Earlier today, Congressman Earl Blumenauer (D-OR) took to the House floor to give a speech about a new way to pay for transportation spending. Instead of the gas tax, he suggests we switch to the Vehicle Miles Traveled (VMT) tax, which – as the name suggests – taxes the amount of miles you drive rather than the amount of fuel you use. Why? Because of those environmentalist-favored fuel efficient cars (watch the video here):
“Our problem was created because for years Congress and the last two administrations have been unwilling to deal meaningfully with the large gap in funding for transportation created because we rely on an outmoded funding system based on the number of gallons of fuel consumed. With more efficient gas and diesel vehicles augmented by more hybrids, plug-in hybrids and electric cars, the transportation trust fund is locked into an inevitable downward spiral. Like the looming Social Security deficit, the longer we wait the worse it will get.
“Not this year, but over the next few years, we should temporarily increase and then replace the gas tax with a system that is based on the amount of road used. The new legislation should be laying the foundation for this transition, unfortunately it doesn’t.”
Curse fuel efficiency! Saving drivers money on gas…