Trump Wants to Raise the Gasoline Tax—Maybe

Donald Trump wants some money to pay for his infrastructure ideas:

President Donald Trump’s chief economic adviser raised the possibility of increasing the federal gasoline tax next year to help pay for the administration’s $1 trillion infrastructure plan, U.S. Representative Tom Reed said. National Economic Council Director Gary Cohn brought up the fuel tax as a way to help fund promised upgrades to U.S. roads, bridges and other public works during a meeting with a bipartisan group of lawmakers dubbed the Problem Solvers Caucus on Wednesday, said Reed, a New York Republican who is co-chairman of the caucus.

Republicans mostly seem to be pretty lukewarm to the idea, but they shouldn’t be. Here’s the gasoline tax over the past 70 years:

An increase of five or ten cents would get the gas tax back to where it’s historically needed to be to properly fund road and highway maintenance. More than that might allow us to build new stuff, as Trump wants. Unfortunately, Republicans don’t recognize that inflation exists if the topic happens to be tax rates. I don’t suppose there’s much chance of this happening unless Trump himself gets out and starts getting big cheers at his rallies for the idea.

THANK YOU.

We recently wrapped up the crowdfunding campaign for our ambitious Mother Jones Corruption Project, and it was a smashing success. About 10,364 readers pitched in with donations averaging $45, and together they contributed about $467,374 toward our $500,000 goal.

That's amazing. We still have donations from letters we sent in the mail coming back to us, so we're on pace to hit—if not exceed—that goal. Thank you so much. We'll keep you posted here as the project ramps up, and you can join the hundreds of readers who have alerted us to corruption to dig into.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate

Share your feedback: We’re planning to launch a new version of the comments section. Help us test it.