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News Link • TAXES: Federal

Trump endorses 25-cent gas tax hike, lawmakers say


President Donald Trump endorsed the idea of a 25 cent-per-gallon gas tax increase at a meeting Wednesday with lawmakers, people who attended the session said — a move that could help pay for his big infrastructure plan but brought swift attacks from anti-tax conservatives.

Trump's support came just two days after the White House released a long-awaited, $1.5 trillion infrastructure plan that didn't endorse such a politically perilous increase, and less than two months after he signed a mammoth tax code overhaul that would have provided cover for lawmakers supporting it. The last president to hike the 18.4-cents-per-gallon federal gas tax was Bill Clinton in 1993, a year before Democrats lost both chambers of Congress in a crushing midterm defeat.

1 Comments in Response to

Comment by Ed Price
Entered on:

We need a hike in gas tax. It should be a 5-year thing, that hikes gas taxes about $5 a gallon over 5 years. Why? Because then gas will be so over priced that anybody could afford to make his own, cheaper. Those who would rather buy at the pumps will pay Government what Government wants. Those who make their own will gradually make us fuel sufficient in America. Finally, when we start supplying our neighborhoods, privately, Big Oil along with Government gas taxes will go down the tubes.

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