The Tax Foundation has released a new report to help federal lawmakers figure out how to address transportation challenges. Some of the advice could also prove helpful to Georgia as we struggle with similar problems.
From the Tax Foundation’s press release:
If lawmakers decide to look for revenue instead of cutting trust fund spending, their source of revenue should be long-term and should connect drivers as closely to the cost of funding the roads as possible, according to the latest report from the nonpartisan Tax Foundation.
One option is to increase the gas tax, adjust it to inflation, and offset that increase by reducing another tax by the same amount of revenue. Besides being revenue neutral, there are good policy reasons for this swap:
The Georgia Public Policy Foundation has been doing important work for the free enterprise movement for the past 20 years. I can assure you from the vantage of a non-profit think tank in Washington, D.C. with much the same principles as GPPF that the work we do simply would not be possible if it were not for the important work that GPPF does. We see it, we understand it, it is an inspiration to us, it is the kind of thing that will translate into the important work that we can do in Washington, D.C. We thank you very much for that.