Fore Note: Mr. Corker has proven time after time that not only is he not a conservative, he's not even a republican. He's nothing more than a tax and spend liberal. Now he wants to raise the gas tax by twelve more cents. If he gets his way, that would make the federal tax on a gallon of gas thirty cents. This man is absolutely nuts.
Of course he says the increase in the gas tax would be offset by tax reductions in other areas. Well here's a thought, just leave the other taxes as they are and leave the gas tax alone. Does he really think we're that stupid?
Congress should raise gas tax: Sen. Corker
It's time for Congress to hike the federal gas tax and actually solve a fiscal problem instead of "kicking the can down the road," Sen. Bob Corker, R-Tenn., told CNBC on Monday.
The tax, or user fee, funds infrastructure repairs and improvements and hasn't been raised since 1993. Instead, Congress has been dipping into the general treasury to keep the dwindling Highway Trust Fund solvent.
"What Congress has done five times since 2008 is literally
generational theft, just stealing from future generations out of the
general funds to pay for infrastructure because Congress is going to
fund infrastructure but not in the appropriate way," Corker said in
an interview with "Closing Bell."
Corker, along with Sen. Chris Murphy, D-Conn., have proposed a gas tax increase of 6 cents a gallon each year for two years, ultimately raising it by 12 cents. It is currently 18.4 cents per gallon, and the diesel tax is 24.4 cents per gallon.