Commentary: Gas Tax Increase Is Sound Policy
Recently, the Columbia Daily Tribune published our op-ed on how the plan for a small increase in the fuel tax, along with tolling on major state projects, is sound policy. Here is an excerpt from the article:
Aside from giving policymakers breathing room to come up with more long-term solutions, the current proposal would create a public-private partnership authority that could, with the approval of the Missouri Legislature, allow the private sector to build and toll an expanded I-70, along with other infrastructure projects. This is a major opportunity for Missouri, which simply does not have enough tax revenue to rebuild our most expensive highways. In other states, leasing toll roads has resulted not only in better, less congested roads, but also significant upfront payments to improve the transportation system in general. Using tolls is also the fairest way for rebuilding major roads; only those who directly benefit will have to pay.
To read the full op-ed, click here to go to the Columbia Daily Tribune.