Oh, sorry, I mean "indexing the gas tax to inflation," which is how The Washington Examiner puts it.
Virginia Gov. Bob McDonnell hinted Monday that raising taxes at the pump could become part of a broader transportation package that he plans to push through the General Assembly next year.
While McDonnell was coy about the specifics of his plan, indexing the gas tax to inflation is "one of the things we're evaluating" to help raise revenue for roads, he said. The gas tax has remained unchanged since 1986, when it was set at 17.5 cents per gallon, despite increased fuel efficiency in vehicles and more miles of highway to maintain, the governor said.
Other taxes, like the income and sales taxes, are a percentage, not a flat rate.
"I'm going to be fairly adamant with the General Assembly this year that we've got to stop kicking the can down the road," McDonnell said. "There's a serious problem, and it's going to take significant money."
I thought we had this big surplus The Gov was bragging about time after time? So which is it? The gas tax is the most hurtful taxes out there, it hits the poorest the hardest and even though gas is going down now there seems to be no return to the old days of $1.50/gallon. This will be a gigantic mistake. Maybe McDonnell should have thought twice about throwing taxpayer money at the movie industry and Daniel Snyder before thinking of hiking the gas tax? When I agree with Scott Sourvell on something, there is a problem.
I'm hoping there some heroes in the Assembly ready to fight this tooth and nail. He's a lame duck, fellas, there is no need to put up with this anymore.