Share “Washington Times: Increasing gas tax not...”

Washington Times: Increasing gas tax not the right solution

Published: December 14, 2012

The St. Louis Federal Reserve charts the ups and downs of various sources of government revenue, and the gasoline tax comes out as one of the most reliable sources during a downturn. Federal income tax revenue, for example, only returned to pre-recession levels last year while fuel tax receipts rang up 9 percent higher.

Taxpayers are already paying enough, considering how hard it is to get by with the country's economic engine running on empty. They don't need higher taxes on their gas, and they don't need higher taxes on job creators — known to the envious as “the wealthy.” What they truly need is representatives in the statehouse and in Washington willing to recognize the cause of the fiscal malaise is spending, not a lack of revenue.

— The Washington Times