Vol. 26, No. 1
With gasoline prices at a five year low, isn’t this the perfect time to raise the federal gas tax? A growing chorus of voices including several infuential Republican Senators — John Thune (R-SD), Bob Corker (R-TN) Jim Inhofe (R-OK), and Orrin Hatch (R-UT)—seem to think so. So does the Washington Post and the New York Times. “Now is the best time Washington has seen in years to raise the federal gas tax,” a Post editorial said. “A modest increase in the gas tax would hardly be noticeable to most Americans,” echoed the New York Times…President Obama isn’t so sure.
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