General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAmerica, Land of the Pothole
Apr 27, 2015 9:02 AM EDT
By Barry Ritholtz
Get in your car and go for a drive just about anywhere in the U.S. You will be confronted with a transportation system desperately in need of a reboot. I'm not referring to a full upgrade to smart roads -- the sensor-driven intelligent system that promises to move vehicles more cheaply and efficiently. Rather, I refer to essential repairs: Filling potholes, basic maintenance.
In the U.S., we have allowed a transportation grid that was once the envy of the world to become an embarrassing wreck.
As noted before, since 1993, the U.S. federal gasoline tax has been 18.4 cents a gallon. This money finances the Highway Trust Fund. Adjusted for inflation, the tax is about 10 cents a gallon. It isn't as if Americans are overtaxed in this respect: The U.S. has the third-lowest gas taxes in the world, with only Kuwait and Saudi Arabia taxing gasoline less.
Unlike most user taxes, the fuel tax isn't indexed to inflation. According to the Federal Highway Administration, about 70 percent of regular roadway maintenance costs and 80 percent of capital spending is paid for by federal gas taxes, with state and local municipalities covering the rest. As costs for repairs have increased, revenue to pay for ordinary maintenance and repairs has failed to keep pace.
The roads in this country are aging, with the Eisenhower Interstate Highway System coming up on its 60th anniversary. Many of the bridges and tunnels are years or decades past their expected useful lives. Add to that two consecutive brutal winters that did significant damage to roads in the Midwest and Northeast. Find a stretch of asphalt that's more than a few years old and chances are it will be riddled with potholes and buckled by frost heave.
more...
http://www.bloombergview.com/articles/2015-04-27/failure-to-raise-gas-tax-leaves-u-s-roads-in-ruins
hobbit709
(41,694 posts)The TX highway system at one time was one of the best anywhere. Now some TX roads are no better than Third World back roads I've driven on.
daleanime
(17,796 posts)should be doubled or triplied.
Taitertots
(7,745 posts)Tax the rich.
Don't balance the budget on the backs of the poor.
daleanime
(17,796 posts)it's not 'balancing the budget', it's saving the planet. At least our part of it. The poor, the working class, and the middle class should be helped in other ways. But anything that slows carbon consumption needs to be considered.
Taitertots
(7,745 posts)As if regressive taxes were the only way to reduce green house gas releases.
daleanime
(17,796 posts)Huh?
I doubt your even thinking about this, but the poor live on this world also. There's a lot more of us, the poor, then there is of them, the rich. So any thing that's under taken to try to address climate change will have to include us. And it's far too late to use just one approach. Every thing's on the table.
There's a ton of things we should be doing for all of us, but cheap gas is not one of them.
Taitertots
(7,745 posts)Because "everything" includes policies that are a whole lot worse than just conservative tax policies.
If "everything" really is on the table, why are the worst, regressive, tax schemes your Raison D'etre?
daleanime
(17,796 posts)which you seen completely unconcerned about. But it's all good as long as you have fun, right?
Taitertots
(7,745 posts)through regressive taxes.
I'm less concerned with having fun and more concerned with the significant hardship that you wish to impose of hundreds of millions of people.
daleanime
(17,796 posts)you're not going to enjoy what's coming.
Taitertots
(7,745 posts)If anything a change to progressive taxation would cost me more money.
I could walk everywhere I need to go. It wouldn't negatively impact me if the gas tax was a billion dollars a gallon.
phantom power
(25,966 posts)zappaman
(20,606 posts)Armed with a can of washable spray paint, an artist in Greater Manchester, England, has embarked on a worthy crusade: to rid the region of potholes
by drawing penises on them.
The anonymous artist, who goes by the name Wanksy, told the Manchester Evening News that he decided to draw attention to the appalling pothole-ridden streets after some of his cyclist friends were badly injured on the roads.
I wanted to attract attention to the pothole and make it memorable. Nothing seemed to do this better than a giant comedy phallus, he said. Its also speedy, I dont want to be in the road for a long time. It seems to have become my signature. I just want to make people smile and draw attention to the problem.
http://www.huffingtonpost.com/2015/04/27/artist-penis-potholes-wanksy_n_7149810.html
NightWatcher
(39,343 posts)A five cent tax would make 6.725 Billion. How far would that go each year? At 18.4 cents per gallon, we're already paying almost 25 billion a year in taxes that don't appear to be going anywhere. Nothing is getting fixed.
http://www.americanfuels.net/2014/03/2013-gasoline-consumption.html
I'd be willing to pay 5 to 10 cents if it spurred a complete overhaul of road, bridges, and infrastructure improvements.
Skidmore
(37,364 posts)This was to add to the road fund. Not much complaining heard about it. It comes at a time when the revenue raising traffic cameras were being shut down in some cities.
underahedgerow
(1,232 posts)them, it makes sense. And Toll Roads. Yep. Make the people who drive on them, pay for them. Imagine that!
Seems to work pretty well in other countries.
Oh wait, we can't raise taxes, that makes politicians unpopular and they might make a voter mad...
Ron Obvious
(6,261 posts)We're on a road trip and have been appalled at the quality of many of our highways. Massachusetts' roads were particularly bad, and that's supposedly a high tax state. More tolls than I remember in previous years too.
All the shaking and hitting potholes at high speed probably does a lot of damage to vehicles as well. I wonder if the cost of fixing all that damage exceeds the amount of money required to fix our damn roads properly in the first place. I suspect it does. Lowering taxes often causes new or higher expenses that more than make up for the tax savings in my experience.
justiceischeap
(14,040 posts)I'm reluctant to get a front-end alignment on my car because they haven't fixed the winter potholes yet.