{"id":25676,"date":"2015-05-26T21:51:36","date_gmt":"2015-05-27T01:51:36","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=25676"},"modified":"2015-05-26T21:51:36","modified_gmt":"2015-05-27T01:51:36","slug":"another-reason-to-oppose-an-increase-in-the-gasoline-tax","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=25676","title":{"rendered":"Another Reason To Oppose An Increase In The Gasoline Tax"},"content":{"rendered":"

I have previously stated my objection to raising the tax on gasoline now that the price per gallon has dropped–the gas tax<\/a> is much more of a burden on lower income people than on the upper middle class. As much as I do think tax burdens should be somewhat equal, I don’t like to see people spend a major portion of their income just getting to work. When the price of gasoline<\/a> dropped, I think everyone breathed a sigh of relief–it was like getting a tax rebate. Now Congress<\/a> is ready to mess that up.<\/p>\n

The Wall Street Journal<\/a> posted an article today explaining where the money paid in gasoline taxes has been spent. Because we are hearing cries about our crumbling infrastructure, you would think that the gasoline tax money would be spent on roads. Think again.<\/p>\n

The article reports:<\/p>\n

But before considering any policy that would raise additional revenue, Congress should first reform where the fund\u2019s money goes. The Highway Trust Fund<\/a> now pays for a plethora of projects that have little to do with highways. According to a 2013 analysis<\/a> by the Heritage Foundation<\/a>, at least 20% of gas-tax revenues in recent years went toward other programs, from light rail to bike lanes to landscaping projects. Some funds even went toward establishing transportation museums.<\/strong><\/p>\n

Hence the financial problems. According to an editorial in this newspaper<\/a>, spending on non-highway projects has increased by nearly 40% since 2008, while highway-related spending has remained flat. If Congress directed the fund to spend its money only on highways and other road-related infrastructure\u2014what it was initially created to do\u2014it would be 98% solvent for the next decade.<\/strong><\/p>\n

This is the perfect picture of the problem with government spending<\/a>–the problem is not lack of money–the problem is how the money they have is being spent.<\/p>\n

The article concludes:<\/p>\n

Higher gas prices, tax-induced or otherwise, also correspond with diminished economic growth. When you and I have more money to spend, we usually do so, benefiting the economy in the process. Financial analysts at Goldman Sachs<\/a> predict that lower gas prices could add as much as half a percentage point to GDP growth<\/a> this year. Some of this will be offset by corresponding declines in the oil and gas industry, but the overall effect on America<\/a>\u2019s economy is still expected to be positive in 2015.<\/strong><\/p>\n

This puts in perspective the first quarter\u2019s lackluster 0.2% economic growth. Without the benefits of lower gas prices, growth could have been even slower, which is the last thing Americans need. When the Highway Trust Fund\u2019s future comes up for congressional debate in the coming weeks, legislators should consider reforming it rather than simply demanding that you and I pay more at the pump.<\/strong><\/p>\n

There are Republicans and Democrats who have authored this bill. Every one of them should be voted out of office at the next opportunity. This is not the time to raise taxes–this is the time to begin to spend responsibly.<\/p>\n","protected":false},"excerpt":{"rendered":"

I have previously stated my objection to raising the tax on gasoline now that the price per gallon has dropped–the gas tax is much more of a burden on lower income people than on the upper middle class. As much … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[5636,9046,172,8593,385,3415,8827,8401],"class_list":["post-25676","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-fuel-tax","tag-gas-tax","tag-government-spending","tag-highway-trust-fund","tag-price-of-gasoline","tag-republican-party-united-states","tag-the-heritage-foundation","tag-the-wall-street-journal"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/25676","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25676"}],"version-history":[{"count":1,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/25676\/revisions"}],"predecessor-version":[{"id":25677,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/25676\/revisions\/25677"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}