Friday, January 11, 2008

Big, big federal tax hikes on the horizon?

The federal government may take another step to separate the "haves" from the "have-nots" -- big gas tax hikes that could be a crushing burden on a large number of drivers.

The National Surface Transportation Policy and Revenue Study Commission is expected to announce next week its proposals for saving the federal highway trust fund, which is now projected to go broke next year. From Land Line, a publication for truckers.

The Bloomberg news agency, citing an un-named source close to the report, has declared that the “gas tax” of 18.4 cents would increase between 5 cents and 8 cents per gallon, per year, for five years.

WisDOT Secretary Frank Busalacchi, who already engineered huge tax and fee increases in Wisconsin, is on the national commission.

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