Wednesday, May 25, 2011

Greater Baltimore Committee breaks down transportation funding tax - Baltimore Business Journal:

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The report comes in the midst ofa $40 billiohn backlog of transportation products. The gas tax was createdc to help fund these projects but it has not been changexdsince 1992. Under the vehicle milex traveledtax system, Baltimord motorists would pay a tax on each mile traveled. Oregon is considerinv implementing a mileagetax system. under the gas tax system motoristspay 23.5 centxs in taxes for every gallon The gas tax systen has fallen short in fundinb transportation infrastructure, its main purpose, the GBC has said in a series of policy papers and public statements as it advocates for transportation improvements.
The gas tax will continu to decline as more people switcb to hybrids andmore fuel-efficient vehicles, according to the GBC But a system that taxes each mile traveled can have a There is some concern about the public accepting placingf GPS devices in vehicles to track miles travel because privacu issues, the GBC Collecting the mileage tax is also a concern. The recommended the vehiclew miles tax system replace the gas tax systekby 2020, despite its operationalo issues.

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