Speak Out: Will McDonnell's Tax Plan Help Virginia?
Governor's five-year, $3.1 billion transportation overhaul aims to fund major road and infrastructure needs. Tell us: Do you think the governor's plan is a sustainable option for road maintenance and new projects?
Virginia residents could see a higher sales tax — and the state could become the first in the country to shed its gas tax — if a transportation plan unveiled by Virginia Gov. Bob McDonnell passes the state's General Assembly during its 2013 session. The five-year, $3.1 billion transportation overhaul is the governor's attempt to address some of the state's major road and infrastructure needs in coming years; $14 billion in projects are already underway across Virginia. McDonnell said the 17.5 cent tax on gasoline — which accounts for more than 30 percent of Virginia's transportation revenues — was "dated," blaming inflation and better mileage on the dollar for making it a stagnant funding source. Raising sales tax from 5 to 5.8 percent, …
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Dawn
3:27 pm on Thursday, March 7, 2013
I really don't understand this proposed plan. The gas tax makes sense going to transportation because (presumably) the majority of gas purchased is used for transportation. Why take this away just to then need to find another revenue source? Cars have become more efficient because of cost and regulation -- why reduce the cost of gas and [on top of that] tax alternative fuel vehicles? That seems … more ›