bill.

Featured Topic | Posted 32 weeks 20 hours ago

Are you ready for a 40-cent-a-gallon gasoline tax hike?

Gas prices are higher than they've ever been. So the smart thing to do is make gasoline even more expensive, right?

A federal commission on Tuesday said it will recommend a 40-cent-a-gallon hike in gasoline taxes, using that money to fund badly needed improvements to the nation's transportation system.

Can families afford such a hit?

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Ben likes: Reallocate rather than raise the federal gas tax

Bill Hammond/The Waco Tribune

According to the National Center for Policy Analysis, only 60 percent of federal gas taxes are spent on highways. The 2005 highway bill allocated nearly $24 billion for 6,500 pork-barrel projects. The bill’s high priority project also missed the mark allocating millions of dollars for questionable projects such as the $315-million Alaskan Bridge to nowhere, $4 million for bike paths in California and $4 million worth of pedestrian improvements in Georgia. The 2008 transportation bill appears to be on the same track.

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Joel likes: The case for a war tax — on gas

Andrew Sullivan/TIME

The worst knock against a gas tax is that it is, well, a tax. Who likes that? But with soaring deficits and a war to pay for, taxes are not an option — they're a necessity. The only relevant question is, Which taxes? The case for a gas tax is a straightforward one. Gas prices are strikingly lower in America than anywhere else in the world; such taxes are relatively easy to collect; since an overwhelming majority of Americans drive, few avoid the tax; and by adding a cost to the wanton consumption of gasoline, you actually encourage conservation, accelerate fuel efficiency, reduce pollution, cut traffic and help wean Americans off the oil that requires the U.S. to be so intimately involved in that wonderful cesspool of rival hatreds, the Middle East. So what's not to like?

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