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.

HERE ARE THE FACTS:

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ONE MORE QUICK THING:

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As we wrote over the summer, traffic has been down at Mother Jones and a lot of sites with many people thinking news is less important now that Donald Trump is no longer president. But if you're reading this, you're not one of those people, and we're hoping we can rally support from folks like you who really get why our reporting matters right now. And that's how it's always worked: For 45 years now, a relatively small group of readers (compared to everyone we reach) who pitch in from time to time has allowed Mother Jones to do the type of journalism the moment demands and keep it free for everyone else.

Please pitch in with a donation during our fall fundraising drive if you can. We can't afford to come up short, and there's still a long way to go by November 5.

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