The Washington Post floated the ideas that increasing the federal gas tax could behave as a “rough” carbon tax designed to help fight global warming.
The U.S. Chamber of Commerce’s half-hearted campaign to convince the Trump administration to impose higher gas taxes might benefit activists who want a carbon tax. The chamber believes increasing the tax will help pay for a nearly $1 trillion infrastructure proposal.
American drivers “would pay about $108 more per year” if the tax goes through, while also helping to offset the costs of building better roads. “It’s also a rough — too rough, admittedly — proxy for a carbon tax, which would help the environment,” WaPo’s Editorial Board wrote in a piece Thursday.
The chamber, a business lobby group not known for supporting sales taxes, announced earlier this month a campaign for a 25-cents-per-gallon increase, phased in over five years and indexed to inflation. It has also supported similar proposals in the past. Congress could pass the plan via a voice vote, which would then need to be signed by President Donald Trump.
The general fund could become insolvent unless it slashes planned spending by $138 billion. A gas tax increase would raise $394 billion over the next decade, which would be enough to restore the trust fund to solvency, WaPo wrote.
Trump, for his part, suggested in May 2017 that he would “consider” raising the federal gas tax to pay for his promised increase in infrastructure spending. National Economic Council Director Gary Cohn, meanwhile, reportedly floated the idea of a 7-cent-per-gallon hike.
Read more at Daily Caller
And exactly how are you going to “fight” global warming? … a gas tax “fights” global warming? … that’s hilarious.
Right you are JAYPEE .
The thing I have not landed on is the real reason(s ) the media keep peddling one sided climate Armageddon fiction .
Does it sell ? Apparently so .
Is it part of the marketing plan to transition from their failing business model ? Even Starbucks is ditching print media in some locations.
Are they just susceptible to being bullied ?
Are they just so scientifically illiterate that people like AL gore and comedians like Bill Nye hoodwink them easily ?
Or , do they just care about the planet (OK except for the forests they destroy every year to produce a one day product) .
Maybe their pension plans have been tipped off on the next green grant seekers who’s stocks will go up before disappearing .
These ones are a little to obvious so maybe they are just playing their part to further the globalist agenda that is so threated by President Trump resulting in over 90% negative coverage ? Hard to ignore that one and bias obvious deployed by the owners of MSM and their puppet editors .
Some day the truth will come out .
All taxes on energy or its use are
Purely Inflationary.
The manufacture, delivery or use of
ALL Products and Services
Require the use of energy.
Any tax on energy is a tax on EVERYTHING
And Therefore
PURELY INFLATIONARY.
For entertainment purposes,
I’d like to here a pc Dupa dispute that.
Stupid taxes proposed by Stupid Liberal Demac-Rats yeah the Dumb-O-Crats always coming up with some stupid tax and the stupid liberal leftists media who supports these idiotic taxes
The Chamber of Commerce promotion of a tax based on an over blown fraud is good reason to leave the Chamber of Commerce . Read the room Chamber not the PC media pushing a con game .
Energy helps compete against the slave wages of Asian countries . Why would you be advocating making USA businesses uncompetitive ? Leave that to Canada and take the opportunity while you have it to support your members instead of proposing to screw them . Anyone with a brain knows a “fuel tax” (carbon tax ) is a tax on the poor and rapidly declining middle class . Grow up Chamber or you will be extinct .
I don’t remember which administration did that the study. It might have been Clinton and the results are believable. The study was what level of gas tax it would take before Americans started driving less. I don’t remember the values but I do remember that the increase per gallon had to be huge. It would be an increase of thousands a year rather than $108. The current proposed increase is just another excuse to use climate change to get more money out of our citizens.
America’s founding fathers would be beyond angry to see taxation used as punishment or leverage for extortion. To the left taxes are not only a means of self-funding, they are also as a tool of vindication to be swung at enemies.
Consider also that rarely are taxes used for their stated purpose. If there was truth in taxation thousands of chronic problems would have been solved by now.
Leave it to a liberal rag like the Washington Compost to support some stupid tax over this Global Warming/Climate Change poppycock these liberal newspapers are a waste of Trees and Free Press and all that Petroleum to produce all the printing ink they use