Yesterday One America News posted an article about the U.S. Chamber of Commerce‘s suggestion that the gasoline tax be raised to pay for an infrastructure bill. No. That is a really bad idea. American’s just got a tax cut, now the Chamber of Commerce essentially wants to take that tax cut away.
The article states:
It’s been a while since the U.S. Chamber of Commerce was right-leaning–they support amnesty for illegals, common core, and other things that are definitely not right-leaning.
Consider what 25-cents a gallon would mean to the average working person. That could mean between $50 and $100 a month depending on the amount of driving they do and the mileage their car gets. The abrupt rise of gasoline prices leading up to 2008 was a small part of what caused the housing bubble to burst–people who were scraping by to pay their mortgages suddenly got hit with $100 plus a month in added fuel expenses for gas and oil and could not pay those expenses. Is the Chamber of Commerce trying to slow down the growing economy by adding a new tax? It sure seems that way.
If Congress needs money for infrastructure, they need to find a place to cut spending to pay for it.