Although the proposal to adjust the state gas tax will no doubt be unpopular, it represents an important step in providing North Carolina with a sustainable revenue source for transportation (“ Gas tax plan raises pump price over time,” Feb. 11 news article).
The simple truth is that the states are mostly on their own with this. The president’s proposal to use taxes on overseas capital as a supplement to the Highway Trust Fund is a fantasy, and Congress has little stomach for raising the federal gas tax.
Tolls are equally or more unpopular than the gas tax and more difficult to implement broadly so are not really a viable option.
If North Carolina is to build and maintain a transportation system that supports a diverse and dynamic economy, it will need the funds to do so. The real challenge will be to ensure that the increased revenue actually finds its way to transportation and isn’t diverted by special interests.
Richard G. Little