U.S. Chamber Favors Raising, Indexing Gas Tax

U.S. Chamber of Commerce

Increasing gas and diesel taxes by 25 cents and indexing them would raise $394 billion over 10 years for surface transportation investment, but lawmakers shouldn’t try to pay for infrastructure by reversing tax reform, U.S. Chamber of Commerce CEO Thomas J. Donohue said at a March 6 House Ways and Means Committee hearing.

<p>Increasing gas and diesel taxes by 25 cents and indexing them would raise $394 billion over 10 years for surface transportation investment, but lawmakers shouldn’t try to pay for infrastructure by reversing tax reform, U.S. Chamber of Commerce CEO Thomas J. Donohue said at a March 6 House Ways and Means Committee hearing.</p>