According to this study by the American Road & Transportation Builders Association, this "Gas Tax Holiday" will lower tax revenue for infrastructure by roughly $9 billion and potentially cost 300,000 highway construction jobs. The highway trust fund that the gas tax finances provides money to states and local governments to pay for road and bridge construction, repair and maintenance.
Calculate Your Savings Here
| 300,000 American Jobs Lost. $9 Billion in Federal Highway Funds. |
| North Carolina: 7,071 Jobs and $203,319,748 in federal highway funds |
| Indiana: 6,390 Jobs and $183,722,596 in federal highway funds |
| 150 economists sign letter opposing the gas tax holiday |
| Fuel Type: |
| |||||||||||||||||||||||
| Federal Tax Rate: | ||||||||||||||||||||||||
| Miles Driven Per Week: | ||||||||||||||||||||||||
| Expected Miles Driven: | (15 weeks) | |||||||||||||||||||||||
| Miles Per Gallon: | ||||||||||||||||||||||||
| Additional Miles Driven: | (vacation, etc) | |||||||||||||||||||||||
| Total "Holiday" Miles Driven: | ||||||||||||||||||||||||
| Total "Holiday" Gallons Burned: | ||||||||||||||||||||||||
| Total "Holiday" Dollars Saved: | ||||||||||||||||||||||||
Calculate Your Savings Here
No comments:
Post a Comment