Feb 22, 2018
CNBC on Gas Tax: ‘If You Just Passed Tax Cuts, Why Are You Raising Prices on Consumers?’
Post by Freedom Partners
‘Those numbers are kind of painful’
Attempts to increase the federal gas tax have long been rejected by lawmakers due to the disproportionate – or “regressive” – burden it would impose on lower-and-middle income Americans who already pay a high percentage of their earnings for energy costs and everyday consumer goods.
But the pro-tax coalition has returned, proposing a 25-cent gas tax increase from 18.4 cents per gallon to 43.4 cents to pay for infrastructure, marking the largest tax increase in history at the pump.
Just how much more would Americans pay for gasoline under the proposed tax?
CNBC reported that based on a Freedom Partners and Americans for Prosperity state-by-state report detailing the heavy burdens an unprecedented federal gas tax increase would impose on hardworking taxpayers, “those numbers are kind of painful.”
“If you just passed tax cuts, why are you raising prices on consumers?” CNBC asked.
The Freedom Partners and Americans for Prosperity report reveals that some states would be especially hard hit by the increase, including Pennsylvania, California, Washington, Hawaii, New York, Michigan, Indiana, Florida, Connecticut and New Jersey.
Last week, AFP led a coalition of nearly 30 taxpayer advocate organizations in a letter to Congress asserting opposition to increasing the federal gas tax as part of infrastructure legislation.
Previously, Freedom Partners and AFP sent a letter to the president on January 23 that argued against a gas tax increase saying, “efforts to improve our nation’s infrastructure should focus on maximizing taxpayer dollars by targeting priorities such as roads and bridges, eliminating wasteful spending, removing regulatory barriers that delay projects and drive up costs, and ensuring there is proper oversight and accountability.”