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 is something that I am proud to be a part of today. The research conducted by education groups like yours is invaluable in helping form opinions and allowing people to reach conclusions that ultimately help them make the right decisions.