Thursday, April 1, 2021

White House Might Tax Motorists By the Mile to Fund $3-4T Infrastructure Plan; Biden Weighing 'mileage tax' On Drivers, Buttigieg Says: 'I think that shows a lot of promise', and related stories

Getty Images
White House might tax motorists by the mile to fund $3-4T infrastructure plan:
The Biden administration is considering imposing a vehicle mileage tax on Americans — as a way to fund a multi-trillion-dollar infrastructure plan set to be announced by President Biden, Transportation Secretary Pete Buttigieg said Friday.
“I think that shows a lot of promise… If we believe in that so-called user-pays principle, the idea that part of how we pay for roads is you pay based on how much you drive,” Buttigieg said on CNBC during an interview.
“The gas tax used to be the obvious way to do it; it’s not anymore… So, a so-called vehicle miles traveled tax or a mileage tax, whatever you want to call it, could be the way to do it.”
The levy would tax drivers on the number of miles they travel, as opposed to the amount of gasoline they consume, which is no longer a reliable stream of income with so many electric cars on the road. --->READ MORE HERE
AP Photo/Andrew Harnik, File
Buttigieg: Biden eyes 'mileage tax' on drivers that 'shows a lot of promise':
U.S. Department of Transportation Secretary Pete Buttigieg said Friday President Biden is weighing a “mileage tax” on drivers as a way to help pay for his forthcoming infrastructure plan that could cost upwards of $3 trillion.
“I think that shows a lot of promise,” Mr. Buttigieg said of a mileage-based tax on CNBC.
“If we believe in that so-called user-pays principle — the idea that part of how we pay for roads is you pay based on how much you drive, the gas tax used to be the obvious way to do it,” he continued. “It’s not anymore, so a so-called vehicle miles traveled tax or mileage tax, whatever you want to call it, could be a way to do it.” --->READ MORE HERE
Follow links below to related stories:

If You Drive a Car, You Might Soon Be Paying Buttigieg's 'Miles Traveled Tax'

Administration Mulls Mileage Tax to Fund $3 Trillion Infrastructure Bill

Biden Admin Considers Taxing How Far You Drive

If you like what you see, please "Like" us on Facebook either here or here. Please follow us on Twitter here.


No comments: