Business group backs higher gas tax to fix highway system

[Eugene]

Source: Reuters

Business group backs higher gas tax to fix highway system

By Doug Palmer
WASHINGTON | Wed Feb 13, 2013 3:01pm EST

(Reuters) - A leading business group on Wednesday threw its support behind the politically unpopular idea of raising the federal gasoline tax to help fund trillions of dollars in projected U.S. infrastructure needs.

"The Chamber (of Commerce) supports reasonable increases in gas taxes that are phased in and indexed to inflation," the group's president, Thomas Donohue, told the House of Representatives Committee on Transportation.

"From a business standpoint, if you need something that's going to provide a good return, you have to go out and in invest in it and buy it," Donohue said, referring to highways and other infrastructure that make it possible to produce and move goods.

"That's why we're willing to pay more in gas and diesel taxes for something we know is going to make us more productive and efficient and lower our costs," Donohue said.

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Read more: http://www.reuters.com/article/2013/02/13/us-usa-transportation-idUSBRE91C14S20130213

[upaloopa]

1. More tax on the middle class and poor.

I say no. Raise corp taxes to fix them

[ret5hd]

2. anything but income tax, right?

[Angry Dragon]

3. gas tax = regressive tax

Let business pay for it

[robinlynne]

4. hell no. I cant afford a hybrid or an electric car.

[Myrina]

5. How about using some of those gazillions in unnecessary military spending?

jus' askin' ...