States Continue to Propose Tax Changes to Fund Infrastructure

At least 18 state legislatures have either passed tax increases this year to fund infrastructure or are considering it.
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At least 18 state legislatures have either passed tax increases this year to fund infrastructure or are considering it.

The Pennsylvania Senate Transportation Committee recently passed a $2.5 billion transportation package that uncaps the oil company franchise tax, a tax on the wholesale price of gasoline, to help raise infrastructure revenues. The oil company franchise tax is applied to the first $1.25 per gallon of the average wholesale price of gas, estimated this year at $3.11 per gallon by the state Department of Revenue.

The D.C. Council recently approved a record $12.1 billion budget that 
eliminates the city’s 23.5-cents-a-gallon gas tax and replaces it with an 8.3 percent tax on wholesale gasoline and diesel purchases.

Meanwhile, a new Michigan poll says that most would favor an increase of one percentage point in the state sales tax — from 6 percent to 7 percent — to fix and maintain the state’s roads and bridges.

 

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