02/15/2018

Trump Backs 25-cent-a-gallon Gasoline Tax Hike

The outrageous hike would help fund his infrastructure spending proposal

U.S. President Donald Trump endorsed hiking the federal gasoline tax by 25 cents a gallon in a meeting with lawmakers on Wednesday about funding his infrastructure spending proposal, a Democratic lawmaker said.

Senator Tom Carper, who attended the meeting, confirmed a report by online publication Axios that the Republican president had backed the increase. The 18.4-cent-a-gallon tax on gasoline has not been hiked since 1993. The federal diesel tax is 24.4 cents a gallon.

“To my surprise, President Trump, today in our meeting, offered his support for raising the gas and diesel tax by 25 cents a gallon and dedicating that money to improve our roads, highways, and bridges,” Carper said in a statement. “The president even offered to help provide the leadership necessary so that we could do something that has proven difficult in the past.”

Please select this link to read the complete article from Reuters.