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house Bill H.R. 1664

Should the Gas Tax be Increased to Fund Transportation Infrastructure Projects?

Argument in favor

This would modestly increase the tax on gasoline and diesel in order to provide the funding needed for rebuilding our crumbling network of roads, bridges, and transit systems.

Mike kathi's Opinion
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07/08/2017
Increase gas tax only if it is earmarked for highways only. It should not be a slush fund.
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Thelma's Opinion
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07/08/2017
It costs money to have a modern, connected society. Taxes are necessary if we are to have excellent roads, healthcare, clean air and water... people opposed to having to pay for this make no sense to me - we all end up paying for it somehow whether you realize it or not.
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Tim's Opinion
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04/26/2017
We need more taxes on carbon to better reflect their true cost on society and the economy.
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Argument opposed

Raising the tax on gasoline and diesel will hurt the economy by taking more money out of Americans’ pockets. There are better ways to fund transportation infrastructure projects.

Doug's Opinion
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07/08/2017
The corporates should be taxed!! The BP's and Exxon's of the world!!
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Jeanne's Opinion
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07/08/2017
Tax Exxon and BP. Make them pay all their back taxes. Eliminate tax breaks for all polluting companies and use the money for the environment and health care. If companies and billionaires paid what they owe, there would be plenty of money for most everything. Stop the tax breaks and loopholes.
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AnarcoCapitalist's Opinion
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07/08/2017
This would be another regressive tax on the poor. Find another way.
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bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      Committee on Transportation and Infrastructure
      Highways and Transit
      Committee on Ways and Means
    IntroducedMarch 22nd, 2017

What is House Bill H.R. 1664?

This bill would allow the Dept. of the Treasury to issue 30-year “Invest in America Bonds” that would finance transportation infrastructure projects and would be paid for by increasing the tax on gasoline and diesel and indexing it to inflation. Bonds would be repaid at the end of their 30-year term, and the Treasury would be authorized to issue them through 2030.

Indexation of the gasoline and diesel taxes would be based on two factors: the cost of construction for transportation projects and reduced motor fuel usage. It’s estimated that the tax would be increased by 1 cent per year and generate about $500 billion in tax revenue. To prevent large fluctuations in the level of the tax, the indexation would be capped at 1.5 cents per gallon.

This legislation would also undo a provision of current law that requires $7.6 billion in highway funding be rescinded on July 1, 2020 -- effectively allowing the government to still use the funding.

Impact

Transportation infrastructure; people and businesses that buy gasoline and diesel; and the federal government.

Cost of House Bill H.R. 1664

A CBO cost estimate is unavailable.

More Information

In-Depth: Sponsoring Rep. Peter DeFazio (D-OR) introduced this bill to eliminate the funding shortfall for transportation infrastructure projects by raising the tax on gasoline and diesel and indexing it to inflation:
“Today, I am introducing legislation that will provide approximately $500 billion in additional investment for roads, bridges, and transit systems and fill the hole in the Highway Trust Fund. My bill will address our state-of-good-repair backlog, repair or replace deficient bridges, create tens of thousands of good-paying American jobs, and keep us competitive in the world economy. A Penny for Progress is a straightforward, practical bill that deserves consideration.”

This legislation has the support of 17 cosponsors in the House, including 16 Democrats and one Republican.


Media:

Summary by Eric Revell

(Photo Credit: Scott Catron via Flickr / Creative Commons)

AKA

Investing in America: A Penny for Progress Act

Official Title

To amend the Internal Revenue Code of 1986 to index the gas and diesel tax and rebuild our roads, bridges, and transit systems.

    Increase gas tax only if it is earmarked for highways only. It should not be a slush fund.
    Like (141)
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    The corporates should be taxed!! The BP's and Exxon's of the world!!
    Like (205)
    Follow
    Share
    Tax Exxon and BP. Make them pay all their back taxes. Eliminate tax breaks for all polluting companies and use the money for the environment and health care. If companies and billionaires paid what they owe, there would be plenty of money for most everything. Stop the tax breaks and loopholes.
    Like (181)
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    This would be another regressive tax on the poor. Find another way.
    Like (91)
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    No put a tax on Carbon for corporations like Exxon mobile . No need to tax the working and middle class. This tax is uncalled for. Tax Wall Street speculation,
    Like (69)
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    It costs money to have a modern, connected society. Taxes are necessary if we are to have excellent roads, healthcare, clean air and water... people opposed to having to pay for this make no sense to me - we all end up paying for it somehow whether you realize it or not.
    Like (62)
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    Let's see, where have I heard this before? California! Government makes a promise, the bill is passed and somehow, that gas tax money escapes to buy a High Speed Train or finance some ECO project. The bridges aren't built, Super Highways remain un-repaired and politicians keep taking their junkets to spread democracy or not. Until politician keep their word, act responsible and truly takes a interest our dilapidated infrastructure, I'll continue to dodge the potholes or take county roads. At least least I can see fields and cows instead of graffiti plastered on the overpasses or creep along on congested "freeways." Read that fine print my friends. It's there… where the rubber hits the road.
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    We need more taxes on carbon to better reflect their true cost on society and the economy.
    Like (40)
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    Coming from the 5th highest gas taxed state, there is no need to introduce a gas tax to fund infrastructure plans. If the vast majority of the comments above and below want a gas tax, I suggest talking to a state rep to have a heavier gas tax in your state, considering the average gas tax/gallon bought is around $.3/gallon. On another point-of-order, if you tax the gas companies this would create a trickle down effect in two ways. First, gas companies would withhold how much oil is produced into gas, thus creating higher gas prices. Secondly, taxing gas/oil companies would only encourage them to charge higher prices, thus driving up transportation of the oil and gas price/mileage, thus creating the gas stations to charge higher prices to combat the cost, create price gouging, and then finally paying for it at the pump. Introducing any tax creates a long chain of price hikes to create revenue, therefore, a better solution should be thought of. Maybe balancing the budget, and that does not mean borrowing from Social Security.
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    Money is mismanaged now; why give you more until you stop the grafting congressmen & senators?
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    While I like the concept of this idea and I support funding for infrastructure, poor and working class Americans already pay enough in taxes. I think a better way to fund a bill like this is through a carbon tax on oil and gas companies, which would not only pay for infrastructure but reduce air pollution.
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    The US has some of the lowest gas taxes and prices in the world. A gas tax would closely follow the "user pays" principle, since, in general, vehicles that weigh more and cause more damage to infrastructure also use more gas. While some hybrid and electric vehicles would pay less for the same use of infrastructure, that would be a good thing since they would be rewarded for causing less air pollution. The key is for government not to become dependent in the long term on the gas tax for funding infrastructure, as the additional cost of gas will accelerate the trend toward more fuel efficient vehicles, thus reducing revenue from the gas tax. It's a good measure that will help fund infrastructure in the near term.
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    Vote no on gas tax. Increase income taxes for the wealthy and corporations and stop spending so much on the military budget.
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    Gas tax was set at $.18 per gallon in 1993. Inflation has eroded its purchasing power by about 40% meaning it is about $.11 in today's dollars. Had Congress indexed it to inflation like they should have we would not be in the infrastructure quagmire we are in now. I have written to my Representatives saying I support the following: 1. Increase the Gas Tax by $.03 per gallon on Jan 1 of the next 3 years. 2. Index the Gas Tax to inflation immediately. 3. Eliminate the Davis Bacon Act and any other laws that stipulate Prevailing Wages be paid in infrastructure projects. As Tax Payers we should not be paying any more than necessary for any public works projects
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    The national infrastructure sorely needs more funding.
    Like (17)
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    We need massive infrastructure investments in this country. We need to make sure our bridges don't collapse, lines don't derail, highways don't have pot holes, we get high speed rail, we invest in green commuter, subway, light and streetcar systems.
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    Why are all the revenue generating streams you put forth designed to punish the everyday working "man"? How about you increase taxes on corporations, instead. Don't allow companies making billions in profits to not pay a dime in taxes. (Yes, like you G.E.!) Are you all so committed to only maintaining your own wealth and the significant and obnoxious divide between the wealthy and everyone else?!? NO gas tax increase!
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    Of course increasing taxes is the only way to pay for infrastructure improvements. It's also another way to boost the economy and employment. Trumps idea for funding infrastructure improvements through private investing doesn't make any sense. Private investors usually want some guarantee of a return...hmmm, more toll roads? Maybe an increase on gas will "fuel" more electric cars. Is Elon Musk behind this in some way?
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    The money would be spent on more pork. So, NO!
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    READ MY LIPS, DEMOCOMMIES: NO NEW TAXES! Here's how you fund infrastructure improvements: 1.) ELIMINATE UNCONSTITUTIONAL FEDERAL AGENCIES that usurp power that belongs to the states. 2.). REDUCE FOREIGN AID -- zero to countries that don't share our values (governed by Communists or Islamic supremacists) 3.) PAY ONLY OUR FAIR SHARE to the U.N. and NATO. 4.). DEFUND SANCTUARY CITIES, STATES, COLLEGES, AND UNIVERSITIES. This bill is typical of DemoCommies who only know how to do 2 things: TAX AND SPEND!
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