Taxation by the Mile?
I just read an interesting article over at AllFinancialMatters.com. The gist of the issue is this: how should the government pay for new roads and to repair existing roads? Currently this is done mostly through a tax on gas. The new plan calls for an over 50% raise in this tax. But that is not all…oh no…that is not all…
The powers that be are also looking at a “technology based” method of tracking how many miles you drive in your car and then taxing you on that. What type of device would this be? A GPS? An odometer recorder? I really don’t know, but I am against it.
Of course, with more fuel efficient cars on the road, the gas tax is a system of diminishing returns.
Here is a link to the full article:
I HATE This Idea: Taxing Drivers By the Mile.
How do you think we should pay for new roads and repairs?
