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Increase the federal tax on gasoline and diesel and index it to inflation.

Created by S.H. on May 29, 2013

Federal taxes on fuel have remained constant since 1993. Since then stability has declined in the middle east, negative effects of climate change have been identified, and US infrastructure, specifically roads and bridges, has degraded. Increasing the federal tax on fuel products will improve all three issues above. US dependance on foreign and domestic oil sources will decline as consumers will find it more economical to adopt fuel efficient driving styles and technologies. CO2 emissions will decrease, and additional revenue will be collected to repair aging infrastructure.
Such a policy change need not harm US consumers as additional revenue can be applied to incentives for efficient vehicles, public transit, emerging technologies, and improved road safety and comfort.

Budget & Taxes
Energy & Environment
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