The Tank of Gas is Half-Full

RR060117 pump

June 1, 2017 – According to Politco’s Morning Transportation, there’s a new chapter in the Trump administration’s ongoing gas tax saga – White House infrastructure adviser Richard LeFrak said that he’s in favor of raising the gas tax. Though, he argued it wouldn’t really be a raise since “you’d be leveling it to where it would have been had they adjusted it for inflation in 1993.” He said the 18.4-cent gas tax is worth far less now than it was when it was imposed, and improved fuel economy has also eaten away at revenues. Thank you. That is what we have been maintaining for years.

 

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