There’s no denying that Tennessee’s infrastructure is in need of repair. But Gov. Bill Haslam’s proposed gas tax increases to fund the projects—which the state House of Representatives will vote on this Wednesday – isn’t the right solution. Instead, lawmakers should use money already in the state budget, which is more than enough to meet our transportation needs. The key component of Gov. Haslam’s plan is to increase the state’s tax by 7 cents a gallon on gasoline and 12 cents a gallon on diesel – respective increases of 33 percent and 65 percent over what we currently pay today. Not only that, but it will also be indexed to inflation every other year. That means each time you go to the pump, you’ll pay more to the state and have less money to spend on your personal needs—and it will get worse every two years. On top of the gas tax increase, Gov. Haslam wants to nickel-and-dime us with an increase in vehicle registration fees, too. All combined, the governor’s proposal includes nearly $300 million in higher taxes every year. And that’s not all. The proposal would also give municipalities a bite at the tax apple, allowing them to hold referendums on raising local sales taxes to…
Read the full storyCommentary: Oppose Wednesday’s Vote to Raise Tennessee’s Gas Tax
